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 write 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.
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.
Buddy this is one of the worst idea in my own perspective and i wouldnt advise anyone to do so or even bring it up such a suggestion. What you had to misplace the drive or perhaps it got damaged by fall or accident. How would you pass it on to your heirs?Please re-read what I write, I still store all the original phrases, private keys, and passwords in my notebook. I also understand the risks of electronic devices, I do not trust them completely.