Securing Wealth in Poetry. What if you could embed your net worth… _ by Trithemius _ Coinmonks _ Medium
Securing Wealth in Poetry. What if you could embed your net worth… _ by Trithemius _ Coinmonks _ Medium
What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
Trithemius · Follow
Published in Coinmonks
11 min read · Feb 11, 2019
Listen Share
Revolution
Search
My grandfather, known to me as ‘ye-ye’, was born into a large well-to-do merchant
class family in the early 1930’s during a troubled time in China. A decade after the
dissolution of dynastic imperialism that lasted over 2000 years, China in the 1920’s
was fighting to find its identity among a massive cultural shift, warlordism, and civil
war in an increasingly global world.
the eldest of six siblings born to a mother of bound feet and a successful merchant
father who would disappear most afternoons to frequent opium dens, or as he
called them, ‘tea’ houses.
(At the time of my ye-ye’s childhood, a ‘tael’ of gold could purchase 40 bags of fine
flour at 40 lbs each — towards the peak of civil unrest, a passage on boat from the
mainland to Taiwan could cost up to 10 taels of gold.)
By the time my ye-ye turned eighteen, the Japanese were retreating and the
temporary truce between two clashing political ideals was falling apart. The Second
Japo-Sino war impoverished both sides — while the Kuomintang (KMT) increased
inflation to pay its debts from civil war funding, the Communist Party of China
(CPC) was being energized by the masses of peasants looking for a revolution.
Driving the rhetoric of the communist cause was the underlying distrust and
bitterness of wealth held by the upper classes for centuries and the promise from
the CPC to redistribute lands to the people once the war was over. Lands owned by
families like my ye-ye’s.
Whatever future he had envisioned for himself disappeared when it became too
dangerous to assume his own identity. It was decided that he and his siblings would
disband and assume new identities for their own safety. His father removed five
taels of gold from his hidden cabinet and his mother hid them in my ye-ye’s clothes
and shoes. They sent him off to Qingdao — a relatively neutral zone at the time. He
still remembers the feeling of the gold yuanbao wedged in between his toes and the
lump he felt on his underarm from being sewn into the lining of his shirt.
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 2/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
Produced by a decentralized network of smiths as opposed to a central mint, Yuanbao have been used since
the Qin dynasty [221 to 206 BC].
Once he arrived in Qingdao and situations seemed bleak, my ye-ye gave his five gold
yuanbao meant for his survival to his cousin and decided he was going to abandon
his home, his family, his country. He has since rebuilt his life twice, once as a
refugee in Taiwan and again as an immigrant in Canada. It would be 50 years until
he returned to his ancestral home — he never saw his mother again.
From China to Zimbabwe to present day Venezuela, this worst-case scenario isn’t an
exceptional story — economic and political refugees are still fleeing oppressive
regimes today often with heavy financial costs in exchange for freedom.
Fiat
A formal authorization or proposition, a decree.
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 3/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
Few economic refugees want to transport their net worth in the currency produced
by the very government from which they are trying to flee. Gold has emerged as a
safe store of value when fiat has failed for a number of reasons, including its
acceptability, durability, high stock to flow ratio, uncensorability, and its largely
decentralized production and processing. That said, like cash, gold exists in physical
matter and as a result is vulnerable to theft and confiscation.
Bitcoin
Bitcoin too thrives in low trust environments. Being native to a permissionless
digital network means bitcoin is completely intangible, weightless, invisible,
impossible to censor, and difficult to confiscate. Bitcoin may be the monetary
instrument supporting the highest level of individual financial agency.
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 4/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
Touchpoints
While bitcoin itself is intangible, in order for us to engage with the network we have
to interact with points of contact along the way.
Backup seed phrases are mnemonic devices used to backup and restore access to
wallets. BIP-39 seed phrases were implemented to create an english language
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 5/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
backup to be kept entirely offline. These are used by the majority of trusted wallet
providers to backup and restore access to accounts. Instead of needing addresses
together with private keys, only the seed phrases are required to access an account.
Seed Phrase:
witch collapse practice feed shame open despair creek road again ice
least
Seed phrases are often stored in a format that signals the storage of wealth. If found,
a numbered list of seed phrases can be recognized as a password to an undefined
amount of money. Whether to a government regime or to thieves along the journey
of migration, cryptocurrency touchpoints belie one of the major characteristics of
bitcoin: undetectability and inconfiscatabilty.
