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Is your crypto safe if something happens to you?

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21–27 of 27 posts

Re: Is your crypto safe if something happens to you?

#21

Earlier quoted context omitted.

At least donate them to a charity...

No, I don’t respect any charity enough to deserve the keys. Sorry.

Sorry this is off topic, but you seriously don't respect a single charity?

There are a ton of amazing charities doing incredibly underfunded work. Even small amounts of money can make a big difference.

I'm an academic researcher that studies nonprofits. I could recommend a few if you like?

Re: Is your crypto safe if something happens to you?

#22
post #21

Earlier quoted context omitted.

No, I don’t respect any charity enough to deserve the keys. Sorry.

Sorry this is off topic, but you seriously don't respect a single charity? There are a ton of amazing charities doing incredibly underfunded work. Even small amounts of money can make a big difference. I'm an academic researcher that studies nonprofits. I could recommend a few if you like?

I said I don’t respect any charity to give them my keys, not that I don’t respect any charity full stop. No thank you to your offer.

Re: Is your crypto safe if something happens to you?

#23
post #14

Earlier quoted context omitted.

Attorney.

Can't be coerced into handing over information you leave them if it is involved in ongoing proceedings?

No, not in the USA under normal circumstances.

This is known as attorney-client privilege. They are required to maintain it even when you stop paying.

Re: Is your crypto safe if something happens to you?

#24
post #23

Earlier quoted context omitted.

Can't be coerced into handing over information you leave them if it is involved in ongoing proceedings?

No, not in the USA under normal circumstances. This is known as attorney-client privilege. They are required to maintain it even when you stop paying.

Thanks, I didn't realize this could be considered privileged. Seems pretty airtight then

Re: Is your crypto safe if something happens to you?

#25
post #16

Earlier quoted context omitted.

- 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.

The government doesn't necessarily need to know the location of each piece.

Of course bank safety deposit box is an easy target, but it's easy to spread more pieces among lawyers, family, even friends, even without them knowing what it is.

Re: Is your crypto safe if something happens to you?

#26
post #23

Earlier quoted context omitted.

Can't be coerced into handing over information you leave them if it is involved in ongoing proceedings?

No, not in the USA under normal circumstances. This is known as attorney-client privilege. They are required to maintain it even when you stop paying.

Right. Unless they decided to arrest or attack attorney for some fake cause that enables them to dig deeper.

Re: Is your crypto safe if something happens to you?

#27
Multi-sig. It can get complicated. But yeah there's actually pretty intense ways that are more secure than anything else available.

Where I think there is a problem is the non-reversible nature of transactions lend themselves to hostage-taking or adduction schemes by cartels and criminals etc... that's where I think crypto is very weak.

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