Unless you get BOTH keylogged AND fully compromised.. you're ok. Thats a tall order btw.
You realize, even if you lose the computer, as long as you have your pass phrase, you can recreate the wallet on anything.
So I put a wallet on my old laptop and put $30k into it. My hard drive fries, unrecoverable. I just take that printout with a bunch of weird words on it and that gets me my $30k back?
Yeah. True story: remembered where i had an old wallet because I toyed with Btc when it wasn't worth much.
I put a wallet on the eeepc I had back in the day. 8 years later, I find it in the attic and it actually booted up, but the wallet was out of date, so it would not work.. I found the key words paper i had stashed, created a new wallet on my pc and voila.
I had about $11k on that wallet ;)
I used to trade it on btc-e: then the feds took it down and I had ZERO recourse back to my money. Would have been worth a couple hundred thousand+ today..
FEDs suck.
So if I did my straw purchase, the blockchain would reflect that but not the paper trail to the feds? I.e if the exchange used was taken down I would still have the crypto and the straw purchaser would just show they spent/transferred the money per the blockchain?
I see now. Cause it is all stored on the blockchain.
Yes. As long as no one else gets it first
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