Post
Topic
Board Nigeria (Naija)
Merits 19 from 6 users
Re: What does privacy mean to you?
by
Btcdeybodi
on 09/02/2025, 11:33:22 UTC
⭐ Merited by CryptopreneurBrainboss (5) ,Igebotz (4) ,Futurexxx (3) ,Cossyblack (3) ,Jerrycrypto2024 (2) ,1miau (2)
Are people really aware of unforeseen circumstances? What if something happens to you? Who will be able to handle your assets when you're no longer there? and the question usually ends up with people speaking of inheritance and not the exact thing I wanted to hear.

For me i don't completely keep everything about my finances as a secret due to unforeseen events that can happen to one in the future. I know that bitcoin was born out of anonymity that is why it is a decentralized currency that involves only the sender and the receiver without any interference from any external body and of which we are supposed to give privacy to it but it's high time we realized that it is not supposed to be made completely private as we do not own our lives.

You see, one thing i will like people to practice is the idea of creating many wallets and make the private security information of one of them open to one member of your family you trust so much so that in case of any challenges you might face in the future, that person can be able able to access it an remedy the situation. Then, all the security information can be given to your next of kin when you are old enough and may not really have time for your assets again.

We should not make a mistake of keeping all our security information that leads to finances as a secret to everyone around us because if anything happens to you, all your assets will be lost forever and those who knew that you have an asset in bitcoins and did not reveal the security information will even curse you that you are a very wicked person for not allowing anyone to have access to your assets be it in Fiats or in bitcoins.

Another thing i will also add is that we should not put all our money in bitcoin, as you are buying bitcoins also have enough money in Fiats that you will store in your bank accounts so that in case of future unforeseen events, your family or your next of kin can easily inherit them when they go to the bank. We met money on earth and we will also leave money when we leave the earth but it will be so bad to know that someone owned high valuable assets and known of his family member or his children can access it, it will be too bad. Some people built secret houses without knowledge of a family member and when they are gone, they lose those houses to other people who are not related to them while their immediate family suffers, it's really a bad life i must say.