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Author Topic: Should your wife or husband know your seed phrase?  (Read 2145 times)
Minecache
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January 05, 2023, 09:06:32 AM
 #261

I don't think so no. Apart form them being able to steal them there is the quite easy possibility of them losing it or being stolen for them

What are you going on about? Have you thought about the possibility that your seed phrase could also be stolen from you or you could very well lose it yourself without any help from your spouse.
If those are your only reasons on why your spouse should not know your seed phrase, then I think those are somewhat stupid reasons. A marriage where the trust or love levels isn’t high enough to reveal your seed phrase to your spouse  isn’t a marriage I would want to be in.

I don't even think it's marriage, I've never seen that when two people fall in love and get married without trusting each other, it's an insult to the sacred of marriage.

I also have a family, and I have never hidden anything from my wife because what I am doing is for my wife and children, if they are no longer in this world, it is meaningless for me to own millions of bitcoins. If bitcoins are lost, I am confident I can afford to earn those bitcoins, but if my wife and children are gone, my life is over. Bitcoin cannot be compared to husband and wife or motherhood.

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January 05, 2023, 09:29:47 AM
Merited by JayJuanGee (1)
 #262

From my point of view its just a thing of understanding between the two parties, if there's no love, no peace and unity i don't think the husband would likely reveal his details to the wife. I have seen many cases within my locality where the woman keeps quarrelling the husband and they don't always have mutual understanding as husband and wife at this point the husband may find it difficult to release or show the wife his phrase and private keys. But if the woman is always humble and loving, respectful, also do not leave a careless and extravagant life then the husband would definitely give her some access to his finance irrespective of any situation at hand and as a matter of fact each family's have its own way of living so not every man that is too open to tell their wife about their finance likewise the woman as well.
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January 05, 2023, 10:53:50 AM
Merited by JayJuanGee (1)
 #263

I think it is ok to share seed phrase to a wife or husband, after all, that person is not a complete stranger to you (married people share lots of things and it is normal). But before taking such a risk, person's second half should be financially evaluated. It the persons is tend to spend, take thoughtless and spontaneous decisions, then it is still preferable not to share. If a persons is financially independent, you can foreseen his next steps, then I see no big trouble  in sharing seed phrase.

In general, the question is not about sharing seed phrase with your second half, but sharing with another person which increases risks. Logically it will be better not to tell about your financial opportunities. The less other people know, the better you sleep.

 
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January 05, 2023, 11:21:22 AM
 #264

Getting married to someone simply means you are ready to share everything with that person, you guys now become one, do everything together, in a house where there are plenty rooms but a husband and wife will still share one bedroom, so there shouldn't be any secret, understand each other, and love each other, yes my wife will know my seed phrase, there should be a trust in the marriage,  you guys are partners for life, so there should be no secret, she's my wife and she deserves to know everything I do, what am thinking off and what's on my mind she's supposed to know...same thing to her
Well on a contrary note, marriage supposed to be based on agreement, and contract, and if sharing your personal property detail with your spouse is not part of that contract then we should try as much as possible to remain private.

There have been some cases of financial misused of joint accounts in marriage most especially where the marriage is not based on companionship, love and other emotional attachment to your spouse.

But as the case may be if the marriage is based on intimacy, love and respect then there is nothing wrong in sharing your private information with your spouse.

 
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January 05, 2023, 11:29:51 AM
 #265

Quote
Should your wife or husband know your seed phrase?
No, my wife shouldn't know seed phrase (private keys - to be precise) of mine - just like any other person shoudn't know it.

A sincere person that takes proper care of their own keys will not accept responsibility for taking care of private keys of others. Private keys must not be shared/transferred. It is bitcoin to be transferred from an address to another one.
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January 05, 2023, 11:32:30 AM
Merited by JayJuanGee (1)
 #266

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 is a union that occurs after the husband and wife reach an agreement, which implies that trust exists between these two parties. Being my wife does not imply that I can share all of my secrets within a few years of marriage, but with time, I should.

With this, I prefer to first teach her some basic concepts about Bitcoin so that she will know how to use the private key if I give her the private key or seed phrase letter.

