bakasabo
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April 01, 2025, 07:03:02 AM |
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I find it surprising that nobody has selected a friend/friends, because sometimes these people are most honest, unbiased, incorruptible. I would put administration on a last place, because it is the most uninterested option in keeping what you value. A family is also a tricky selection. How many times we have heard how most close betray for their own benefit. And you know, trusting ourselves can play a bad joke to us. Nobody cancels emotions.
The one who should really be trusted a seed - a dog. Dogs never betray their owners.
Nah, I find it surprising how you can trust friends. You see your friends are honest, unbiased and incorruptible because you're not yet close with them. Just because you've with your friends for 10 years, you're already know them, nope. If all the activities are about playing together, going out, study together etc, these aren't enough to reveal your friends characters. You have to live with them for 3 months at least, hiking and creating a business together. Live together in order to know their daily character, hiking/extreme sport in order to know what their decision in hard times, run a business because it's about money. It only means that you have to be very selective and fully understand who you can call a friend, and who is a person you only know well. I dont remember any case that a friend somehow set me up or brought me any financial problems. I dont have hundred or thousand friend (but Facebook or other social media tell different), maybe only a bunch, but I can really trust those people. I had not a single example when they made me doubt them.
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Zanab247
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Free your mind
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April 01, 2025, 07:45:00 AM |
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Those of you who clicked "nobody" I feel sorry for you. At the end of the day, we are all going to die. This is not a matter of opinion, but unfortunately a matter of fact. We don't know when the day with our maker will come, but it's coming.
Establish a will or trust, it's a simple as that!
Some people don't use to think about emergency in their life, such as death, hospitalized, and kidnapp to pay some of big amount of money for ransom, and if you don't tell your husband or children were the seeds phrase is, you know what will happen next. Those that said nobody to tell their seeds phrase will be afraid of what will happen if they tell their husband or child were the seeds phrase is in the house and what will happen when crisis occur. Make sure you have someone you trust in your family, you can trust and tell about your seeds phrase and were to locate the seed phrase when he or she pass out from this world, and your efforts to achieve those coins will not be in Vail.
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SigCrypto
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April 01, 2025, 08:41:25 AM |
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I find it surprising that nobody has selected a friend/friends, because sometimes these people are most honest, unbiased, incorruptible. I would put administration on a last place, because it is the most uninterested option in keeping what you value. A family is also a tricky selection. How many times we have heard how most close betray for their own benefit. And you know, trusting ourselves can play a bad joke to us. Nobody cancels emotions.
The one who should really be trusted a seed - a dog. Dogs never betray their owners.
Nah, I find it surprising how you can trust friends. You see your friends are honest, unbiased and incorruptible because you're not yet close with them. Just because you've with your friends for 10 years, you're already know them, nope. If all the activities are about playing together, going out, study together etc, these aren't enough to reveal your friends characters. You have to live with them for 3 months at least, hiking and creating a business together. Live together in order to know their daily character, hiking/extreme sport in order to know what their decision in hard times, run a business because it's about money. It only means that you have to be very selective and fully understand who you can call a friend, and who is a person you only know well. I dont remember any case that a friend somehow set me up or brought me any financial problems. I dont have hundred or thousand friend (but Facebook or other social media tell different), maybe only a bunch, but I can really trust those people. I had not a single example when they made me doubt them. Trust doesn't just happen from a few short talks, you gotta really spend time with someone to build it up. Hanging out a ton, like sharing a place, doing a project together, or tackling hard stuff like hiking or super fun sports, shows you who they really are deep down. You can trust friends but you have to be very careful of who you pick. Even you've been friends forever it doesn't mean they won't let you down. Real friendships come from respecting each other and having those big moments that let you truly know them.
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FortuneFollower
Copper Member
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Merit: 24
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April 01, 2025, 08:46:10 AM |
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It only means that you have to be very selective and fully understand who you can call a friend, and who is a person you only know well. I dont remember any case that a friend somehow set me up or brought me any financial problems. I dont have hundred or thousand friend (but Facebook or other social media tell different), maybe only a bunch, but I can really trust those people. I had not a single example when they made me doubt them.
Agreed. It all depends on the person in question and what experiences you had with such a person. Everybody takes a decision whether to trust your closest friend or not.
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EarnOnVictor
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April 01, 2025, 09:11:26 AM Last edit: April 01, 2025, 09:25:32 AM by EarnOnVictor |
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What are the solutions?
There is no perfect solution to this, as the person must take a certain level of risk. It would have been lovely if such a person could keep the seed phrase all to himself, but eventualities and death may happen. Bank keeping is a good one, though expensive and you should never let them know it's the seed phrase, so keeping them in part is smart. A good law firm is another means to keep this, but like I said, in part, anyone can compromise. All these troubles are because spouses, relatives, or anyone may compromise, yet they must be part of this. So, just as you entrusted a part to a bank/lawyer, you can entrust the other part to anyone you trust most in your family. That will be the person who would link the pieces together in case of an eventuality.
