Re:Protecting your capital during a war
by lr4444lr on Monday February 08, 2021 @07:20AM
(#26063515)
Unless you're tortured.
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Re:Protecting your capital during a war
by jstanley on Monday February 08, 2021 @07:27AM
(#26063566)
And what's your defence against torture for literally any other class of asset?
Re:Protecting your capital during a war
by PeterisP on Wednesday February 10, 2021 @02:57PM
(#26093871)
Overseas real estate and other holdings was generally immune to that - in some cases you wouldn't even be able to hand it over to the occupying gov't if you wanted to (since the country with the wealth was hostile to that occupying gov't), in other cases property seized that way was returned through legal means, again through the judiciary of the country where the assets reside, as any contract or transfer under duress is illegitimate and the transfer is reversible.
Re:Protecting your capital during a war
by lr4444lr on Monday February 08, 2021 @08:08AM
(#26063909)
It being in the vault or at least on an audit trail of some other institution who can later vouch about who seized it, as court evidence.
I doubt that'd work during a war. The best you can hope for is that your country wins and you can collect reparations.
Re:Protecting your capital during a war
by Spooky23 on Monday February 08, 2021 @09:02AM
(#26064532)
Focus on getting your ass out of there and forget about your assets. Value of an asset to you is zero if you're dead.
Re:Protecting your capital during a war
by fogihujy on Monday February 08, 2021 @08:58AM
(#26064473)
That applies to any property and/or secrets hidden away, cryptocurrency or not. Smashing your kneecaps with a wrench until you start singing will work just as well no matter if you have stashed some gold away or if you've memorized a private key.
Re:Protecting your capital during a war
by Cthulhu_ on Monday February 08, 2021 @07:32AM
(#26063620)
They would have to know you have crypto assets first. Easy to hide that bit of information.
Re:Protecting your capital during a war
by eMGm4D0zgUAVXc7 on Monday February 08, 2021 @07:20AM
(#26063522)
You can memorize a second seed which holds a small amount for plausible deniability.