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Strategies for Safety

Traveling with Bitcoin can be nerve-wracking if not done correctly. Several strategies can enhance your security:

1. Avoid Traveling with Large Amounts: It is generally wise to avoid traveling with large amounts of Bitcoin on your person or devices. If you must, consider using a cold wallet.
2. Use Hardware Wallets: Hardware wallets like the Coldcard or Trezor are excellent for securing Bitcoin. They look inconspicuous and are less susceptible to hacking.
3. Consider Multi-Sig Wallets: Multi-signature wallets provide an additional layer of security. Only someone with multiple keys can access the funds. Services like Border Wallet from Sparrow or collaborative custody solutions can be helpful.

Border Wallets and Physical Security

Border wallets are a relatively new concept for securely handling Bitcoin while traveling. Essentially, they function like cryptographic safes, splitting access among different entities or locations. This ensures even if a single wallet is compromised, the Bitcoin remains secure. Additionally, hardware wallets can camouflage among everyday items, reducing risks at border checks.

Practical Tips

Clear any existing cryptocurrency from your phone or hardware wallet before traveling to avoid confiscation or scrutiny. Opt for a brain wallet—memorizing your private keys—though this should be a last resort due to human fallibility.