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January 05, 2023, 12:56:41 PM
 #267

To establish harmony in the household is the openness of every problem they face, do not have certain secrets between husband and wife because when the secret will be revealed then quarrels will inevitably occur, although there are some people who do keep certain things secret because they have certain reasons, but for me whatever we have, be it crypto assets or other wealth that we have, must be open to each other so that there is no misunderstanding between the two  but this all depends on each of us in carrying out each relationship.

This is a very good way of putting it.

The answer is simple, if the relationship is true then there should be no issue in sharing things such as a seed phrase. However if trust is misjudged then of course it will lead to someones coins going bye-bye sooner or later.

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January 05, 2023, 06:46:29 PM
Merited by EarnOnVictor (1)
 #268

I will like to ask the Men here if they have shared their seed phrase with their wife's?

Yes probably you will get this from every successful marriages here present a d not until you have a good understanding behind the mathematics that makes 1+1=1 you wouldn't understand why the need to ket your spouse or legally wedded wife know your keys to your bitcoin.

I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?

I think she should have the same feeling for me revealing my bank ATM card pin to her or not revealing it to her at all, provided that she's not my side chick i will definitely expose her to knowing it, but not only that, she can as well get into bitcoin to know better because in teaching, it is believed that experience is the perfect teacher.
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January 05, 2023, 07:09:28 PM
 #269

But if the woman is always humble and loving, respectful, also do not leave a careless and extravagant life then the husband would definitely give her some access to his finance irrespective of any situation at hand and as a matter of fact each family's have its own way of living so not every man that is too open to tell their wife about their finance likewise the woman as well.
I agree, we definitely know the characteristics of our partners so we can or won't tell them at this time because if our partner is wasteful then he can easily use the balance in the wallet to use for his needs without telling us, but I will still tell the balance in the crypto wallet even though it wasn't time to give him the phrase or private key, I told him the balance was for our child's future.
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January 05, 2023, 07:26:46 PM
 #270


I will like to ask the Men here if they have shared their seed phrase with their wife's?

I am still single but instead of a wife, I told my parents where my seed phrase is, I would do the same if I have a wife, I have entrusted my life to her what more is my wealth.

I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?

Putting myself in their shoes, I believe I would feel betrayed since we had promised that we will act as one in good or bad fate and then found out that the husband is hiding something from me while I am all the way trusting him.

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January 05, 2023, 07:37:11 PM
 #271

I will like to ask the Men here if they have shared their seed phrase with their wife's?
For me as a husband to a wife and a father to children, it is necessary to tell my wife where I keep the phrase, in other words, I have shared the phrase with her (wife) with a special agreement. Approximately the content of the agreement is that she cannot take and use the phrase that I keep in the storage place as long as I can still move my arms and legs and as long as I am still breathing.

Why did I convey it to my wife, because she is a trusted person and she is the one I taught about Bitcoin and including its use. From another point of view, I also think that basically no one knows until what age we live and until what age we are still able to move to do activities like today.

In essence, I really want Bitcoin activities to continue forever and should not stop when we die.

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January 06, 2023, 03:21:36 AM
Merited by Doan9269 (1)
 #272

When a wife knows the private keys/seed phrase and she knows how to use it, she possibly misuses it. It is riskier for our investment, especially for a long term investment. However, she is a wife, we should marry someone that we trust very very well. We know how we trust a wife more than other people. So, I don't think nothing wrong to share it to the wife as long as we can trust her and he can understand how to keep it secretly. When we are married, a wife is the closest person in our life. Why we don't trust her?  Undecided
No, it was not the thing I thought about telling our wife about our keys/seed phrase. We did this for better communication and trust in each other and to tell the risk of misusing the keys and being careless to them it will lead to losing our money. In fact, we did share this because we want our wife to know the do's and don'ts when investing and keeping crypto in our wallets. That is why before making a decision about this we make sure that person (husband or wife) can really be trusted otherwise, we never do that and keep it secrete.

Yeah.. fuck crypto..

