Storing large amounts of bitcoin is not trivial.
For example, what’s a way to store large amounts privately, securely and provide inheritance?
By privately, I mean only you know that you’re a bitcoiner.
Securely means safe from access from anyone other than yourself.
Inheritance means your bitcoin are received by your select heirs only when you die?
That is a challenge. Hardware wallet is still the best choice in my book, I would share your seed phrase with your children or person inheriting your wealth if you trust them and when they are old enough.
I also use unchained capital which is a incredible multisig service for inheritance management. nostr:npub1m6y9qq06c74trgs60ya320pgmhz6099grra5lw04akyuxvcz7lvq9ue2p9 can help you get signed up if you’re interested.
Yep, it’s a tough problem.
Hardware wallets breach privacy because they look like bitcoin / crypto devices and disclose to border guards that you’re holding something (for people who travel a lot and have no fixed base). IMHO for digital nomads it’s better to use ephemeral offline operating systems like tails.
Using a company like Unchained solves inheritance but breaches privacy because they are a honeypot and do KYC on their clients.
