Post
Topic
Board Beginners & Help
Re: Emergency Access for Bitcoin Wallets – a Thought Experiment
by
Obim34
on 29/08/2025, 14:01:10 UTC
This can only be done through Centralized exchanges/wallets because using non-custodial wallet the one point one can access your bitcoin is through your seed phrase/private key without it nothing can be done since you said multi sig is not a consideration here.
This definitely shows your ideal doesn't preserve maximum security.
Or third party holding platforms, OP can't take out self custody and expect maximum security. In a simple shell, OP can give out his private keys to trusted individual, it can be hidden in a vault only to be accessed in any emergency case, in this way maximum security has been bridged because not only him have access to the vault which holds private keys to the wallet.