I am trying to become the uncle jim for my family and close ones. I just started learning about lightning, managing liquidity, etc. and I want to be able to figure out how to organize different accounts for different people.

Originally, prior to learning about lightning, I was just going to create BIP-85 seeds for each person, allowing me to recover individuals funds in an emergency. Now, I am thinking that the best set up would be to create different lightning wallets for each person through my own node. (I’m still figuring out the best way to plan for disaster recovery I’m still not sure how to backup lightning channels)

If you’ve thought about this or have any ideas or recommendations for me please feel free to share.

#AskNostr