Part 3/13:
Plausible Deniability: Creating a setup that makes it appear you have no Bitcoin or only a small decoy amount. This makes it difficult for an intruder or authority to establish your actual holdings.
Inability to Comply: Structuring your security so that even if someone demands access, you genuinely lack the means — whether physical credentials or knowledge — to comply immediately.
Achieving both involves a layered approach combining privacy, secure storage, and clever obfuscation.
Practical Security Measures: Privacy First
Buying Bitcoin Privately
The foundational step is acquiring Bitcoin through private channels:
- In-Person Cash Trades: Meeting locally to exchange cash for Bitcoin eliminates KYC trails and preserves privacy.