Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION
Coincidentally, I am also using this method. While I know this isn't the safest solution for many people, it's the safest for me and I haven't had any problems in years. I also record information such as seed phrase, password, private key...in the notebook. But that is really dangerous because the paper is quite fragile and easily destroyed, I then bought 3 USBs for backup to ensure the safety of my information. Of course, teaching my loved ones how to use them is indispensable. But I want to add a little more about how to store our phrase. We should take the time to check USB periodically because we all know electronic devices have a lifespan and can fail at any time. Periodic inspection and timely replacement are very important.
By the way, I also just tested them and they are ok
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That's one option that can be done but like you said not everyone can accept that as a safe way including me because I still feel that storing in a USB sometimes we have to prepare for the worst where it could be corrupted which makes the data lost so even though it can be done but there must be a backup of the seed that we created.By the way, I also just tested them and they are ok
.I personally still like the old-fashioned way where I still write in my notebook and store it in a place that only I can access it (At least for now) but I have told my closest family about my bitcoin storage just for access I still hold back on it and it's enough just for myself for now.
Truth be told USB is not reliable in saving data because it could be corrupted anytime, to me USB is only good for a back up plan, were as you have actually save the data on other source then using the usb as other alternative way if should incase you loss the other one but cannot be fully reliable.
In times of writing it down on the notebook is very good because in note book you don't worry about corrupted data, sometimes is also good saving a screenshot of your Bitcoin phrase and sending a copy to your wife as a back up plan.