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Author Topic: Should your wife or husband know your seed phrase?  (Read 2145 times)
reagansimms
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December 25, 2022, 03:34:45 AM
 #161

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Why not make a testament with a super detailed instruction? Now two extra persons are ready to spend your crypto Cheesy Imagine one day you will piss your brother so much, so that he will decide to revenge you. He can use crypto for that. Now he is always one score before you. Why not introduce other family members with your seed phrase then, since 2 already are aware of it. Share only a part of phrase to every family member,  but each one gets a different one. In case you die, they will need to take a collective decision to use funds. But it will be better if less people know about your crypto.
First, we were born from a respectable family, we were also educated in a very disciplined manner and we had to always respect those who were older than our family tree. The reason I believe in my younger sibling is because we have trusted each other since we were teenagers, protecting and sharing with one another.
My wife is part of my life, my responsibility and the mother of my children. He can't possibly spend his husband's money without a definite reason. Even if he wants to spend my crypto, he uses the money for household needs and my children's education expenses. I don't need to worry about that.

 
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December 25, 2022, 04:42:09 AM
 #162

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Why not make a testament with a super detailed instruction? Now two extra persons are ready to spend your crypto Cheesy Imagine one day you will piss your brother so much, so that he will decide to revenge you. He can use crypto for that. Now he is always one score before you. Why not introduce other family members with your seed phrase then, since 2 already are aware of it. Share only a part of phrase to every family member,  but each one gets a different one. In case you die, they will need to take a collective decision to use funds. But it will be better if less people know about your crypto.
First, we were born from a respectable family, we were also educated in a very disciplined manner and we had to always respect those who were older than our family tree. The reason I believe in my younger sibling is because we have trusted each other since we were teenagers, protecting and sharing with one another.
My wife is part of my life, my responsibility and the mother of my children. He can't possibly spend his husband's money without a definite reason. Even if he wants to spend my crypto, he uses the money for household needs and my children's education expenses. I don't need to worry about that.


If my bitcoin spending is my brother or mother and for the explicit purpose, I also find it very ordinary, nothing to worry about. I find it very strange that many people are skeptical about family members, even the mother, who has given birth to them, or their wives, who will always be with them in all difficult circumstances. 
Money probably dominates too much in life, people need money than more the mother's love or the love of husband and wife. I just want to say that Bitcoin is just money, and money may be lost, but it can always earn back, but if our mother or brothers lose, there will be no chance.

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December 25, 2022, 05:22:12 AM
 #163

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?


Me and my wife can share everything including password to my wallet and mobile banking app, but once it comes to seed phrase because of some security reasons I won't disclose it to her because most times  woman can be too fragile when it comes to security. And they can also do anything when they feel offended in other to get back at you.
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December 25, 2022, 06:05:40 AM
 #164

Me and my wife can share everything including password to my wallet and mobile banking app, but once it comes to seed phrase because of some security reasons I won't disclose it to her because most times  woman can be too fragile when it comes to security. And they can also do anything when they feel offended in other to get back at you.
I thisk is better you to let your spouse know about your Bitcoin and ecery other asset holding since you both share almost everything together, but is important to note that you will need to teach her all she beed to know about the security of the wallet phrase and how fragile it is when it gets leak out to others.

That way, your spouse will know how to protect the wallet phrase from outsiders access. Normally is not right to keep any secret from your wife and if you feel you cant trust her, their other better ways to plan things that she may not hace access to the wallet phrase but know where it is and when you are not around your Bitcoin will not just be wasted and lost due to no access.
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December 25, 2022, 06:13:23 AM
 #165

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?


Me and my wife can share everything including password to my wallet and mobile banking app, but once it comes to seed phrase because of some security reasons I won't disclose it to her because most times  woman can be too fragile when it comes to security. And they can also do anything when they feel offended in other to get back at you.

It is a good choice, but I know that in this world, we cannot say that everything will happen. What if something bad happens to you? What will you do if you have 1 bitcoin or more in your wallet? How will your family discover this? We have lost 1 family (3 people) due to accident, and I would say that being secretive with your wealth and money over time wouldn't help your family as they could get it when you haven't informed them. That is why it is best to inform them just in case something happens to you.
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December 25, 2022, 09:25:38 AM
Merited by JayJuanGee (1)
 #166

Me and my wife can share everything including password to my wallet and mobile banking app, but once it comes to seed phrase because of some security reasons I won't disclose it to her because most times  woman can be too fragile when it comes to security. And they can also do anything when they feel offended in other to get back at you.
I thisk is better you to let your spouse know about your Bitcoin and ecery other asset holding since you both share almost everything together, but is important to note that you will need to teach her all she beed to know about the security of the wallet phrase and how fragile it is when it gets leak out to others.

