What's best wallet setup for defending against confiscation?

[soumitss]

Hi there! Concerned about government confiscation. Want Bitcoin hidden securely if authorities come asking. What's best wallet setup for defending against confiscation?

[soumitss]

Hi there! Asset protection from confiscation requires strategic setup. BlueWallet APK download has plausible deniability features for this scenario. Multi-layer strategy: main stack in cold storage - hardware wallet, hidden elsewhere, small amount in hot wallet - on phone, visible and "compliant", decoy wallet with believable amount - show if coerced, watch-only of main stack - monitor without exposing. Plausible deniability implementation: create decoy wallet in BlueWallet with small amount, different password opens decoy vs real wallet, under duress, unlock decoy showing minor holdings, they cannot know about hidden wallet, main holdings stay secret. Geographic diversification: Bitcoin in multiple wallet - cold storage secured separately, seed phrase split - partial in multiple secure locations, some holdings in multisig requiring multiple keys in different jurisdictions, creates legal and practical barriers to confiscation. Operational security: don't advertise Bitcoin holdings publicly, avoid social media posts about crypto wealth, minimal digital footprint connecting you to large holdings, use privacy best practices - own node, Tor, etc. Legal considerations: consult attorney in your jurisdiction, some protections against unreasonable search, seizure requires due process typically, multisig across jurisdictions complicates seizure, but compliance with legal orders sometimes mandatory. Technical protections: strong encryption on all devices, memorize seed phrase - nothing written to seize, use steganography - hide seed in innocuous document, remote backup access from elsewhere if needed. The wallet: supports plausible deniability natively, different passwords, different wallets, impossible to prove additional wallets exist, encrypted private keys. Download from Uptodown. Asset protection is complex - legal, technical, operational considerations. Bitcoin's value includes resistance to confiscation.