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?

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memorize the seed

That’s highly risky though. Get conked on the noggin in the right way and it’s gone.

sure, that is a possibility. but there's no reason you can't transfer it to steel after arriving at your destination. anything you bring physically could theoretically get seized, therefore not having anything physical is ideal.

it's all tradeoffs; everyone has to find their own balance

Yeah for sure. I’m just wondering what the absolute most de-risked method for doing this would be, even if it comes at the cost of all convenience.

https://youtube.com/@402paymentrequired

this channel may point you in the right direction.

Oh this is great. Cheers

cheers fren πŸ«‚πŸ€™πŸΌ

Memorizing a 12 word seed is very doable for a trip imo.

Never in a million years would i trust that over time tho.

I have quarterly reminders in my calendar to review my cold storage protocols to ensure me and my benefactors know how to use this stuff and that i don’t forget my pin etc.

πŸ§‘πŸ‘ŠπŸ»πŸ»

give one person half of the words and another person the other half

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 ;)

πŸ‘₯ 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 πŸ˜‚ Open to comments..

πŸ•΅οΈ 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.

Note: the dots are random, can ignore

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

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

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

Remember the gold watch scene in Pulp Fiction?

Ahhh the ol prison wallet strategy. This is obviously the only good answer to my question 🀣

GREAT QUESTION & THREAD.

I'd create a new wallet using bip38 encryption, record it in a disposable email account, get to where I'm going, log in to disposable email account, take key, decrypt and move to a fresh wallet