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Comment by techterrier

18 hours ago

it's another $5 wrench situation

Sure but now you need a $5 wrench to essentially force a guy to tell you where he buried the gold, rather than just walking to the bank and taking it. I don't see that as some kind of win for the guy with a wrench, especially when you realize the bank manager is way less likely to be a violent nutter sov-cit.

The solution is to store your money on a wallet where you do not have the private key. This way if you cannot access your funds nobody will be able to coerce you.

  • Their solution to that is "rot in jail for a long time, then".

    https://en.wikipedia.org/wiki/H._Beatty_Chadwick

    • Demonstrating that if you wait long enough (14 years in that case), you can get away without loosing the funds, even from the state?

      > On July 10, 2009, Chadwick was ordered released from prison by Delaware County Judge Joseph Cronin, who determined his continued incarceration had lost its coercive effect and would not result in him surrendering the money.

      5 replies →

  • In that case the obvious move from the 5$ wrench perspective is to hit you with it until you tell them where the private key is kept, because you would need to have it somewhere.