It doesn't matter if I have leaks. I don't own as much crypto as people think. I like to refer to myself as hobo for a reason. I am in BCH mainly because of ideological reasons. But this will be a long road ahead.
This. Australian border guards will steal your crypto on HW wallets/laptops etc. your only chance is a memory seed.
"Brown said her grandparents kept their savings in cash because they lived through the bank runs of the Great Depression, and her father adopted the habit"
Well that's a very bad habit, considering banks are FDIC insured. With so much at stake (health problems - gum disease, needing money to fix up the car) why take the risk of carrying $80k??? You could lose it, or get that stolen! That's like traveling with your BTC private key on a piece of paper in your wallet!
It may be a bad habit... I would never do it... But it is a right. Fdic insurance is great, but nobody knows how that will work if we have bank failure. How long will you have to wait for your money? What forms to fill out? What proofs of identity?
Just a sad situation.
Carrying it is risky, but what choice did she have? Her dad stashed the money for years and she was planning to bring it to the bank.
In hindsight she probably wishes she just caught a later flight and deposited it at a bank closer to where her dad lived...But she even went as far as googling if it was legal to fly domestically with that much cash and confirmed it was. Granted, she could have been robbed by bad guys, or her cab driver, or had anything else go wrong...but she took that risk which was small. The fact that the TSA stopped her after they scanned her luggage and the DEA seized it is bullshit.
Before we know it Trezors and Ledgers are going to be on the TSA xray screeners hit list too.
Yeah, but as long as you've got at least one paper backup somewhere and have used a 25th word/passphrase, I'd let 'em have it and clear out those accounts when I get to my destination. It's the difference between a life-changing event for the worse and an annoyance.
You can do it. You memorize things all the time without even trying, or knowing. The key is repetition, repetition,
There are also some "memory tricks". For example, make up a musical jingle. Or, "...3cca1MJ..." could stand for "3 cool cats and 1 Michael Jackson" -- even if it's "silly" it works.
Advertisers know this, and they play the same ads over, and over, and over on TV and the radio. Here's a chance to use it yourself, on yourself, for a good thing.
Even if you memorize your private key (or pass phrase), you should still have two hand-written (and triple-checked) copies stored in two different locations.
Repetition, repetition, repetition...
Where did I say that?
I know it's off topic a little from what you're talking about but I was just wondering. Like, hey what's your wallet address I'll send you some. Then the person just draws their qr code, scanned, and boom.
You'd be a fool to trust any serious amount of money to a memorized key though, if that's the only way the key is stored.
If you have a hidden backup hard copy somewhere you can retrieve sometime in the future if your memory fails...sure, then go ahead and memorize it if you think you can. But almost no one is gonna be able to memorize a seed phrase or a private key for a long period of time without ever referring to the source.
Where specifically did I say that you specifically said that? You posted about using repetition to memorize a key and recommended some mnemonics to help. I pointed out that relying on memory is stupid so that no one thought memorizing a key is actually reliable.