Basic wallet security fixes a lot of this, and none of it protects you from being tortured until you give up your funds anyway. But it's not like our fiat system is stopping people from stealing money. There's always going to be a way to steal money.
For your "spending" wallet, which will have just enough to cover expenses for a month or two, using a hardware wallet w/ passphrase is fine, especially if you store the passphrase and backup in separate locations.
For long term life savings, using multisig w/ multiple locations or collaborative custody multisig is the answer. It's essentially thief resistant. Unchained is expensive to use, but they have a lot of free materials on how to do this well by yourself.
well, for example the difference is that a bank transfer can be blocked, this can be a bad but sometimes a good thing. Instead a btc transfer is always irreversible.
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A cash transfer can’t be blocked
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yes, it can, against your will. For example in the case of a kidnapping of a relative of yours, in many countries you cannot make a bank transfer.
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I’m talking physical cash
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sorry! Now I have understood what you meant!
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No worries! Fiat is so digital it’s easy to assume that’s what cash means most of the time lol
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