anyone else super paranoid about cold storage security

[Anonymous No.53856428]

holy fuck I want to kill myself. I keep moving all my shit to a new wallet because I keep thinking I exposed my recovery phrase, first it was the window blinds weren't fully closed then it was my computer being nearby what if it was listening or using some program to read my ledger and what if someone who knows I have a ledger comes to my house should I just use a mobile wallet? I have to turn a fan on and the wifi off and everything and what if there's an agent looking through my a/c vent and what if the blanket I use is see-through with some novel tech holy fuck just kill me I can't stand this one of these times im gonna send shit to the wrong address and lose everything please help me biz my anxiety is out of control

[Anonymous No.53856440]

>>53856428
Are you being serious?

I can help you, but I think this is some ironic autistic rant.

[Anonymous No.53856443]

Damn, if only you could move your coins to an institution that has FDIC coverage up to $250,000 so that you could sleep easily and know that your money is safe.
I wonder what such an institution might look like.

[Anonymous No.53856446]

>>53856428
security is a priority but unless you have zillions there is no need to be this paranoid

[Anonymous No.53856450]

>>53856443
Coinbase?

[Anonymous No.53856457]

>>53856428
Kek good shit op.

[Anonymous No.53856458]

>>53856450
coinbase only insures dollars - not even usdc, it has to be just cash sitting there in your account. unless something changed which I doubt

[Anonymous No.53856466]

>>53856440
why would it be ironic? imagine everything you've worked for gone in an instant because of some silly mistake, you think this is a joke?

[Anonymous No.53856471]

>>53856443
yes so safe the government can dilute it 1/3 for the coof and bail in the banks, or dilute you for gibs and handouts and bailouts. so safe they can block payments and freeze your funds for months for no reason

[Anonymous No.53856479]

>>53856428
That's called schizophrenia. Not joking.

[Anonymous No.53856490]

>>53856466
It's better than being exploited by jewish banking cartels.

Do you want some advice on how to mitigate risk with a distributed multi-sig hardware scheme?

[Anonymous No.53856512]

>>53856428
make the steel washer one and find a hiding place for it.

[Anonymous No.53856525]

You want to see paranoid look at any pmg thread

[Anonymous No.53856533]

>>53856466
>everything you've worked for
well you're retarded if you put literally everything into crypto on a wallet you think is compromised. get a hardware wallet. use a strong passphrase. follow the instructions, zero chance the seed gets hacked.

[Anonymous No.53856583]

>>53856533
>on a wallet you think is compromised
well thats the problem i guess i think everything is compromised unless you generate a recovery phrase by rolling dice in antarctica and do all the key derivation and signatures with paper but that isn't practical you have to accept some level of risk just what level is that though it seems different for everyone.

[Anonymous No.53856601]

>>53856583
or we could live in the matrix and neo will just hack your wallet and unplug you. get some therapy for that anxiety and chill out.

[Anonymous No.53856637]

>>53856583
coldcard, opendime, have this feature where you drag and drop a couple random photo/files and the key is generated from that.

You could also use a few different hardware wallet manufacturers and create a multi-sig scheme from that to mitigate your fear of manufacturers playing with the key generation.

You also need to check the firmware on the hardware device to ensure it wasn't tampered with before it got to you.

[Anonymous No.53856649]

what are some clever tricks to hide private keys/sneedphrases written down physically? something easy to hide but durable

[Anonymous No.53856659]

>>53856649
Get a tamper proof bag so you know if 1 or more of the keys in your multi-sig scheme have been compromised

[Anonymous No.53856660]

Stupid fucking goyim...

[Anonymous No.53856686]

>>53856659
i dont have a 'multi sig scheme' lol. what exactly am i putting in the bag?

[Anonymous No.53856688]

>>53856649
have a decoy seedphrase that has a small but significant enough amount on it, maybe high four figures, that will deter anyone snooping through your shit because they think they found it

[Anonymous No.53856694]

>>53856649
just use a passphrase and memorize or store it separately. seed is useless without it.

[Anonymous No.53856718]

>>53856686
You keep the treasure chest on 1 single seed phrase?

That's idiotic lmao

Say you have a safety deposit box but you're not sure if CIA niggers are snooping through it.

You can utilize the bank's security while also holding them accountable by having a tamper proof bag, and then you distribute the remaining keys in a way you find yourself secure.

