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Question for my friends out there. Let’s say you had to go on a one way trip overseas and needed to safely move your corn. How would you do it in a way that minimizes risk over convenience?

Keysa - Simplest Bitcoin Edu 1y ago 💬 2

First posted this here and on twttr over a year ago.. many tried but so far the sats are still there.

✈️ Possibly a good way to travel with your seed?

You need an unforgettable way to decipher it ofc ;)

👥 Ideally you would give a copy to a trusted person for redundancy (telling them the decryption cipher as well, or not.. or give half to one person and half to another?)

Pretty sure I’ll get shredded for suggesting this 😂 Open to comments..

🕵️ It’s worth a lot more now, perhaps someone will crack it!

While I don’t want to lose the sats, I would love to know if this method is solid.

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Discussion

Keysa - Simplest Bitcoin Edu 1y ago

Note: the dots are random, can ignore

𝚗𝚘𝚍𝚎𝚌𝚒𝚝𝚒𝚣𝚎𝚗 1y ago 💬 2

This is pretty interesting. I wonder how safe and effective it would be to only carry part of the seed and then give the last X words to someone you trust after memorizing them. Then get where you’re going and call them for the last words in case you forget them. Then burn the seed and move to a fresh one

Keysa - Simplest Bitcoin Edu 1y ago

That, or just add a passphrase you memorize and carry the seed plain text in two parts..

As always with every aspect of Bitcoin security it’s trade offs all the way down..

Personally I like redundancy, so def two distributed copies .. for example in your suggestion above, I’d give someone else (or at least bury somewhere) the part you carry (obviously not the same person you gave the last X words to :)

And yes, for sure burn the seed once funds are moved when you get where you’re going

Modus 1y ago

Passphrase is a really important tool in this type of scenario. A passphrase turns an existing seed phrase into a completely different wallet.