Hopefully no one is wasting time to teach spouses about shitcoins... except maybe if there is some kind of event in which the husband dies, then wife should know that she should sell all the shitcoins as soon as possible and either convert them to either fiat or convert them to bitcoin or perhaps convert some to fiat and some to bitcoin.  There's a need to at least have some basic understanding for whatever kinds of assets that a person might be holding, and especially if the spouse might not have had been involved as much in the "crypto" then at least, the basics would be weighing allocations that are kept in bitcoin and in fiat and then figuring out how to manage those allocations - including if something happens to the spouse, the there might be considerations of a timeline in which they would be held, maintained, liquidated and/or perhaps whether to accumulate more bitcoin.

Ain't nobody got time for shitcoins... trying to have some kind of a reasonable understanding of regarding how to manage bitcoin holdings is difficult enough.. even for regular bitcoiners.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 06, 2023, 03:52:31 AM
 #273

My wife and I are both involved in the cryptocurrency world, and we truly have a lot in common, especially when it comes to cryptocurrencies. We decided where to put the seed phrase since we both invest in, trade, and hold Bitcoin and alternative cryptocurrencies.
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January 06, 2023, 03:59:13 AM
 #274

no. instead i store it on an encrypted usb and keep a note aside of how one should use it.
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January 06, 2023, 12:55:06 PM
 #275

My don't know anything bitcoin and crypto currency but I still teach day by day so that she'll know how to control my assets even if I'm not around she'll have more knowledge and because she may want to join the forum now need of me to be teaching her again

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Sayeds56
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January 06, 2023, 02:12:58 PM
 #276

My wife and I are both involved in the cryptocurrency world, and we truly have a lot in common, especially when it comes to cryptocurrencies. We decided where to put the seed phrase since we both invest in, trade, and hold Bitcoin and alternative cryptocurrencies.

This sounds so good that you both are involved in crypto space, so she is your strength. I think for you there should not be any problem in sharing seeds phrase with your wife because she is well aware of all technical details of creating wallets and use them for making transactions.

Marriage is a life long contract which is based on mutual respect and trust. It is a promise to stand by each other in good & hard times. I don't mind sharing my wallets seeds phrase with my spouse because she is taking good care of my kids and contributing a lot to make them good human being.


 

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January 06, 2023, 08:30:08 PM
 #277

This story sounds made up.

It is funny though because there is a kind of ringing way that aspects of it could be true.. and reflective of relationship dynamics, even though it presents as a piece of fiction.


As a woman i'm, i write according to the my exposure which i have only gotten from my husband moreover his is mostly occupied having a very little time teach me coupled with his work and i m putting my best to learn things for myself over here. Though i know isn't that a little task sitting and reading couple with the home chores.

Maybe if you don't believe, i have created a thread where i asked if "Is there best way to seek people's attention on bitcoin? which many advised me to first buy and hold bitcoin which is my next target.
There were lot of replies please don't crucify me as i m not perfect in posting and making long stories also i m leaning around here. So i won't get angry for any words coming from anyone most especially people like you i do love them to learn from them.

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January 06, 2023, 09:02:54 PM
 #278

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?


If the marriage will lead to husband or wife also becoming heir, will they be able to convince the fiscal authorities that they do _not_ know the key in the incident of inheritance?
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January 07, 2023, 02:31:03 AM
 #279

~snip~
If the marriage will lead to husband or wife also becoming heir, will they be able to convince the fiscal authorities that they do _not_ know the key in the incident of inheritance?

The moment any coins move from the address they will know that she has the keys.

So, it's pretty simple to check if anyone has control of a dead man's keys.
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January 07, 2023, 03:00:38 AM
 #280

Yes.
I tell my partner everything. And just like me, she is a crypto supporter. So I have no qualms with telling her about my seed phrase or where I have stored it.
We discuss these things almost every day at the dinner table and it feels great knowing that should anything happen to me my assets will not be lost forever. On the other hand, if you have a spouse who doesn't care about bitcoin be patient with them and teach them. Do not reveal to them your seed phrase for it will be unwise to do so.

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