[Anonymous No.53856766]

I just memorize mine. It's pneumonic. You can combine 4 of the words into 1 "word" by remembering a thingy. Like if your sneed has something like pancake coffee desk window you can remember that section by saying oh right there's a pancake with coffee on my desk next to the window. That way you only have to remember 3 thingys. if it helps you can write the words down out of order too but that's less secure.

[Anonymous No.53856775]

>>53856694
>>53856766
You guys are going to forget that one day, or your wife's son won't be able access it when you die.

[Anonymous No.53856808]

>>53856775
then store it if you're worried about that. store the seed and passphrase in different locations. like seed in a physical location that it never put online, only used with a hardware wallet, and the passphrase can be stored digitally. then you'd have to get both physically robbed and hacked to lose the wallet.

[Anonymous No.53856826]

>>53856808
That's a good idea, but the distributed multi-sig requires a multi-million dollar mossad operation to crack.

[Anonymous No.53856846]

>>53856428
Split your holdings into several different wallets. Like 5-10 wallets that each have roughly equal sizes. This will allow you to sleep easier.

[Anonymous No.53856851]

>>53856808
Not to ear beat, but you can also play with the distribution of xpubs in a multisig scheme it's really the best way to go about obscuring/securing you shit.

[Anonymous No.53856879]

>>53856826
>>53856851
true but miltisig is overkill for most people. makes sense if you have millions though and don't need to use the wallet actively.

[Anonymous No.53856883]

>>53856428
There is a cult-like aspect to it all. You are paranoid (AKA "trust-less") and thus you situate yourself and your money in a circumstance in which hypervigilance is justified. Wake up.

[Anonymous No.53856898]

>>53856883
You're either free or a slave.

[Anonymous No.53856939]

>>53856898
>You're either free or a slave.
Cult member speak.

[Anonymous No.53856943]

>>53856939
Tell that to Kanye

[Anonymous No.53856957]

>>53856428
Been thinking of storing half my phrase in one bank vault and the other half in a diff one

[Anonymous No.53856969]

>>53856943
Are you putting yourself in the same category as an infamous lunatic?

[Anonymous No.53856984]

>>53856428
Im pretty sure Snowden gives a little insight to this, but don't watch the last Bourne movie if you're truly paranoid kek

[Anonymous No.53856987]

>>53856969
Just an example to show a billionaire is just another goy to the chosen people who run all the institutions

[Anonymous No.53856994]

>>53856969
https://trends.google.com/trends/explore?geo=US&q=jews%20control%20the%20banks

[Anonymous No.53857013]

>>53856883
You can take basic, well documented steps, to secure your wealth and be immune from currency devaluation. With takes about 15 minutes to read and understand.

Or you can fill out forms and wait multiple days to open a bank account + debit card, which is secured only by a completely unencrypted, 12 digit number, and where your money is constantly diluted to pay for endless government spending on gibs, wars, handouts, and corruption.

[Anonymous No.53857072]

>>53857013
>You can take basic, well documented steps, to secure your wealth and be immune from currency devaluation.
Indeed, it's called "investing".

>Or you can fill out forms and wait multiple days to open a bank account + debit card, which is secured only by a completely unencrypted, 12 digit number, and where your money is constantly diluted to pay for endless government spending on gibs, wars, handouts, and corruption.
Lol wut?

[Anonymous No.53857092]

>>53856987
>>53856994
Sorry, what are you trying to say?

[Anonymous No.53857101]

I'm more worried that the program of the Cold Wallet itself will be hacked or someone on the inside does something.

[Anonymous No.53857131]

>>53857072
We're talking about money, not investing. Anyone with your bank account can make payments from your bank account and its on you to monitor and report those transactions in time or you're liable. Everyone also has to pay like 3% transaction fees baked into the cost of goods to pay for fraud due to how ludicrously insecure trad banking is. If you think its hard spending 15 minutes learning how to protect your crypto you should talk to someone who has had their identity stolen and all the stages of hell they have to go through to get their money back. You're lucky if you only have a 4 figure bank account and never had to deal with bank bullshit.

[Anonymous No.53857197]

>>53857131
If losing everything in your bank accounts is a major problem in your life, you have clearly fucked up.

[Anonymous No.53857230]

>>53857197
You went from saying crypto is hard to secure, to admitting banks are impossible to secure but that doesn't matter because who cares if you lose it?

