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Author Topic: Who is most reliable person?  (Read 623 times)
drwhobox
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March 20, 2023, 11:15:51 AM
 #21

Giving out your private key or seed phrase means you want the person to have access to your assets. Once they have it they can carryout transactions without your consent so its best to keep it to yourself. Don't make the mistake and give your keys to anyone especially the person who taught you about bitcoin.
Trust No One because money can be tempting so expect the worse whenever you share your keys with anyone.

OP is making jokes comparing bitcoin wallets and private key with clothing. He is not making any sense, just adding line before asking a simple question.
Private key and seed phrase is key to your private bitcoin volt, if you want to share your assets with anyone you can share the key to that person.
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March 20, 2023, 11:22:29 PM
 #22

Giving out your private key or seed phrase means you want the person to have access to your assets. Once they have it they can carryout transactions without your consent so its best to keep it to yourself. Don't make the mistake and give your keys to anyone especially the person who taught you about bitcoin.
Trust No One because money can be tempting so expect the worse whenever you share your keys with anyone.
...and then peeps talk about trust? Especially When you've only been shown how to HODL without being properly oriented on the DO's and DON'Ts, how to avoid every possible scam, What's yours personally and should remain your privacy except otherwise....
They'll simply ask you to go copy them seedphrase and paste for them, all in a bid to something you won't even care to ask, since you're not even tutored how the whole system works... before you'll realize what happens, your whole wallet's empty, then you'll begin trolling with BTC's impeccable name as being a SCAMMY project......I believe this is the reason why you were introduced into BTT.

Sandra 🧑‍🦰



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tech30338
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March 21, 2023, 12:53:02 AM
 #23

When it comes to bitcoin wallets is totally a kind of private pants for females and boxers for male. Bitcoin wallets is like ATM pin which is assigned to individuals which banks do not respect another person on your behave. Is personal identification number, that's what bitcoin wallets, private keys and seed are. But to some point because of love, trust and spouse lips, we give out our details freely for this person to access.

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?
OP when it comes to money no one is reliable, even friends or family, specially if its a big amount of money, maybe that will work in the old days, but still there is a percentage that they will stab you in the back, as a golden rule, never share your keys to anyone, because even though you trust them, they might accidentally, leak or share the keys without knowing that its very important, greed will turn people backs around you i guarantee you that, in my experience, the person i trust before, hates me after we hit a jackpot on a certain coin, he now believes that he is better than anyone, he thinks he is better to anyone in the group.

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March 21, 2023, 10:33:52 AM
 #24

Trust is something people find very difficult to have when it comes to something private but we forget that nothing last for ever. The password or private pin you have with you can just be there while you're gone, to me is best you take the hardest decision go outside the box and trust that one person, I'd prefer your wife or girlfriend and you must be sure if that person is worth it...

R


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March 21, 2023, 11:17:42 AM
 #25

I completely agree with lovesmayfamilis and others. It's important to have someone you can trust with your cryptocurrency funds in case something happens to you. It's also important to consider the level of risk you're comfortable with. If you're young and healthy, it might be best to take control of your own investments and be your own bank. But if you're older or have health concerns, it's wise to have someone trustworthy to take over. It's all about personal choice and finding the right balance between security and accessibility.

However, I also think it's important to educate yourself on the best security practices for storing your cryptocurrency, regardless of whether you're entrusting it to someone else or holding onto it yourself. No one cares about your money as much as you do, so it's important to take the necessary precautions to keep your investments safe.

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March 21, 2023, 01:22:27 PM
 #26

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?
I am still struggling to understand what you're trying to point, OP. Though I kinda get it that you're asking on who you should entrust your Bitcoin and your private keys, right? Just think of it as giving your ATM card to others which you kinda already mentioned. Surely not a single soul would do that.

Even though the person you trusted the most including your wife, you may want to keep it secret for now until the "right" time comes for you to at least share a little bit of details about it but again it is your privacy that you might give away at the end.
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March 21, 2023, 01:42:37 PM
 #27

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?
so far I control my assets. no one knows what the key or seed is to open my wallet. I also thought what if something happened to me and no one would be able to access the assets in my wallet.
I'm still looking for the right person, but not for now. but I will teach how to use the wallet, not tell the key or seed of my wallet. and what I will tell you is where I keep my wallet key or seed. and what I can confirm after all the people I taught would not dare to open the place where I put the key or the seed wallet .



