He doesn't store his crypto on a laptop with the wireless card physically removed

>He hasn't socially isolated himself from all human beings to avoid the possibility that a female might woo him, trick him into marrying her, then take half of his crypto gains when she divorces him
>He hasn't moved to an isolated island nation to avoid the skin crawling feeling that being within 1,000 miles of a central bank's physical branch gives him
>He didn't construct his computer from NAND gates by hand
He's never gonna make it

>you already lost
(((encrypted with 256 character random ASCII password)))

What do you mean ledger + cold storage. Isn't using a ledger cold storage?

Robbing weak NEET's for their BTC is a great idea.

>Find rich Bitcoin NEET
>Pretend to be qt waifu
>Get address
>Come over with thug friends
>Take all your BTC
>Get arrested, cops can't take back BTC
>Come out of jail to BTC $1 million each

What's wrong with this plan Veeky Forums, seriously considering it.

this doesn't seem like the payment system of the future?

what if I die, how do my wife and kids get my money? I can't just give my wallet info to some lawyer

>he hasn't been practicing zen meditation for years attaining complete mental silence at all times
>he doesn't have his ajna chakra fully open enabling him to detect any attempts at psychic intrusion by LHP adepts

Smart contracts that can check for instances of your death on the internet and release keys to your family members.

Been doing thr crypto meme since 2013 and never took it off exchanges

>he gets it

Hey user, here is how you do it:

>Put the BTC you want to be inherited into one wallet
>Generate a random binary string S the length of your wallet seed
>XOR cipher the wallet seed with S, let's call the result X
>Give your estate lawyer S
>Give your wife and kids X

X = WALLET_SEED xor S

Now when you die, the lawyer gives your family X, and since they already have S they can simply calculate this:

WALLET_SEED = X xor S

And give instructions to the family on how to use this.
This is, nobody knows the entire wallet seed until after you die unless the lawyer conspires with your wife to take your crypto earlier than planned, in which case you have bigger problems

What is this smart contract? Relying on internet news seems rather foolhardy don't you think? Being a mega millionaire can make you targets for organizations, even countries. They could bump up fake news of your death and cause your keys to be released.

This is impractical right now but will hopefully be possible in the future with trusted death registrars. My XOR solution is the only good one that exists right now

it's idiotproof, my mom could do it

>He didn't learn Kaixana from the world's last living speaker then develop an entirely new linux distribution built in the language
>He hasn't learned to think in base 47 so that all significant dates and numbers seem meaningless to outsiders
>He hasn't carefully crafted an external persona of being technologically illiterate and poor, spending all day panhandling on the street

Seriously never going to make it.

>This is impractical right now but will hopefully be possible in the future
just like we all will be sending encrypted emails with PGP, right?

Just giving an example. People would obviously integrate some kind of safeguards to prevent fraud.

But if my wife divorces me, wouldn't the estate lawyer then be obligated to provide the S, especially since my wife would know he has it?

There's also situations where both mother and father go out together, e.g. a car crash, with surviving children. You wouldn't be able to leave anything to your kids. What makes crypto secure against your money being forcibly taken from you also seems to make it unable to adapt to common sense situations like being able to pass the money on easily.

>He hasn't completely eschewed all social contact with ex family and friends, pretending to be a schizophrenic, to avoid them trying to steal his crypto
>He hasn't faked his death to make sure nobody even bothers to try to come after him for his crypto
He's never going to make it

I'd just like to interject for a moment. What you're referring to as ASCII, is in fact, US-ASCII or as I've taken to call it US plus ASCII. ASCII is not an encoding system unto itself, but rather another free component of the predominant typographical symbols used in the United States, comprising a full character encoding standard as defined by IANA.

>open the machine
>remove the card
It's not illegal, wrong, or discouraged. They literally slide out.

The xor ciphered seed can be given to the children as well and their godparents. Not just your wife

And presumably the legal agreement with your lawyer would not include giving her your crypto if she divorces you

>Go to NEETs house
>Realise he's a Veeky Forumsraeli
>'OH NO NO NO NO'
>Check his MEW
>100K CFD, 80K DGB, 30K SIA, 0.2 ETH, 3 cryptokitties

>Lawyer looses X

That is. Nothing happens. Family doesn't give a fuck about magical internet money. Lawyer continues on with his life.

He means putting it in the freezer dumbass.

Nah that requires trust of the lawyer. Better to program some dead man's switch that requires you to enter some code at regular intervals or else it emails S to your family.

>He doesn't realise hiding in plain sight is the only way to avoid the letter agencies
>He doesn't realise acting like a schizophrenic recluse who faked his own death will have the gov't on him like white on rice.

It wouldn't be held by the lawyer himself, but rather by the reputable estate management firm for which he works. It's not like they're complete scammers, they do this stuff all of the time. And money is money, explain it to your family.

Jail and comas are a thing.

Fuck the kids. I'm taking my BTC with me to the grave. I'm just following Satoshis example.

why have kids and a wife if you don't care what happens to them after you're gone? You might as well pay for hookers and volunteer for kids organizations

>he’s never going to make it

10/10 copypasta

Underrated

Criminally underrated