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Author Topic: Who is most reliable person?  (Read 623 times)
kawetsriyanto
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March 24, 2023, 09:19:51 PM
 #61

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?
Sharing Bitcoin private keys should be very careful. They can take your Bitcoin at any time if they are not trusted people. I simply don't share it with a friend, I only trust my family for a private thing. In my opinion, sharing private keys with wife or children (must be mature, 18+) is the best option. However, make sure you give some lessons to them, so they understand how to use it someday. Before you share private keys, you must share important knowledge with them as well. At least, they know how to use it and they know that Bitcoin isn't a bad thing for the future. Don't share to someone who dislikes Bitcoin/crypto!!  Grin


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March 24, 2023, 11:54:37 PM
 #62

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?
Pants is a general name for a piece of garment worn to enclose both legs and elongate to the knee. Underpants might be what your laying reference to here but, even underpants are made public and that you could easily find at the beach. This makes the analogy your trying to make a little out of place as, private key or seed phrases aren't supposed to be exposed in any circumstance to the public eye or a third party and you'll be cool wth it.

The fact that, your coin could be transfered without you even knowing whom might have done that, even though you could trace the address(es) in which the coin was moved is what makes the whole idea of letting any individual aware of your private key or seed phrase. It's a master code that could function in any reset nd that isn't in your best interest.



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Asuspawer09
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March 25, 2023, 01:14:29 AM
 #63

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?

We all should share our private keys with anyone no matter how we trust a person that's the general rule I mean it's privacy and you're the only one who should have control of your own wallet, but it doesn't really matter since its still your decision if you really trust a friend or your family you could easily give it to them anyway, when someone is teaching you bitcoin they should not know your private key they should tell you that your the only one you should know about that private key if he wants to know your private key that might be an issue because he might get your bitcoin in the future, he might have a plan already to steal your bitcoin in the future that's why he's teaching you how to invest or buy bitcoin.

I would understand giving your private key to your family since we need someone to inherit our bitcoin, but I wouldn't give it to them easily, I'll just write it down on a paper or notebook and then tell someone in my family who I trust that I have a bitcoin wallet.

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March 25, 2023, 02:29:09 AM
 #64

Trust is the most difficult thing to keep, you have to find someone who can hold the trust you give. Siblings can still be counted on, but not all of them can be trusted. You can also teach your wife how to use Wallet, in general she can be trusted because of her position as the mother of your children.
You have to find the right person to take care of the assets in your Wallet, I'm sure you can read all the characters of the people around in your life. Of the several members of your family, there must be one honest person.

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March 25, 2023, 04:40:29 AM
Last edit: March 25, 2023, 04:57:59 AM by Luffygroove
 #65

Oh, what interesting imagery! But I won't use that parable if I were you, haha. Why? Because it's not about the title (someone closer, maybe love, spouse, next of kin) that you've mentioned (which, in your figure of speech, probably can touch private pants for females and boxers for males). I don't advise sharing the private keys or seed phrases with anyone, but if you have to, IMHO, there are three conditions to fulfill before you share them with others. First, only share them with TRUSTED individuals. Second, share it with the person who NEED to know. Third, who UNDERSTAND the value and significance of protecting this information. So, depending on this criteria, I think you may consider more about who could know about the information. 

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March 25, 2023, 05:06:47 AM
 #66


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 was not a wrong move to let any of your family members know what you are doing but when it comes to the private keys or any information that will risk the safety of your investment or whatever it is, better to disclose it to them. Besides, it was not necessary unless you feel like you can't handle it anymore due to some health issues. As you know that money is tempting, but people become evil when it comes to that which is why you should be careful with your keys just for that sake. You can tell them about Bitcoin and nothing else.
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March 25, 2023, 05:14:54 AM
Last edit: March 25, 2023, 05:28:50 AM by macson
 #67

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?
this depends on yourself, if you trust the people closest to you then you can tell anything you know about bitcoin (including your own wallet), but i personally have the principle that i have to have a secret that only i know and will tell it to other people when the time is right.  We don't know what will happen in the future, it could be that our close relatives spread information to other people about the bitcoins that we have so that we become the target of criminals.  

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March 25, 2023, 07:43:10 AM
 #68

I don't believe it's a good idea to give your private keys or bitcoin keys to someone close to you while you are still healthy and young; doing so is a risky and easy way to make your life miserable because your bitcoin will be gone as soon as you do so to your son, wife, or any other person you truly trust, because these days, close friends and family members have the power to hurt you more than anyone else, and when it comes to wealth, it's very risky to do so, in my view, while you are still healthy, don't give your relatives access to your bitcoin private keys.

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March 25, 2023, 08:08:41 AM
 #69

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?
for what purpose do you want to do such a thing, if you want to give those keys or phrases on what basis, are you going to retire to trading, do you want to bequeath your assets.
if not so better keep the key phrase safe, so it's safer and more secure.
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March 25, 2023, 10:54:35 AM
 #70

...Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?..

You cannot keep a private key secret from your family members, as you must understand that the life of any person can suddenly end. In this case, along with death, the funds stored on the wallet and in which your family members will want will become unavailable.