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March 21, 2023, 05:22:26 PM
 #28

Bitcoin wallets, private keys, and seed phrases are indeed like personal identification numbers, and it's important to keep them private and secure to prevent unauthorized access to your funds.

However, there may be some circumstances where you may want to share this information with someone else, such as a spouse, next of kin, or trusted friend or family member. If you decide to share this information, it's important to make sure that the person is trustworthy, understands the importance of keeping the information secure, and has a good understanding of how to use Bitcoin.

It's also important to note that sharing this information with someone else comes with inherent risks, as you're essentially giving them access to your funds. So, before sharing your Bitcoin wallet, private keys, or seed phrase with anyone, it's important to carefully consider the potential risks and benefits and make sure you're comfortable with your decision

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March 21, 2023, 05:28:15 PM
 #29

A person who you can trust with your crypto or assets anytime you ask for it and that goes the same to you if that person is also asking. A person who can guarantee the safety of your assets and never betray you. That kind of person is hard to find so I would say that's if you have a friend or a family like that then you are a very lucky person to have a person you can rely on or the most reliable person you know.

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March 21, 2023, 10:49:55 PM
 #30

We all know the importance of our keys and for that we can't share with anyone all less in most cases if is deem necessary before we could initiate that otherwise there's no need to share our keys and seed phrase to anyone else.
You can't entrusted your wallet to someone who might withdraw all your funds without you knowing who gets involved of doing that action, so it's advisable not share this important part of your life.
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March 22, 2023, 06:17:09 AM
 #31

How much trust you have into that person will determine that whether you can share your keys with them or not as it will give them full access of your funds.When there is money factor involved many relationships witnessed betrayal and your funds can be lost if they have some bad intentions.So my advice is you can tell them you have invested in Bitcoin so in case they can access funds if something happens to you.

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March 22, 2023, 07:12:26 AM
 #32

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?
You have a choice because if you truly understand the principles behind the private key, you will understand how important it is because it is the only key that controls your Bitcoin in your wallet, which means it is something private.
Giving your private information to someone, regardless of your relationship with that person, requires trust, which is especially important these days because some people we trust betray us, and once your Bitcoin is sent out, it is irreversible.

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March 22, 2023, 07:45:30 AM
 #33

When it comes to bitcoin wallets is totally a kind of private pants for females and boxers for male. Bitcoin wallets is like ATM pin which is assigned to individuals which banks do not respect another person on your behave. Is personal identification number, that's what bitcoin wallets, private keys and seed are. But to some point because of love, trust and spouse lips, we give out our details freely for this person to access.

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?
no need to think complicated for this problem.
You must have a relative or partner, if it's true that you want to share your bitcoin key, it should be with the person closest to you, who knows your struggle from scratch, who knows everything about you, namely your partner.

but I suggest if it's not important don't tell anyone about your bitcoin private key, such thing is very risky, it's better to keep your bitcoin key safe.

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March 22, 2023, 09:00:34 AM
 #34

Find someone you really trust, you can teach him if he don't know how to use it. It is necessary to share the private key with the second party, this is the same as a spare key. If the main key is lost, you can still start the car with the spare key. Everyone never knows how old it will be, before something happens to you, you need someone you trust who can take all the assets you have stored in your wallet.

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March 22, 2023, 09:36:33 AM
 #35

When it comes to bitcoin wallets is totally a kind of private pants for females and boxers for male. Bitcoin wallets is like ATM pin which is assigned to individuals which banks do not respect another person on your behave. Is personal identification number, that's what bitcoin wallets, private keys and seed are. But to some point because of love, trust and spouse lips, we give out our details freely for this person to access.

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?