[Anonymous No.53857273]

>>53857230
>crypto is hard to secure
It is in the sense that a single typographical error can destroy your life.

>admitting banks are impossible to secure
You're not comprehending what I'm saying. Banks of course are guaranteed by the FDIC up to $250k, but that's irrelevant. Why would you hold more than that in cash (unless you are some kind of pimp or spendthrift)? Why not invest in productive enterprises?

[Anonymous No.53857315]

>>53857273
>It is in the sense that a single typographical error can destroy your life.
Not true anymore than wiring money to the wrong bank can "destroy your life," happens all the time for real estate translations in trad finance where scammers intercept wire instructions. With crypto and hardware wallets where you can verify the transaction address this is actually less likely to happen too.

>Banks of course are guaranteed by the FDIC up to $250k,
I didn't even mention bank failures. I was talking about fraudulent transactions, anyone with your number can make payments from your bank account and its on you to monitory and report it in time or you're liable. And anyone with your SSN, which has been leaked by credit agencies, can open up loans or make payments in your name which can result in your bank funds getting seized and frozen for months.

All that has zero to do with FDIC which is a placebo btw. FDIC's budget is a few bil and would only protect you from a small local bank failure, any large scale bailout would have to be funded by money printed and you'd just get diluted. Its meaningless.

[Anonymous No.53857322]

>>53856428
i'm not reading all that. just give them to the scammers already.

[Anonymous No.53857394]

>>53857315
>Not true anymore than wiring money to the wrong bank can "destroy your life,"
Not if the bank is legit. Say what you will about the current system, it is forgiving of mistakes.

>happens all the time for real estate translations in trad finance where scammers intercept wire instructions.
Huh? Link to an example of what you're referring to.

[Anonymous No.53857458]

>>53857394
>Not if the bank is legit. Say what you will about the current system, it is forgiving of mistakes.
lol, you know nothing. A wire transfer is fucking gone unless the recipient plays ball to return it. If its a scammer they move the money overseas instantly where it can't be returned. Bank fraud happens all the time with check fraud too. Scammers write checks from other peoples accounts in exchange for something, or its scam where they "overpay" for something and ask you to send some back, but their check bounces and your transfer doesn't. There is no way to get that money back unless the idiot scammer leaves the money in a domestic bank.

Same with crypto if you send to the wrong address the other person can send it back, if they're a scammer they won't though.

>link
Just google "real estate wire fraud,"

[Anonymous No.53857483]

OP's freaking out about probably $200 worth of bitcoin meanwhile there are millionaires storing their crypto in a browser extension or on their phone guarded by nothing more than their fingerprint and a 4 digit pin.

Some people just aren't cut out for wealth. Stop being retarded OP, you CEX shill faggot.

[Anonymous No.53857506]

>>53857458
>unless the recipient plays ball to return it. If its a scammer
Did you read even what I wrote? If you wired money to the account of a LEGIT BANK by mistake, the mistake can be undone. Never mentioned scammer accounts. The idea that wiring money to JPM is the same as wiring money to some Nigerian scammer is flagrantly absurd.

[Anonymous No.53857526]

>>53856471
>the government can dilute it 1/3 for the coof and bail in the banks

[Anonymous No.53857531]

>>53857506
Yeah just don't send it to the wrong account, lol, obviously. But you're original point is that a mistake cost you in crypto, well it costs you in trad banks too.

[Anonymous No.53857562]

>>53857531
>Yeah just don't send it to the wrong account, lol, obviously
At worst, the courts can reverse any mistransfers. There is currently no "breakage" -- or room for error -- in the crypto world.

[Anonymous No.53857594]

>>53857562
The courts can order reversal of crypto transactions too, if the recipient is in the US or friendly country. What is your point? If the money was sent to an overseas bank its gone, the courts can't do shit. Same if with crypto.

[Anonymous No.53857649]

>>53857594
>The courts can order reversal of crypto transactions too
They can, but they will never determine...
>...if the recipient is in the US or friendly country.
So it's a moot point.

[Anonymous No.53857678]

>>53857649
And same if you send money to a scammer through a trad bank... no way to get it back. Or accept a fraudulent check and give a scammer real goods/services, you can't get that back. In crypto transfers are final so you can even get scammed like that.

[Anonymous No.53859459]

>>53856428
You are going to lose all your money, but not because of security.

[Anonymous No.53859466]

easy come easy go