I have accumulated some Bitcoin and other alts. Most of my holdings are in a single wallet yet I have a few on different platforms and one left on an exchange. I have tried to explain this to my spouse yet there is not a full understanding. If I died I am confident that all of this would not be recovered.
This weeks project is to write an encrypted note detailing where are the holdings are and how to access them. Even with access, the knowledge is not there to be able to convert the holdings to fiat if necessary.
What is your situation ?
*Edit* I have added "today" to the subject line of the post because we are all going to die.
Many people responded stating that if they knew they were going to die soon or when they are 60 etc. they would.... You do not know when you are going to die! I had a serious accident not too long ago that almost killed me and I am not old, not even what I would call middle aged.
Many people also said they have hardware wallets, paper wallets ... Do you have backups outside of your home ?
My Solution
I have all of my seed phrases, 2fa restoration numbers and passwords saved in Google Drive. Google, although I hate them, will be around forever. I have saved this in the cloud because if my house were to burn down, everything would be lost. Now I am not confident in the security of Google Drive so it is in a folder that is encrypted with Cryptomator. This is an open source program that works with both Drive and Dropbox.I am also going to make a video showing how to restore the wallet using the seed phrase and also how to restore the 2fa to the google authenticate. Along with a detailed list on what coins I have and where they are located. This list I will update each time I purchase a new coin.