My keys and coins die with me. Sorry. That’s the rules. I don’t believe in generational wealth, nor do I plan on having any heirs.
What about donating to charity when you die?
Is your crypto safe if something happens to you?
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Re: Is your crypto safe if something happens to you?
#12Engrave your secret key on a sheet of metal, then store that in a bank deposit box. Add a note for your heirs. Include the contents of the box in the will.
Government bureaucrats are known to violate privacy and confiscating or arresting the contents of safety deposit boxes for political and other illegitimate reasons. Creditors, past spouses, tax authorities, frivolous lawsuits, courts, political opponents - when powerful enough can tap into your safety deposit box. Imagine the jackpot they’ll hit finding the magic words. Yet people keep suggesting safety deposit boxes…
Can you suggest better alternatives? I can't seem to think of any that will pass the metrics you laid down.
Re: Is your crypto safe if something happens to you?
#13There's a sheet of paper in my room with some random stuff written on it. If anyone smart enough gets it after my death will be able to buy some nice stuff.
Re: Is your crypto safe if something happens to you?
#14Earlier quoted context omitted.
Government bureaucrats are known to violate privacy and confiscating or arresting the contents of safety deposit boxes for political and other illegitimate reasons. Creditors, past spouses, tax authorities, frivolous lawsuits, courts, political opponents - when powerful enough can tap into your safety deposit box. Imagine the jackpot they’ll hit finding the magic words. Yet people keep suggesting safety deposit boxes…
Can you suggest better alternatives? I can't seem to think of any that will pass the metrics you laid down.
Attorney.
Re: Is your crypto safe if something happens to you?
#15Re: Is your crypto safe if something happens to you?
#16Earlier quoted context omitted.
Government bureaucrats are known to violate privacy and confiscating or arresting the contents of safety deposit boxes for political and other illegitimate reasons. Creditors, past spouses, tax authorities, frivolous lawsuits, courts, political opponents - when powerful enough can tap into your safety deposit box. Imagine the jackpot they’ll hit finding the magic words. Yet people keep suggesting safety deposit boxes…
Can you suggest better alternatives? I can't seem to think of any that will pass the metrics you laid down.
- Split words in 3 groups
- at least two groups are needed to assemble full phrase
- spread each 1/3 in different entities - ex: lawyer, safe, relative
- write a will authorizing kids access all 3 places
Re: Is your crypto safe if something happens to you?
#17Earlier quoted context omitted.
Can you suggest better alternatives? I can't seem to think of any that will pass the metrics you laid down.
- Split words in 3 groups - at least two groups are needed to assemble full phrase - spread each 1/3 in different entities - ex: lawyer, safe, relative - write a will authorizing kids access all 3 places
Thanks for responding. I understand it's all about threat modelling but would this necessarily be too much of an issue for a government to gain access to? The will would still describe how to bring all the information together.
Re: Is your crypto safe if something happens to you?
#18There's a sheet of paper in my room with some random stuff written on it. If anyone smart enough gets it after my death will be able to buy some nice stuff.
This reminds me of Ron Swanson's will. LOL
Re: Is your crypto safe if something happens to you?
#19My keys and coins die with me. Sorry. That’s the rules. I don’t believe in generational wealth, nor do I plan on having any heirs.
At least donate them to a charity...