Carrying a list of seed phrases along your journey could be considered suspect
behavior and put any individual at risk. Even the average person who stores their
seed phrases in a single physical location could have their funds stolen if they are
found by someone familiar with the process of restoring from backup phrases.
How can we design for these fringe cases today to build individual freedom and
agency for those living under unstable dictatorships, persecution, or war? How can
we help people safely travel with and store their value in times where fiat is failing,
gold is in high demand and at risk of theft? How can we build systems for the
everyday person to be able to conceal their seed phrases in ways to avoid detection,
extortion, and confiscation?
Steganography
Cryptography means “secret writing” in Greek, the technique dating back nearly
four thousand years to ancient egypt. Defined as “the art of protecting information
by transforming it into an unreadable format called cipher text,” cryptography is a
critical element in the suite of technologies that make bitcoin possible.
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 6/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
George Washington used an 18th century form of invisible ink known as “sympathetic stain.” Courtesy of
Mount Vernon & History Channel
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 7/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
For thousands of years, wealth and information have been carried through different
mediums from song and poetry to books, diaries, stories, and art. What if we
embedded our seed phrases into stories to develop monetary safety and
sovereignty for people around the world?
Trithemian Seeds
The seminal book demonstrating the art of steganography is Johannes Trithemius’
book of magic: Steganographia. Banned for 300 years by the Catholic Church due to
it’s occultism, it’s deeper layers of meaning have only been discovered recently. It
turns out that beneath its surface, steganographia was a book not about dark magic,
but about the art of concealing the existence of secondary layers of information.
Storing seed phrases in a numbered list would put anyone at risk, especially
economic refugees, migrants, or travelers. Seeds can instead be embedded in
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 8/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
There are many ways to approach the development of Trithemian seeds, some
examples could include:
Story & phone number — In this method, a short story is written with true and
decoy seed phrases interspersed among a handwritten piece of text that would fit
well in a notebook. Two or three phone numbers are then written after the story is
constructed, correlating to the relevant seeds in the body of text. These should be
written on a different page to remove any connection between the text and the
numbers.
Example:
The faint lines across the lonely expanse make scale hard to
determine. As I walk towards the gate, I sling my camera over my
shoulder and prepare to enter the old palace. The door pushes open
easily and I walk into the courtyard - no adult in sight. I place my
camera on the table and get to work searching through the waste. As
I dust off an ancient board game, something shiny catches my eye. I
reach towards the cupboard and pick up a gold medal. Upon closer
inspection, I notice an inscription that seems to resemble a foreign
language. I pocket the trinket with the hope that this might make
for a good enough payment at the border. Any valuable will do.
-------------
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 9/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
Eric: +26-918–222–5457
Carl: +08–610–011–3116
-------------
(2,6,9,18,22,25,45,70,86,100,113,116.)
Letter & GPS location — This method eliminates the need for a number pair,
heightening strength at the cost of complexity. In this case, a geographic landmark
is chosen that relates to a plot built around the given seed phrases. The GPS
coordinates of this landmark dictate the placement of the seed phrases among the
body of text. To maintain relatively easy dispersal with slight variation, every digit
read increases by ten, so 21.493021 translates to: 2, 11, 24, 39,43, 50, 62, 71. This
removes the need for a number pair as the numbers are themselves embedded into
the location of the central landmark of a story.
Example:
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 10/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
It can be easy to overlook the point of bitcoin living in a country where people trust
their government. What happens to those who can’t? What has happened to those
who couldn’t? It is truly a privilege to be unaware of the importance of trust.
We are all connected by a few degrees from someone who has experienced or is
experiencing a similar story. We would love to hear and share some of those
experiences. Please feel free to reach out via DM if you would like to contribute to
an ongoing collection of these stories.
References
Indice de Libros Prohibidos (1877) [Index of Prohibited Books of Pope Pius IX (1877)].
Vatican. 1880. Retrieved 2 August 2009.
Also, Read
Copy Trading | Crypto Tax Software
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 11/20
27/01/2025, 12:10 Securing Wealth in Poetry. What if you could embed your net worth… | by Trithemius | Coinmonks | Medium
Follow
Published in Coinmonks
97K Followers · Last published 2 days ago
Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email
— [email protected]
Follow
Written by Trithemius
108 Followers · 42 Following
Designer, Miner
Responses (46)
https://medium.com/coinmonks/securing-bitcoin-seed-phrases-in-stories-d8eb43a02254 12/20