reply on: Casa announces new inheritance product for all investors, available globally \ stacker news ~bitcoin

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11 sats \ 3 replies \ @k00b 27 Mar freebie \ parent \ on: Casa announces new inheritance product for all investors, available globally bitcoin

You've given the key to the heir. Casa doesn't have access to it. Your heir receives it through scanning a QR code from your phone.

All of this needs to be viewed in context of the alternative. If you're in a comma, have a single sig wallet, and your heir has access to it, you're worse off than this solution afaict.

0 sats \ 2 replies \ @Coinsreporter 27 Mar

Correct, I just don't like 'third party' entering in the whole narrative of passing Bitcoin wealth to the next generation. I think everyone should be aware that death is something that can come anyday. You just have to make sure that what you have must not go to waste. Yes, you're right that's an alternative, personally I don't view it as a good and reliable option.

11 sats \ 1 reply \ @k00b 27 Mar

Depending on your situation, having a non-unilateral acting third party, who will likely make a disjoint set of mistakes from the mistakes you would make handling key material, is a feature.

100 sats \ 0 replies \ @Coinsreporter 27 Mar freebie

Okay sir, let me give it another try. May be I am missing out on a few points. If Casa is safe and sound and remains that way for a period of time, I and I think most other conservatives like me would definitely establish faith in the solution. Thank you for your valuable inputs.