One metal backup isn't enough. Many hurricane victims learned this the hard way. Multiple backups across vast geographies.
Practice recovery with your loved ones so they are fully comfortable with the process, but maybe with a separate wallet with fewer funds
Thanks. How vast of a geography you talking here? No family out of state and I hardly travel.
Imagine your stack is 100x more valuable, because it probably will be one day.
Your family will travel to recover it in that case.
For me personally I have a backup on the East Coast and west coast
okay, bank boxes or is there some other service i'm not thinking about? buried in a state park haha? what about say, a bitcoin 6102?
appreciate you taking the time to answer by the way. nobody AFK to talk about bitcoin with and I've been thinking about it a lot lately.
Yep bank box but make sure you are also using a passphrase that's not backed up in there. Don't want a banker stealing your shit
It's not what I use, but it's a good option for sure
do you store the passphrase? i had considered memorizing one with the wife but the possibility we both pass I'd want my kids to get it and they're too young to understand this or rely on to memorize it now. recorded in a separate location?
i'll zap you some sats for your thoughts once I get my lightning stuff figured out.
Yes I think you should also backup your passphrase, memory is not reliable enough to store your life savings. Just make sure you never back it up in the same place as your seed.
nostr:nprofile1qqsw9n8heusyq0el9f99tveg7r0rhcu9tznatuekxt764m78ymqu36cpz4mhxue69uhkvun9deejuat50phjummwv5hsz8rhwden5te0wfjkccte9e3xjarrda5kuurpwf4jucm0d5hsz9thwden5te0wfjkccte9e6hg7r09ehkuef0avzrjf what do you think about storing 2 out of 3 keys of a multisig in a very remote location (relative's home)? I figure without the wallet descriptor the likelihood of compromise would be very low.
I think this is the more optimal setup, giving close family members individual keys then if you die they can get the descriptor from your estate
