What tools do you rely on to secure your Bitcoin for the long term? And when it comes to planning for inheritance, what’s the most overlooked aspect that people might miss? Whether it’s a technical solution, legal preparation, or something else, I’d love to hear how you approach long-term security and inheritance planning.
pull down to refresh
21 sats \ 0 replies \ @User21000000 19 Oct 2024
Cold storage for the planned receiving people and ensuring they have the knowledge of how and what it is
reply
14 sats \ 0 replies \ @DarthCoin 19 Oct 2024
A simple solution of cold wallet distributed in multiple wallets, with multiple good UTXOs, in multiple locations. never keep all the stash in only one place / wallet. Use also the 3 levels stash method.
I don't. Inheritance for me is begging, is not PoW. If they want my sats they must work hard to earn it from me, during my life. If they are not able to do that, then why they should deserve my sats? Each one should have his own stash and take care of it separately. You lose it? You get what you fucking deserve. I know it sounds harsh for many, but this is the truth.
Bitcoin is about being responsible for your own actions. Don't be a pussy. I don't give a shit what will happen after I die. I am dead anyways and I cannot change anything.
If you let them know that there's an inheritance of x amount of BTC they will do anything they can so you will die soon and take your sats. So why would I let that happen? Let them instead prove me with hard work that they can earn and deserve those sats.
reply
0 sats \ 0 replies \ @Msd0457890 19 Oct 2024
I recently started with Bitcoin, I'm saving in a wallet, is that okay?
reply