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110 sats \ 2 replies \ @021da48107 27 Jun 2023 \ on: Bitcoin Secure Multisig Setup (BSMS) Backup bitcoin
I think the BSMS is similar to an xpub (It even has xpubs in it), and therefore it's safe to put in a password manager. If you keep your BSMS/xpubs in your password manager and someone gets access to the decrypted contents of your password manager you are going to have a lot more trouble than someone knowing how much bitcoin is in your multisig wallet.
The problem with that approach is the inheritance. You need to give access to the BSMS to your family if something happen to you.
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Yes, make sure you family gets access to your password manager when you die. Most password managers have that option.
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