Should your wife or husband know your seed phrase?

[Maus0728]

I'd rather share my other seed instead of seed phrase 

Kidding aside, I think every marriage have different setups which means different circumstances that requires their own set of decisions. In other words, it is inherently subjective and could perhaps lead to legal issues especially when problem occurs.

[1714200003]

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[1714200003]

1714200003

[DaveF]

Nope, she knows more or less how to get it but not what it actually is. Heck, I don't even remember it, if everything goes to hell and I have to restore the odds of me doing it without retrieving the seed from storage are just about zero.

And actually for most people that should be the way it is in general. Securely sealed in a secure location that people that may need to know it have access but other then that forgotten about.

-Dave

[hitsnorth]

I don't think they should. You should save your seed phrase in testament so your coins won't be just lost, but until then I won't give access to my wallet to anyone.

[Cookdata]

When a man gets married to a woman to become husband and wife, they become one and everyone expects that they can get to share everything with each other. I know of women who have the passwords to their husbands bank cards and they can make withdrawals on his behalf. I will like to ask the Men here if they have shared their seed phrase with their wife's? I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?

Marriage as they used to say, what the creator has joined together, let no any man break it, it is forever and for worse but the reality of marriage is different these days especially now that it is difficult for couples to keep long term commitments. You will see relationships begin in a sweet journey and get crash on the road because people can change anytime and that is what you cannot change about people, it is a constant thing.

Credit card is different from Bitcoin seed phrase, once you notice that your wife is trying something funny or situation where there is a misunderstanding between you guys, you can contact your bank to lock your account or close it for you but if your wife decides to move your bitcoin without your approval, there is nothing you can do about that and you can't trace it either. I wouldn't advise anyone to entrust their seed phrase to their wife.

[franky1]

if in doubt multisig it out

[xSkylarx]

Anyone here has a lazy wife/partner to know how to open an account containing bitcoin? She already know the price of bitcoin and what is it but they still don't have deep knowledge about bitcoin. But when I tried to engage to my wife on how to open this she tends to say that she has other things to do though she is aware I own bitcoin (small bits) and I just want her to be aware so that in case what will happen to me she knows on how to open it. So until now, I am still asking her but I still haven't persuade her I think it's because she is not techy.

[CryptoPanda]

That would be the dumbest thing I’d do. Love does make us do dumb shit. Some people are talking about trusting your partner. I trust my partner just not with my seed phrase unless we both used our funds to buy the bitcoins in the wallet else I think they are just some things that need to remain private. If you tell your partner your seed phrase, what happens in the event of a divorce??

[pooya87]

In fact you could even take one step further and create a multi signature wallet with 2 seed phrases, one kept by the man and the other with the woman. That way the bitcoins and the wallet is truly shared.

2 seed phrase which means 2-of-2 multi signature wallet? Sounds risky to me if one of them lose their seed phrase.

Technically this is not an additional risk because it is the same with a single key wallets (single seed) if you lose that one seed you lose your wallet also. The assumption here is that each key is kept safely and with proper backups.
The alternative would be 2-of-3 with the third key stored with a third party (eg. a bank safety deposit box) so that it can be recovered if any of the 2 keys were lost.

[Maidak]

That would be the dumbest thing I’d do. Love does make us do dumb shit. Some people are talking about trusting your partner. I trust my partner just not with my seed phrase unless we both used our funds to buy the bitcoins in the wallet else I think they are just some things that need to remain private. If you tell your partner your seed phrase, what happens in the event of a divorce??

It means you have no intention of maintaining a long-term marriage, and you are just trying to work for yourself and not for your family or children. There's too much intent in your words, even your spouse, if you don't trust, then there is no one worth your trust.

I am a married person, I strive to this day also for my small family, I think if I want to be rich but have to trade happiness, I would rather accept poverty. In my opinion, money is only a material thing, if it is lost, it can always be found again, but happiness on the other hand can be difficult to find.

[m2017]

When a man gets married to a woman to become husband and wife, they become one and everyone expects that they can get to share everything with each other. I know of women who have the passwords to their husbands bank cards and they can make withdrawals on his behalf. I will like to ask the Men here if they have shared their seed phrase with their wife's? I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?

Why give your wife access to seed phrases if she already has access to a bank card? This should be enough for current expenses. All the same, the crypto owners expect to keep more than one year, which means that the access of many people only increases the risk of compromise. Of course, it is necessary to explain the existence of seed phrases to the wife, the main points of use and the place of storage in case of emergency. But you need to organize it in such a way that full access is impossible without you (or possible when you are no longer there). In case scammers and intruders try to get access to seed phrases with the help of his wife (she may simply not realize and not understand that she will be used by deception). So, the fewer people in the present tense who can use seed phrase, the calmer it will be.
 

[Franctoshi]

This is a personal decision to make in my opinion, So it depends on your relationship with your wife/husband, basically if your wife is that good wife that one could trust when it comes to money, May let know of the seed phrase.

Too there some wife/Husband whom you can't leave with anything pataining money,  in that case it could lead to problem in the end .
For me the best thing to do is have a particular wallet she will know of the seed phrase while another will be a personal wallet only known by you.

