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What will most likely prevent your heirs from recovering your bitcoin?
1529 sats \ 14 comments \ @Wizardsardine 7h bitcoin
In the unfortunate event that you are involved in a freak gasoline fight accident, what will be the main obstacle for your spouse and/or children taking ownership of your bitcoin?
finding seed backups18.5%
not knowing how to sign a tx37.0%
not taking security seriously22.2%
other (comment below)22.2%
27 votes \ 17h left
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110 sats \ 6 replies \ @DarthCoin 6h
they will never know my real stash, where is located and how to recover it. Just bits of it. As I always said: if they are not able to obtain it from me while I am alive, it means they do not deserve it. So will get nothing.
Bitcoin must be obtained with Proof of work not with doing nothing. I worked hard for my BTC, so they should do the same.
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0 sats \ 5 replies \ @j7hB75 6h
Does your family know that? If so, have they exerted any effort into providing that proof of work?
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21 sats \ 4 replies \ @DarthCoin 6h
yes ofc, every day must do something to earn sats from me.
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0 sats \ 3 replies \ @j7hB75 5h
I meant as opposed to doing something like chores (proof of work), do they have to do something to prove that they are worthy to inherit your stack once you are no longer living?
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1 sat \ 2 replies \ @DarthCoin 5h
there's no inherit. just earn.
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0 sats \ 1 reply \ @j7hB75 5h
So, they're only able to earn while you're alive and once you're dead there's no more to earn?
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17 sats \ 0 replies \ @LibertasBR 5h
Know what bitcoin is, know how to recover it and not sacrifice it for the sake of the fiat system.
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17 sats \ 0 replies \ @jasonb 5h
Nice try fed. That said, I LOVE the Zoolander reference.
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17 sats \ 0 replies \ @thecommoner 6h
Just like the old saying of "Only you can prevent forest fires!"
I like to say - "Only you can take the steps needed to ensure you can obtain our families Bitcoin!"
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17 sats \ 0 replies \ @j7hB75 6h
I think in the end, the main obstacle would be understanding Bitcoin as a whole and not the finer details like signing a transaction.
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17 sats \ 0 replies \ @Akg10s3 6h
Now that I think about it, I should teach my oldest son more about security. He knows I'm stacking... But he's not very interested yet... I mean, he's interested when the price of Bitcoin goes up and gets discouraged when he hears me say it's gone down or has pulled back...
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10 sats \ 0 replies \ @ZezzebbulTheMysterious 1h
Biggest obstacle is not existing. I plan to die with my coins. You are welcome.
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10 sats \ 0 replies \ @030e0dca83 3h
The main obstacle - I'm not in relationships and have no kids
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