0 sats \ 1 reply \ @BTCExecutor OP 16 Mar 2023 \ parent \ on: Bitcoin inheritance: treat your heirs like aliens bitcoin
"you can perfectly describe exactly how to use it in full plain text"
This sounds like a version of the "perfectly" written inheritance letter or "simple" treasure map.
My experience, even with legacy assets, has been that no matter how clearly or simply the deceased thinks they've arranged things, during the stressful probate process, heirs will often fumble.
If anything, I urge us all to underestimate our heirs and executors. It may seem silly, but assume their IQ drops 50 points
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0 sats \ 0 replies \ @nerd2ninja 16 Mar 2023
Its not a treasure map. You give it to them and explain how to use it while you're alive maybe even let them try a test transaction. They can't spend from the timelocked wallet as long as you're alive to spend out of it.
ALSO, if you never teach your heir about Bitcoin, you especially shouldn't expect them to value Bitcoin at all. As soon as they get it, they're gonna go sell it on Coinbase lol.
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