Post
Topic
Board Bitcoin Discussion
Re: Make sure you have a contingency plan for your assets
by
MeGold666
on 09/09/2024, 22:39:36 UTC
I know how hard it is trust to someone when it relates to money, but you should at least have a special someone you can highly trust with your crypto assets when the otherwise happens.

I don't think, it's the best idea to have your crypto assets lost forever than your family member or close friend to have them. We are not praying for something bad to happen, but we should at least get ourselves prepared for the worst before it takes us by surprise that we don't have anything in store for families to take off.

However, since you are having difficulties trusting anyone, why don't you try to find someone close to giving them your seed phrase; you will purposely remove the last word of your seed phrase only to give it to someone else. Like, Your mom will have the first to eleven words of your seed phrase, and a friend will have the 12th word. It will be revealed when the unexpected happens to you. That way you have saved yourself from the abuse of trust or being screwed up in the future.

No.