That way, your spouse will know how to protect the wallet phrase from outsiders access. Normally is not right to keep any secret from your wife and if you feel you cant trust her, their other better ways to plan things that she may not hace access to the wallet phrase but know where it is and when you are not around your Bitcoin will not just be wasted and lost due to no access.
Might say it was a must to tell them but for me, it only happens when they already understand the nature of the crypto market. What I did is that - I let my partner know about my seeds phrase but my control is still in my hands.
Teach them gradually and make your partner know the consequence if they are irresponsible with those keys/passwords. Because it was not just all about exposing them to what we do but for them to know their part as a holder, know how to take care of it, and the risk of losing those things.

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December 25, 2022, 09:48:07 AM
 #167

Me and my wife can share everything including password to my wallet and mobile banking app, but once it comes to seed phrase because of some security reasons I won't disclose it to her because most times  woman can be too fragile when it comes to security. And they can also do anything when they feel offended in other to get back at you.
I thisk is better you to let your spouse know about your Bitcoin and ecery other asset holding since you both share almost everything together, but is important to note that you will need to teach her all she beed to know about the security of the wallet phrase and how fragile it is when it gets leak out to others.

That way, your spouse will know how to protect the wallet phrase from outsiders access. Normally is not right to keep any secret from your wife and if you feel you cant trust her, their other better ways to plan things that she may not hace access to the wallet phrase but know where it is and when you are not around your Bitcoin will not just be wasted and lost due to no access.
Might say it was a must to tell them but for me, it only happens when they already understand the nature of the crypto market. What I did is that - I let my partner know about my seeds phrase but my control is still in my hands.
Teach them gradually and make your partner know the consequence if they are irresponsible with those keys/passwords. Because it was not just all about exposing them to what we do but for them to know their part as a holder, know how to take care of it, and the risk of losing those things.

Thats true, just letting them know about the seed phrase could lead to losing the funds. It is good to teach about the risks and how important is the seed phrase. Along with the same letting them know about past stories in which different people have lost huge funds. This will make them understand and remember the importance of keeping the seed phrase in a secure way.

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December 25, 2022, 11:27:40 AM
Merited by JayJuanGee (1)
 #168

How can you trust your wife not to cheat on you. Because there are millions of cases where the husband divorces the wife. What do you do then?  Where your seed phrase know your wife? Well let's put it aside because when a divorce happens between a husband wife and both of them know about it you will be able to change your wallet.  But you worry if ever your wife indulges in a strange act and suddenly runs away with someone else's hand.  Then how do you save your funds ? I'm not saying this will happen to you.  But unfortunately if something like this happens you will lose all your funds.  Because here, whoever has the seed phrase can control the funds of that wallet. this is the matter
If you and your wife are already living together for a long years then you must know her attitude. If she isn't that trusted enough, then there is no need for you to share your private keys with her. In my case, I think my wife is trusted, that is why I already tell her about my crypto wallet and on how to access it via a pin code but I never talked about the private keys part yet, because I think she is too slow when it comes to those things.
Yes if one lives together with his wife for a long year and they have more than one child then can the private key be shared by trusting his wife or husband. But I think it is better not to share the private key with such a husband wife who is together for less time.  But this is just my personal opinion.  Everyone can think differently because everyone thinks differently
I was the victim of a big scam a few days ago. I shared the private key of my wallet with my girlfriend and the private key of my wallet was with my girlfriend. After breaking up with my girlfriend a few days ago, I suddenly woke up in the morning to find that she had taken all the money from my wallet to her wallet. I made a GD in the police station in the name of the ex-girlfriend. I don't know if I will get my money back. I think I will get my money back very easily.
If you really did something like that then you are the biggest idiot.  Because a girlfriend is only an entertainment companion.  He can never be a complete believer and his own person.  To whom you can give the private key of your wallet.  Because a private key is a key that can control your entire fund without the permission of the original owner. Where we are afraid to give private key to husband / wife.  There ,how you can give your private key to your girlfriend .lol
Yes, I now realize how big a mistake I made by giving my girlfriend my private key. I think I made an even bigger mistake in my relationship with her. After my ex-girlfriend stole my money, she ran off with another guy. I  Got this news from his close friend. I now realize how big a mistake I made. I chose a wrong man. I thought I would make him my life partner but he cheated on me. I am now thankful to the above walla for removing this bad girl from my life.
It's not your fault it's your stupidity.  Because no one would ever give his girlfriend access to his funds.  Because a girlfriend can never be a reliable and trustworthy person like a wife.  When you marry your girlfriend maybe you can trust her and give her access to your funds.  But one should never fully trust him without marrying.  Since this is your personal mistake, no one can save you from it . even the police may not be able to help you much with that