[Lucius]

Now I remembered a video in which the husband did not really trust his wife, and it turned out that he was right because she and her lover had a plan to steal his Bitcoins. Of course, it's a short film, but who says something like that can't happen in real life? In any case, be careful with your backups

Schloss Bitcoin (2020) - deutscher Kurzfilm - Crime Black Comedy Subtitles in English, French & more

[CryptoPanda]

That would be the dumbest thing I’d do. Love does make us do dumb shit. Some people are talking about trusting your partner. I trust my partner just not with my seed phrase unless we both used our funds to buy the bitcoins in the wallet else I think they are just some things that need to remain private. If you tell your partner your seed phrase, what happens in the event of a divorce??

It means you have no intention of maintaining a long-term marriage, and you are just trying to work for yourself and not for your family or children. There's too much intent in your words, even your spouse, if you don't trust, then there is no one worth your trust.

I am a married person, I strive to this day also for my small family, I think if I want to be rich but have to trade happiness, I would rather accept poverty. In my opinion, money is only a material thing, if it is lost, it can always be found again, but happiness on the other hand can be difficult to find.

No you’re wrong. I have every intention of having a long-lasting marriage, giving my partner my seed phrase won’t make the marriage any sweeter or more happier. What works in a marriage and what doesn’t. Anyone who’s been married more than once or been in a long term relationship understands you can’t control your partner’s every action and there are several factors that may affect a relationship, sharing phone passwords, or linking bank accounts is not a guarantee for a successful relationship. It’s a subjective thing…Let’s not drag this, let’s focus on bitcoin.

[Welsh]

Entirely depends on your threat model, and how much you trust your wife or husband. That's simply what it comes down too. Some people treat their partner as an extension to them, and others treat them almost like a stranger. In a perfect world you marry someone you ultimately trust, but I know that isn't the case in a lot of people's marriages.

There's no right or wrong answer to this question, since it's going to vary depending on the people involved. There are people out there though, that are very trustworthy, and ideally those of the people you should be marrying. These of the types of people that even if your marriage did break down, they aren't looking to rob you blind.

[AbuBhakar]

This is a personal decision to make in my opinion, So it depends on your relationship with your wife/husband, basically if your wife is that good wife that one could trust when it comes to money, May let know of the seed phrase.

Too there some wife/Husband whom you can't leave with anything pataining money,  in that case it could lead to problem in the end .
For me the best thing to do is have a particular wallet she will know of the seed phrase while another will be a personal wallet only known by you.

It should be known by someone we trust can be the wife/husband or any of the family members we trust. If we think its already a big money and you invested alot on it then therr should be someone who needs to know where your money going just in case something happens for it to not be wasted. But it will be better if you will be enjoying that investment for yourself once it gain profits. Try to diversify it also and not to put all only in one wallet to lessen problems if you overshared your seed.

[crunck]

When a man gets married to a woman to become husband and wife, they become one and everyone expects that they can get to share everything with each other. I know of women who have the passwords to their husbands bank cards and they can make withdrawals on his behalf. I will like to ask the Men here if they have shared their seed phrase with their wife's? I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?

Sure, my wife and mom are the only two people I share my private key with. I don't think there's any reason I can't share that with the two most trusted women in my life. Someone who raised me from a young age and gave me all the best, someone who will follow me for the rest of my life, there is no reason not to doubt or not to share the best with them.

[pawanjain]

When a man gets married to a woman to become husband and wife, they become one and everyone expects that they can get to share everything with each other. I know of women who have the passwords to their husbands bank cards and they can make withdrawals on his behalf. I will like to ask the Men here if they have shared their seed phrase with their wife's? I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?

There should be at least somebody that should know that you own crypto and the location where you store your seed.
This is because if something happens unfortunately or in case of emergency the other person should know the location so that he can access it on your behalf.
If I were married, I would probably tell my wife the location of my seed and then gradually teach her about crypto.
A person should definitely know how important it is and how to keep it secure before we give them the access to our seed.

[Welsh]

Ultimately, if you don't have an investment plan you're setting yourself up to basically lose that Bitcoin forever. Now, some people might see that as a donation, but ideally we don't want this sort of thing to continue happening given a long enough time, since we'd basically lose a lot of the Bitcoin in circulation.

A few things can be done about this, and who knows if Bitcoin will continue to exist long enough for that to happen, but as a preventative measure it's probably a good idea to have some sort of inheritance planned. Even if that's setting up a time lock, instead of giving direct access to the private key, which would probably be the preferred option anyhow.

[len01]

I am a man and have been married for 7 years and have 1 child aged 6 years. and my wife also knows that I often put money in to buy bitcoin and hold it until the bitcoin price reaches ATH.
and several times every time the bitcoin price reaches ATH I get profits and my wife knows too. after that he decided he wanted to learn about investing in bitcoin and I taught him from the beginning until he really knew how to buy and store on his own cold wallet.
and until now my wife and I both know the seed phrases that we have, such as exchanging seed phrases with each other.
why my wife and I are so brave to exchange seed phrases? because my wife and I both maintain a commitment to trust each other and maintain mutual trust for the good of my family and the future of my children.
because my goal and my wife investing in bitcoin is to pass it on to my children when they grow up.
Another reason my wife and I exchange seed phrases is because if one day something happens (sick or dies) someone will know where my seed phrase is and know how to access it.

so for me sharing the seed phrases with our own partners is fine as long as we maintain mutual commitment and maintain trust.

[rat03gopoh]

I'm going to fall back on the literal rule of privatekey, because those are definitely not "shared" key.
As for the rights of the spouse (married), I think it has been regulated in the laws of life in marriage. You only need to give your spouse full rights without your intervention in management.