Post
Topic
Board Wallet software
Topic OP
#Bitcoin and inheritance: how to solve the dilemma?
by
LiskPro.com
on 04/12/2024, 08:17:16 UTC
Hi,

I was wondering how to solve the inheritance problem regarding my BTCcorn' stash:

- How can I pass on my wallet to my children without compromising security?
- How can I do this without trusting a third party?
- How can I be sure that the solution in place will outlast me?
- How can I do this without spending too much money - because I prefer grain BTCcorn'.

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I would like to explore with you a few solutions, their pros and cons:

- Metal plate:
Pros:
-- Long lasting
-- Fireproof
-- Weather proof

Cons:
-- Written in plaintext
-- Cannot be easily duplicated
-- Costly


- Paper:
Pros:
-- Easy to setup
-- Free

Cons:
-- Risky because you can make multiple typing errors
-- Not long lasting
-- Weak support


- Encrypted USB stick:
Pros:
-- Easy to setup
-- Long lasting and robust

Cons:
-- Costly, especially if you want to make multiple backup
-- Will it still work in 20yrs?


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This video gives some tips but I can't find the best solution... https://www.youtube.com/watch?v=QvRZ0PjZuH0

I also came across this one about a smart card called Seedkeeper: https://www.youtube.com/watch?v=1-5Z9WN3r9o
What do you think of it?


Do you have any other solution in mind that we can discuss to update this thread?  Smiley