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December 25, 2022, 12:19:38 PM
 #169


It's not your fault it's your stupidity.  Because no one would ever give his girlfriend access to his funds.  Because a girlfriend can never be a reliable and trustworthy person like a wife.  When you marry your girlfriend maybe you can trust her and give her access to your funds.  But one should never fully trust him without marrying.  Since this is your personal mistake, no one can save you from it . even the police may not be able to help you much with that

Girlfriend and wife are two completely different concepts, it can be said that she or we can know many other girlfriends, but with a wife, we only have one, and the wife is the most reliable of those girls. Giving all your possessions to a stranger without any strings attached is a deplorable mistake.

Friends and girlfriends should not be completely trusted, you should only trust your loved ones and when they become your real wife, who will always be there for you in your most difficult times.

Bitcoin is the safest asset but also the most easily stolen asset, as long as they have the private key, they can take our everything, it's not like a bank account. That's an expensive lesson for you, @rojan.

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December 25, 2022, 12:59:07 PM
Merited by JayJuanGee (1)
 #170

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?

That's what I'm doing for now, because the only trusted person who can manage my Bitcoin is his wife. Even for more than a year until now it is still running. The reason I tell you the seeds of recovery is to guard against the unexpected. Then another reason is while educating my wife to get to know more about how Bitcoin works, in the sense that apart from saving Bitcoin every month, my wife always compares it to saving fiat money in her account. As a result, so far the conclusion is that he says the clear advantage is in Bitcoin. Apart from that, he said the advantage of investing in Bitcoin is that there is no interest, no deductions such as fit in the account.

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December 25, 2022, 02:06:08 PM
Merited by JayJuanGee (1)
 #171

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?
Of course. I am a married man and my wife "knows" my seed phrase, well she doesn't really know it, she can't possibly memorize it, so she knows where the paper is. In a small notebook that I have, I have all the information on crypto that I have, usernames, mails, passwords, phrases, basically anything she might need in case that I can't.

This doesn't mean that I am dead, but I may be in hospital or even jail (hope not for both) and she could at least go home, open my pc, and use that notebook to cash out all our crypto savings if he has to. She hasn't done anything like that so far, I have a laptop and even in hospital I made sure that I could withdraw via my phone, but you never know what life may bring.
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December 25, 2022, 03:21:10 PM
 #172

Of course. I am a married man and my wife "knows" my seed phrase, well she doesn't really know it, she can't possibly memorize it, so she knows where the paper is. In a small notebook that I have, I have all the information on crypto that I have, usernames, mails, passwords, phrases, basically anything she might need in case that I can't.

This doesn't mean that I am dead, but I may be in hospital or even jail (hope not for both) and she could at least go home, open my pc, and use that notebook to cash out all our crypto savings if he has to. She hasn't done anything like that so far, I have a laptop and even in hospital I made sure that I could withdraw via my phone, but you never know what life may bring.
I think good ideas with your decision sharing all cryptocurrency information to your wife, you have given detail about cryptocurrency exchange account do you have from mails, username, password and seed phrase. I sure you have trust more than 100% with your wife and something bad happen have back up with your assets saving in cryptocurrency.

Can't having accurate predicting about where our life bring and back up or giving our important data about cryptocurrency to most trusted person is most important, here not only with your wife could be giving seed phrase for our family if some one still not marriage yet. Possibility giving our seed phrase to our father or mother and don't forget give them basic educating from trading until withdrawing cryptocurrency assets become cash money.

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December 25, 2022, 05:09:25 PM
 #173

Wow, my post got deleted. It lives on in quotes. Just wow
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December 25, 2022, 05:47:22 PM
Merited by JayJuanGee (1)
 #174

It you’re in a loving, trusting relationship & maybe have kids then your wife/husband should definitely know your keys or at least how & where to access them. Imagine if you did unexpectedly & your wife or kids can’t or don’t know how to access your bitcoin, you would have failed them. Sort it out & figure out a way to transfer your wealth to your dependents when you die.