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March 25, 2023, 12:21:04 PM
 #71

No one, if you think otherwise wait till you get hit hard, you will get up and learn so, your choice, as I am right now, I don't trust a soul, not even people around me because there are some cases where money caused a big stir in the family, there is no way you would know who is born greedy or not, maybe when I get married some day I can consider giving my private key to my wife and kids.

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March 25, 2023, 01:21:01 PM
 #72

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.
Lol love the word play in this and how you describe how Bitcoins privacy is to be respected Wink

Can we also show our bitcoin key to someone closer, maybe love, spouse, next of kin?
The fact that crypto can not be accessed by forced entry except in a few rare cases were a wallet can be brute forced and because of this it's only fair and unselfish that we pass this crypto onto the next ones without leaving these coins to be forever forgotten when family can make use of the crypto money.

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?
Let the kids have this as a present, with crypto being the future they are pretty much going to figure this out, better yet a mnemonic can be left with words being mambo jumbled with life events that they only can know answes too.

R


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March 28, 2023, 04:51:25 PM
 #73

To be honest it very difficult to give the bitcoin wallet to any of the following people you mentioned and I believe their all family members. Know that this people you mentioned can betray you at anytime. Let say for instance you gave the details to your wife, and one day she is asking you for money and you said to her you don't have and later you received a email telling you that you have transferred so so amount of bitcoin from your account, or marriage didn't wake out between you and her again and she already have access to your wallet, that means you are in great danger.

For your children and friends they can not be trusted too. They can turn to your enemy tomorrow. You have to keep it away from the person that introduces you, because anyone have their own blessing and have different destiny, if eventual you are doing better than him, not everyone have the mind of you great than them.

R


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March 29, 2023, 05:06:18 PM
 #74

It's important to understand that sharing your bitcoin private keys or seed phrase with anyone, including those closest to you, can pose a significant security risk. This is because anyone with access to your private keys or seed phrase has complete control over your bitcoin and can potentially steal or transfer it without your permission.

While it may be tempting to share this information with someone you trust, it's generally not recommended. Instead, it's better to take steps to ensure that your private keys and seed phrase are stored securely and that you are the only person who has access to them.

If you do want to share information about your bitcoin with someone, such as a friend or family member, it's important to do so in a way that does not compromise your security. This could include sharing information about bitcoin in general, or showing them how to use a bitcoin wallet without giving them access to your private keys or seed phrase.

Ultimately, the decision to share information about your bitcoin with others is a personal one, and it's important to weigh the potential risks and benefits carefully before making a decision

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March 30, 2023, 03:44:42 PM
 #75

My family either it can be my partner or parents or most likely to split between them but as of now I am not gave access to the seeds or private keys to anyone however I told them where they can find if I am not be able to tell them by myself while the catch is its under my custody and my siblings are the only persons where I stored them.

The person differs for everyone so there is no point of asking who is that person because its completely irrelevant to others.

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April 02, 2023, 09:32:11 AM
 #76

I don't get your question, does it mean you don't no whom You could rely on?, well You can only trust someone you are sure that will not betray you with your Bitcoin, but family members is mostly reliable and trust worthy because you would have known him all your life on how he is.

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April 02, 2023, 11:56:42 AM
 #77

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?
You should be aware that anyone can betray you, including members of your family or close friends, when it comes to sharing your private key or seed phrase.

Never give your private key or seed phrase to someone who has more Bitcoin knowledge than you do since they could easily access your money.

As your next of kin, you should ideally be able to trust at least one of your children or siblings to provide your seed phrase or private key because nobody knows when they'll die. Your life may be taken at any time by God.

R


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April 02, 2023, 01:32:55 PM
Last edit: April 02, 2023, 03:27:32 PM by SOKO-DEKE
 #78

It is clear that anyone that have our private key can access our wallet, with that we are advised not to share our private keys or anything that can make anyone have access to our wallets apart from us.

But we have no option rather than to share with trust once because death is not what we do plan for and it can occur at any fucking time without any notice. Death does not determine age or someone health condition before it occurs,so we have  to Share our share private key to love trusted once, incase we are no more life our love once can get access to our fund easily. But the only thing that is there is for we to get that closer trusted person to share it with, because money is a temptation and it can attempt anybody and nobody is above to betray,but it will be better for  our family to betray us than someone easily, and that is why we should share it with our husbands, wives and our unclear family. currently I have not share my private key with anybody but I have written it down on my diary at where those private keys are kept at different location but I make sure my dairy is not public.

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ancafe
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April 02, 2023, 02:04:57 PM
 #79

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 makes no sense to give someone else your private key and giving someone else your private key or seed phrase will give them access to your assets. You should carefully consider giving out the private key to someone else, as the risk of losing assets is much greater.

It's another case when you intend to bequeath these assets to your children or wife, I intend to give them full access rights someday, but first provide an understanding so that when they have access they don't use our assets for things that are harmed, for example such as selling to unfavorable conditions.
Lida93
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April 02, 2023, 07:00:42 PM
 #80

Your question is quite technical to give a direct answer as the issue of trust with bitcoin wallet is one of unending debate as to who and why such trust should be handed to with your wallet seeds phrase. We can't really see or way what the future holds in a relationship between people what the outcome might be so to be on the safe side you keep your keys to yourself despite the relativeness.




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