Over the years many top investors in bitcoin and other crypto assets has lost their lifetime fortunes because they failed to disclose most of their investments and other crypto assets to their loved once due to reasons best known to them, however every investors is mandated to have a next of kin that knew of their Bitcoin investment and it secret phase so that in case of any eventuality, no body is praying for bad things but if something we never prayed for happens, who can access our asset (funds) ?
It Is a crucial question we should be asking our self.
No be lie say, plenty people don lose their life’s work and investment to being too private and secure due to the way Bitcoin is. When it comes to Bitcoin and security, you are better off not disclosing your private key or seed phrase to anyone. Not because they might be the ones to steal from you, they might be careless about it and you would be the victim.
There is always a way around these though and that has always been, the multisig. When you get multisig in place you got give 2 of your keys to trusted parties and have another one for yourself or in your will. Anyhow you wan do am. In any unforeseen circumstances, your life’s investment no go just puff like that.
One
thething about this whole thing is that you can't be too sure of anyone this days because people are so desperate, wicked and unpredictable, if not, what is there ? After your investment you call your close relative either your brother, sister etc that see oh this is how everything is I invested in to Bitcoin for certain years this is how everything is I want to makes you my next of kin but base on how our current generation is now that person you are trying to entrust your assets to will be the one to kill you.
But regardless, it is still very important will entrust someone will can count on incase if emergency.