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December 25, 2022, 06:27:54 PM
 #175

It you’re in a loving, trusting relationship & maybe have kids then your wife/husband should definitely know your keys or at least how & where to access them. Imagine if you did unexpectedly & your wife or kids can’t or don’t know how to access your bitcoin, you would have failed them. Sort it out & figure out a way to transfer your wealth to your dependents when you die.
Storing phrases should be saved and not easily accessible by anyone but only you. They have every right to know the seed phrase, because our present and past lives is not predictable, no one knows what will happen in the next few seconds, hours and minutes. It's always advisable to plan towards the promising future inother to prevent costly mistakes from taking place. My Bitcoin phrase is very safe and kept in a discreet place and I would only reveal it to my love ones when it's time.

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December 25, 2022, 06:42:46 PM
 #176

Only the owner of the funds can decide whom to give access to their seed phrase, it may not even be their wife or blood relation, trust can come from any person, you might get married to someone and along the line discover that your spouse isn't to be trusted with some sensitive information, you wouldn't then reveal your seed phrase to them because they are your spouse.

I know that many BTC users haven't revealed their recovery phrase to anyone because of the ease in which it can be lost or stolen, in my humble opinion that it is the best thing to do; but if you have relatives or spouse you trust so much, you can work out a way that they would gain access to your funds when you are gone.

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December 25, 2022, 06:59:27 PM
 #177

The seed phrase is your unique password, and you should be the only person who knows it, in my opinion.

That means when you die the coins die with you. If you're a lonely person it may be understandable you don't want random people to take your hard-earned money, but having a family, children, changes things. I'd prefer my family to have access to my coins after my death, so I'd either give them the access when I live or put it on a piece of paper and hide it in a safe place so they can use it when I'm gone.
Yeah, why the hard earned money need to go unused. Maybe one shouldn't need to share the seed phrase, but it is a must to share how he/she have secured the seed phrase. Only the if something unexpected happened to the person who had control over the funds, it can be used further. Myself too never thought of it, now I prefer teaching my close ones about the seed phrase.

It would be selfish and wasteful if the money we earned were not used under any circumstances. In my opinion, sharing a seed phrase with someone you trust the most is the right thing to do, even if your wife knows nothing about bitcoin. In the event that something unexpected happens to you, as long as she holds onto the phrase, accessing that property shouldn't be too difficult. I always share all my secrets with my wife because all I do is for my wife and children, not just me.

I salute guys that take their family as a priority and see their wives as friends that can be trusted.  I also think that sharing important things to our wife is the way to go since the day we got married, we are considered as one and had made a vow to take care of and trust one another.  So I believe it is normal to share our seed phrase and important stuff with our wives. See Hal for example, I believe Hal shared all his crypto information with his wife before he undergo cryo.

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December 25, 2022, 07:01:53 PM
 #178

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?

Sorry to say this is not every wife that's trustworthy, but if you trust your wife sharing you seed phrase with her is nothing by the way the day you took her to the altar both of you become one, automatically your wallet and other assets belongs to you and her
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December 25, 2022, 07:25:55 PM
 #179

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?

This is my own opinion, but as long as you are legally married in think what belong to you will belong to her as well,. maybe make a safe code wherein she can only sue or she can only open it and use it if you are gone already. of course even  the both of you has the right not to share all the things to each other still there's always a trust, it will be tested in this scenario. You can hide it of course but how long will it be.
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December 25, 2022, 07:45:25 PM
Merited by irhact (3), Sandra_hakeem (2), JayJuanGee (1)
 #180

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?

Sorry to say this is not every wife that's trustworthy, but if you trust your wife sharing you seed phrase with her is nothing by the way the day you took her to the altar both of you become one, automatically your wallet and other assets belongs to you and her

Yeah, it’s not every wife that is trustworthy and not every spouse gives their significant other the details to their bank and access to their funds. Trust is something that is sadly lacking in some of the marriages in our society today and a lot of men I know would not even consider giving their spouses access to their banks or in this case, your seed phase that gives you access to a wallet.
The day a man takes a woman takes a woman to be his wife, it doesn’t automatically give the wife access to everything that’s his. It doesn’t work like that. While some couples would share or give their spouses access to their banks or wallets upon getting married, not every couple do this as it’s a choice and it’s not automatic.

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