Global Feed Post Login
Replying to Avatar BTCapsule 🏴

Method to protect your Bitcoin from a $5 wrench attack:

Run BTCapsule and create two wallets. One is timelocked to a future date you choose, and the other can be redeemed immediately

If a thief threatens violence, you can give them the timelocked wallet, and explain that you cannot access your Bitcoin. You can show them that the Bitcoin is on the P2SH address with a blockchain explorer. Explain that when the timelock expires, they will have your Bitcoin

When you feel safe, redeem your other wallet and put your Bitcoin wherever you want to

The thief won’t know anything until they try to redeem the script and it fails

https://btcapsule.com

Avatar
tony πŸ€™πŸΌβš‘οΈ 2y ago

also, buy yourself a $5 wrench and learn how to use it

or better yet, a gun

Reply to this note

Please Login to reply.

Discussion

Avatar
GHOST 2y ago

A $5 gun?

Avatar
tony πŸ€™πŸΌβš‘οΈ 2y ago

πŸ˜‚ Ok maybe $500

Avatar
GHOST 2y ago

A $500 wrench? 🀣

Avatar
tony πŸ€™πŸΌβš‘οΈ 2y ago

Avatar
BTCapsule 🏴 2y ago

πŸ˜‚

Thread collapsed
Avatar
GHOST 2y ago

Thread collapsed
Thread collapsed
Thread collapsed
Thread collapsed
Thread collapsed
Avatar
BTCapsule 🏴 2y ago

+πŸ€™ for a gun. Or maybe two or three guns.

Thread collapsed