Quote from: apogio on April 20, 2025, 07:39:08 AM

Quote from: tread93 on April 20, 2025, 02:23:34 AM

It definitely is cool but also quite risky right because of reasons mentioned. The only thing i don't like about multi sig is if some kind of freak accident happens and now you have completely lost access to the coins. I guess it's all risky. The only thing I don't see as being super risky from a legal standpoint and from an inheritance standpoint is partaking in the Bitcoin ETFs. I know this is a controversial topic but honestly just for that ease of mind it is tempting for long term purposes. Maybe just setting up separate funds or a joint fund to be split and passed down that way I feel would be the simplest way to ensure the bitcoin exposure hits them, but then again it's never actually real bitcoin right and you don't gave the keys to the coins. Decisions decisions

The ETFs are nothing more than the traditional inheritance of investments. There are intermediaries, so it's super easy to tell the owning company who will be your legal inheritors and, suddenly, if something happens they own what you owned.

But, they don't really own the bitcoin. They only own some contracts that guarantee them that they own your holdings in case something unexpected (or expected) happens.

So, it's like having bitcoin but not having bitcoin. In my opinion, anyone who doesn't do self-custody only tries to benefit from price increases and not from actually holding the coins.

Yes it surely has its pros and cons. It does solve the overarching issue of this thread but presents a just as bad of a problem losing all the freedom & self custody of the coins which you can't control or move the same way and it's more like a stock. If they made ETFs the same as they are now but added an option to convert them to bitcoin this would be ideal, and honestly I could see this happening in like 10 years or something if there is enough demand and a great enough call for it.... it would change the entire structure tho might end up creating a new type lf fund. Bitcoin Exchange Trade and Freedom Fund ETFF 😛