Quote from: philipma1957 on August 14, 2020, 11:55:19 PM

Quote from: P_Shep on August 14, 2020, 11:19:50 PM

Quote from: WastedLTC on August 14, 2020, 10:59:46 PM

Quote from: philipma1957 on August 14, 2020, 10:42:03 PM

a 24 word seed. on two bolts.

Splitting it only doubles your chance of losing it all by losing just one of them.

Indeed, people seem to no be quite getting it.

actually I get it just fine.

If I went this route I would have the two bolts sorted in two different bank safety deposit boxes.

The bolts are more of a back up for physical destruction safety of the wallet.

For me at my age hodl for more then 10 years may happen but I would be 73 in ten years. With no kids so I would most likely want to spend the money so having it stashed in 1 safety box is not what I want. If I have the two bolts spilt in two boxes it will take me more time to get to it.

So it forces me to hodl I would like to hodl till I am 73.

Hopefully, you are starting to spend before 73 and even before 10 years from now.

You seem to have been in BTC for at least for a couple exponential growth cycles, and sure maybe you screwed up a few times, but there is also ideas that you would rather spend your money before you die rather than having a bunch of money that you cannot spend or enjoy.

Have you ever thought about starting a 1% per quarter liquidation schedule, which should largely, allow your stash to hold its value, and if you are not ready to start a 1% per quarter liquidation now, then 10 years seem so long from now.. I would suggest starting something less than 10 years from now, but of course you are the best person to really know where you are at in terms of your BTC and your lifestyle and your other investment cashflow potentialities.

And, then once you start withdrawing.. are you just going to withdraw a lump sum or can't you just engage in incremental withdraws ... and gosh? Spending over 10 years? You expect to live to what? 83 years? you have way more energy as a 63 year old than you are going to have in your post 73 years, no? if you make it that long without any major issues, that is.