It's okay to share your private key(s) with spouse based on trust and proven integrity.but to share these keys with someone that introduced you to Bitcoin is an emphatic No.as a matter of fact that's why it's called PRIVATE key,so it ought to be private.its even perfect to keep your private key(s) offline or rather secure them on paper wallet or hardware wallet rather than on a device to prevent your wallet accessed via the internet.this is so important because your private key is an integral part of cryptocurrency therefore my advice is that you need to treat with utmost caution just to protect your asset.
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March 22, 2023, 10:19:04 AM
 #36


Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?

Since your private key and seeds phrase are the things that can access your wallets, sharing them with others is not recommended since once someone has access to them, they can take control of your wallet. Because death can happen at any time and we don't plan for it, we only need to disclose your private key with trusted family members because we know it will be difficult for them to resist temptation and prevent them from betraying you.but as for me now have not disclose my private key to anyone because I have find  the trust person that is close be seriously.

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March 22, 2023, 10:27:38 AM
 #37

I agree with the others that it is more base on trust to know who is most reliable person. You can't just say that a person you know is reliable and sooner or later that same person have fooled you into thinking he is a reliable person that you can trust especially if you trust your private key or seed phrase to that person with a funds stored in there. Anyway, sharing your private key or seed phrase should not be the first thing you do rather than keeping it yourself to make it safe as possible as you could make it.

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March 22, 2023, 10:38:26 AM
 #38

I agree with the others that it is more base on trust to know who is most reliable person. You can't just say that a person you know is reliable and sooner or later that same person have fooled you into thinking he is a reliable person that you can trust especially if you trust your private key or seed phrase to that person with a funds stored in there. Anyway, sharing your private key or seed phrase should not be the first thing you do rather than keeping it yourself to make it safe as possible as you could make it.
I agree with the others that it is more base on trust to know who is most reliable person. You can't just say that a person you know is reliable and sooner or later that same person have fooled you into thinking he is a reliable person that you can trust especially if you trust your private key or seed phrase to that person with a funds stored in there. Anyway, sharing your private key or seed phrase should not be the first thing you do rather than keeping it yourself to make it safe as possible as you could make it.
I completely agree with you that sharing your private key or seed phrase should not be the first thing you do. In fact, it's generally recommended that you never share your private key or seed phrase with anyone, even if you trust them. Your private key and seed phrase are critical pieces of information that give anyone who possesses them access to your cryptocurrency wallet and the funds inside.
It's important to take steps to safeguard your private key and seed phrase by storing them securely, preferably in a hardware wallet or a cold storage solution. You should also never share them over email or any other insecure communication channel.
It's important to exercise caution when it comes to trusting other people with your cryptocurrency funds. While it's possible to verify the reliability and trustworthiness of some individuals through various means, it's important to remember that there is always a risk involved when trusting others with your funds. Ultimately, it's up to you to take responsibility for your own security and make informed decisions when it comes to managing your cryptocurrency assets.

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March 22, 2023, 10:57:43 AM
 #39

When it comes to bitcoin wallets is totally a kind of private pants for females and boxers for male. Bitcoin wallets is like ATM pin which is assigned to individuals which banks do not respect another person on your behave. Is personal identification number, that's what bitcoin wallets, private keys and seed are. But to some point because of love, trust and spouse lips, we give out our details freely for this person to access.

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
Better still between someone; who introduced and taught you about bitcoin, a friend or family member and your children who's most preferred and reliable person to give out our information about your bitcoin?

Does it really necessary to show gratitude by that way? Maybe think about your safety first before thinking about showing a gratitude like that to the person who teach you about bitcoin. Since good people can change to evil if money is involve in discussion so to avoid getting bad blood to the person who you think a good person better keep your keys privately. You can give them other things like a part of your earned money or gifts for sure they appreciate what you give to them.

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March 22, 2023, 03:42:01 PM
 #40

Who is most reliable person?

Nobody.. Protect your key with all that you got, if you feel like sharing your assets with anyone then send them some percentage of it and hold unto your wallet phrase with maximum security. If you want the text of a king thing then move all your money to the Banking sector, so that when you can no longer have access to the account your bank can send a message to your next of kin.
For security reasons, you are the best guard over all your crypto assets.

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