llyr on Nostr: Stollen from twitter. A good one. ---- Bruce Fenton Self Custody Test. Posted as a ...
Stollen from twitter. A good one.
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Bruce Fenton Self Custody Test. Posted as a PSA in light of the fires. @brucefenton
1. Here’s a test for your self custody: Tell your next of kin to retrieve your coins as if you had died. They are only allowed to use the info they have now. No new note or instructions allowed- if you died today they wouldn’t have those instructions either. See how the test works.
2: Put your phone down and pretend that it, your PC and every single thing in your home / office is destroyed. Now retrieve your coins. Remember - no use of your phone or anything from your home - no paper, notes, nothing.
3. Stop what you are doing & assume 2 or more armed attackers are now at your main premises. Assume they have disabled means for help & assume they will find a safe if you have one. If they threaten violence against you how exactly do you deal with this? What can they get?
4. Assume that over a period of 3 weeks you suffer from illness, amnesia, dementia or extreme trauma which causes you to forget everything about your current setup. How do you or your loved ones / living assistants rebuild and understand your storage system?
5. You speak “misinformation”, are a political enemy or are accused of a crime. The government gets a search warrant for your office, home, bank & safe deposit box. Assume they will find any 12 or 24 word pass phrase or private key on the premises. Can an agent sweep it?
6. There is extreme political turmoil in your country and you have 24 hours to pack your bags & move to another country. Assume banks/ safe deposit locations are closed. You won’t be able to return to your country. Can you bring your coins and access them in a new country?
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Bruce Fenton Self Custody Test. Posted as a PSA in light of the fires. @brucefenton
1. Here’s a test for your self custody: Tell your next of kin to retrieve your coins as if you had died. They are only allowed to use the info they have now. No new note or instructions allowed- if you died today they wouldn’t have those instructions either. See how the test works.
2: Put your phone down and pretend that it, your PC and every single thing in your home / office is destroyed. Now retrieve your coins. Remember - no use of your phone or anything from your home - no paper, notes, nothing.
3. Stop what you are doing & assume 2 or more armed attackers are now at your main premises. Assume they have disabled means for help & assume they will find a safe if you have one. If they threaten violence against you how exactly do you deal with this? What can they get?
4. Assume that over a period of 3 weeks you suffer from illness, amnesia, dementia or extreme trauma which causes you to forget everything about your current setup. How do you or your loved ones / living assistants rebuild and understand your storage system?
5. You speak “misinformation”, are a political enemy or are accused of a crime. The government gets a search warrant for your office, home, bank & safe deposit box. Assume they will find any 12 or 24 word pass phrase or private key on the premises. Can an agent sweep it?
6. There is extreme political turmoil in your country and you have 24 hours to pack your bags & move to another country. Assume banks/ safe deposit locations are closed. You won’t be able to return to your country. Can you bring your coins and access them in a new country?