What to do before someone puts a gun to your head and asks for your Ledger

What to do before someone puts a gun to your head and asks for your Ledgerx.com
What to Do Before Someone Puts a Gun to Your Head and Asks for Your Ledger
by macbudkowski.eth5764 🥝 • 2y
AI summary of the linked article

This article describes a "double-decoy" method for protecting cryptocurrency on a Ledger hardware wallet in case of a robbery. The author suggests setting up a decoy wallet with about $10k and a second, hidden wallet with $1k using a passphrase and a second PIN, then storing a new 24-word seed phrase split across metal plates in separate locations. It also says to wipe the device once the seed phrase is secured.

Recommended by 2 curators
avatar
I always love to read about security. You can’t be paranoid enough :)
avatar
Same, though when I saw the first image in this essay I felt like this is where I draw my line 😂
avatar
or just don't carry a ledger with you? 😅
avatar
haha that would be a good start. but what if they break into your house? 🤔
avatar
in that case you probably can't do much anyway, whether it's a ledger or a software wallet.

if you can be anon, be anon :)

it's much harder if you need to publish your home address online because the country regulations require it, like Germany or Austria.


avatar
or just don't carry a ledger with you? 😅

avatar
(It’s a personalised Diamond-Encrusted Ledger Nano X)
avatar
@pugson.eth and the challenge is that many companies have your home address anyway - Uber, Amazon, all food delivery, and so on. So if someone identifies you as a target, they just need to bribe someone who works at such a company to get your home address. Thankfully there are probably much more valuable targets than us :)

lol @mishaderidder.eth, it gave me the last bull run vibes, they even had a Fendi bag with a special Ledger spot: https://www.lifestyleasia.com/bk/style/fashion/fendi-ledger-crypto-wallet-accessories/
Characters remaining: 10,000

comment guidelines
HomeNewSubmit