One of the greatest strengths of Bitcoin is that it allows individuals to take full custody of their wealth, no intermediaries, no gatekeepers, and no need for permission. But with that freedom comes absolute responsibility.

If you lose access to your private keys or recovery phrase, there is no support line to call, no way to reverse the loss. Your assets become permanently inaccessible, no matter how much they’re worth or how long you’ve held them. It’s a harsh reality. Many people in this space still underestimate   until it’s too late.

As adoption grows, it’s crucial that we begin to talk more seriously about secure key management, inheritance planning, and realistic recovery strategies. Writing your seed phrase on a piece of paper and hiding it under your bed may not be enough. Trusting a single individual might also be risky. And for those with significant holdings, not having a plan in place could mean their family loses everything if something unexpected happens.

So I’d like to ask the community how you have personally prepared for the possibility of loss? Do you have an inheritance plan? Have you implemented multisig or other secure fallback systems?

These are uncomfortable conversations, but they’re necessary  because Bitcoin won’t forgive a mistake, even if life does.