The thought exercises are fascinating. Say he has a completely trustworthy frien... | Hacker News

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colkassad on Oct 7, 2013 | parent | context | favorite | on: FBI struggles to seize 600,000 Bitcoins from alleg...

The thought exercises are fascinating. Say he has a completely trustworthy friend somewhere that the FBI is unaware of. Could he have that person spend a little, back up that copy again, and effectively keep that FBI from ever getting that money?

Also, surely a backup exists. What is an effective way to backup the wallet so that it can survive decades of prison time? Particularly if a trustworthy friend does not exist?

VMG on Oct 7, 2013 [–]

> Also, surely a backup exists. What is an effective way to backup the wallet so that it can survive decades of prison time?

A piece of paper: http://bitcoinpaperwallet.com/

You should only print it from a secure system though.

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