Bitcoin-family hides its keys on four continents

Didi Tykhutt, known as the head of the Bitcoin-Seven, completely changed the approach to storing assets. The reason was a wave of offline excessions against cryptocurrency owners, writes CNBC.

The Tykhutt family gained fame in 2017, when she sold all the property and invested money in Bitcoin.

Over the past eight months, they have abandoned hardware wallets. Now the family uses a hybrid system: sid-frazes are encrypted, divided into parts and hidden on four continents.

Part of the data is stored in an encrypted form on the blockchain, the other is engraved on metal plates in physical cache. Additionally, Tykhutta applied personal encryption, replacing some words in the phrase.

“Even if they put a gun to my head, I can’t give more than what is on my wallet in my phone. And there is little, ”said Taikhutta.

About 65% of the family’s assets are in cold storage facilities on four continents. Access to them will require at least one international flight. Taikhutt plans to use this capital only if the price of bitcoin reaches $ 1 million, which, according to its forecast, may occur by 2033.

For everyday spending and trading, the family uses hot wallets with multi -signature technology through the SAFE service. This requires confirmation from several participants for the transaction. Taikhutt noted that he prefers decentralized decisions to centralized storage facilities.

“What will happen if one of these companies went bankrupt? Will I have access to? You again transfer your capital to the wrong hands, ”he believes.

Threats affected the public life of the family. Taikhutt ceased to disclose the data on his location after the strangers began to send him reports about his address of residence. The family decided to move and completely abandon the filming of the house.

“My children also read the news. Especially the story of France where the daughter of CEO [криптобиржи Paymium Пьера Нуаза] Almost stolen on the street. Now they ask difficult questions: what if they try to kidnap us? What is our plan? ” – shared Taikhutta.

Due to fears for the safety of her daughters, the family decided to completely avoid trips to France and considers the opportunity to leave the public field.

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Source: Cryptocurrency

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