UK seized new powers starting today [including destroying Monero]

–Police will no longer be required to make an arrest before seizing crypto from a suspect.

–seize anything, such as written passwords, flash drives, or memory sticks

–destroy crypto assets, such as privacy coins, for the “public good”, like Monero

–goes into effect today

This has the text copy-pasted from the official UK website, but without having to have your IP address literally connect to the official cybercrime division website, (ironically, we seized their text)

https://rebelnet.me/news/0x02fcc902af8d6cedd9

    • VolunTerry@monero.town
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      6 months ago

      Fair enough perspective. What do you favor? Paper wallet? Something like cryptosteel? Hardware wallet? Memorization? Other airgapped digital device solutions? Shamir secret sharing? Something else?

      It’s always good for others to hear and gather approaches and try to choose amongst them for what may work best.

      • mister_monster@monero.town
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        6 months ago

        Just write it down. Paper, steel, whatever, just don’t store it digitally. If you’re storing something worth more than a hardware wallet, the seed with a good hardware wallet is a good idea. Memorize it if you can, but have it written down somewhere. If you can rip wireless networking out of a device, airgapped notebook or cell phone is fine. If you have a bunch of different people that will need access in the event you can’t give them access, and you’re concerned about one of them potentially stealing it from you, and they know how to do this kind of stuff, shamir backup is great.