pull down to refresh
21 sats \ 3 replies \ @justin_shocknet 19 Feb \ on: Do you prepare your family to handle your BTC? AskSN
Very difficult problem, and that's why a lot of people end up using services like Unchained and rolling over to ETFs
I've been thinking about this issue a lot lately from a product standpoint, as its even worse if you consider active Lightning nodes in family businesses...
It's relatively simple if you don't worry about security much, could then just compile very thorough instructions and a copy of the secret and give it to someone...
Once you consider security it gets a lot more difficult, what if they can become wrench attacked because its too simple? General security of the documents? Does your setup rotate periodically? Do you need a dead-man switch? etc etc...
I'd be curious to know more about your goals from a user interview perspective, there needs to be more work done on this UX.
I don’t want any of that. I want pure and simple Bitcoin, and in that, security is what matters most.
My goal is to teach my daughter part of the secret and my wife another part, I don’t know. From what people are sharing here, many are in the “if he dies, he dies” mode.
Do you have plans for this?
reply
Still gathering ideas/input...
What would help you the most? a documentation template? Encrypted cloud dead man switch to send the docs? Ideas for encryption riddles?
reply
An encrypted cloud dead man switch sounds good. But, if in a specification moment I can’t stop triggered, my privacy is dead.
Can you share any post about it?
reply