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Minor Miner
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Merit: 1095
Need Loan?- https://bitcointalk.org/?topic=5561353
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April 01, 2025, 10:05:55 AM |
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I find it surprising that nobody has selected a friend/friends, because sometimes these people are most honest, unbiased, incorruptible. I would put administration on a last place, because it is the most uninterested option in keeping what you value. A family is also a tricky selection. How many times we have heard how most close betray for their own benefit. And you know, trusting ourselves can play a bad joke to us. Nobody cancels emotions.
The one who should really be trusted a seed - a dog. Dogs never betray their owners.
Nah, I find it surprising how you can trust friends. You see your friends are honest, unbiased and incorruptible because you're not yet close with them. Just because you've with your friends for 10 years, you're already know them, nope. If all the activities are about playing together, going out, study together etc, these aren't enough to reveal your friends characters. You have to live with them for 3 months at least, hiking and creating a business together. Live together in order to know their daily character, hiking/extreme sport in order to know what their decision in hard times, run a business because it's about money. It only means that you have to be very selective and fully understand who you can call a friend, and who is a person you only know well. I dont remember any case that a friend somehow set me up or brought me any financial problems. I dont have hundred or thousand friend (but Facebook or other social media tell different), maybe only a bunch, but I can really trust those people. I had not a single example when they made me doubt them. Even relatives, people who share the same blood or grow up with us can betray us, friends are nothing and not worth trusting. If we cannot trust our mother, wife or children then no one else in this world is trustworthy. Remember, they are human and have greed too, they have never betrayed you before but that does not guarantee that they will not betray you in the future. As Helena Yu said: try living with them for a while, building a career together and managing finances together and if it is a large amount. You will see their true nature will be revealed. For money, children can kill their mother/father, wives can harm their husbands, brothers and sisters can harm each other. So it would be a big mistake to believe that friends will not betray or harm us.
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fikrett
Copper Member
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Activity: 644
Merit: 17
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April 01, 2025, 10:09:35 AM |
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What are the solutions?
There is no perfect solution to this, as the person must take a certain level of risk. It would have been lovely if such a person could keep the seed phrase all to himself, but eventualities and death may happen. Bank keeping is a good one, though expensive and you should never let them know it's the seed phrase, so keeping them in part is smart. A good law firm is another means to keep this, but like I said, in part, anyone can compromise. All these troubles are because spouses, relatives, or anyone may compromise, yet they must be part of this. So, just as you entrusted a part to a bank/lawyer, you can entrust the other part to anyone you trust most in your family. That will be the person who would link the pieces together in case of an eventuality. Agreed through and through, but I would go to banks and firms only if there is doubt in your close people around you, because eventually, they would still have your funds and you don't know what will come of them.
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Helena Yu
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April 01, 2025, 01:45:40 PM |
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It only means that you have to be very selective and fully understand who you can call a friend, and who is a person you only know well. I dont remember any case that a friend somehow set me up or brought me any financial problems. I dont have hundred or thousand friend (but Facebook or other social media tell different), maybe only a bunch, but I can really trust those people. I had not a single example when they made me doubt them.
I do have friends which I think I can trust because I know them personally, they willing to help me and they never do bad to me. But, I have never live with them, we never create a business together and we never loan/lend to each other. Not sure how close you with your friends, but I don't want to take risk for doing that. I usually heard people said like this "don't mix friends for happiness and friends for business". Even relatives, people who share the same blood or grow up with us can betray us, friends are nothing and not worth trusting. If we cannot trust our mother, wife or children then no one else in this world is trustworthy.
Remember, they are human and have greed too, they have never betrayed you before but that does not guarantee that they will not betray you in the future.
Exactly, we were good with our friends a year ago, we know they never commit corrupt. But, humans are dynamic and they keep changing, a year ago they said friendship is number one, this year they might say money is the number one.
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arabspaceship123
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April 01, 2025, 05:24:41 PM |
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I know why ppl want to give seeds & info to their family while they're alive. They don't want crypto their wasted. It's the difficult decision you'll make in your life because you'll trust ppl with access to your finance secrets. If they want to control funds before you die you'll suffer.
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Ndabagi01
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April 01, 2025, 07:32:15 PM |
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The problem of seeds is obviously crucial. Can we imagine being the one and only person who knows what to do with these 12/24 words? How to keep them safe, but also how to pass them on to heirs or friends (so that they know what to do with them?). Informing others while preserving your own security can be a real challenge in some countries. And then there's betrayal, divorce etc...
What are the solutions?
You just have to tell someone that you trust and tell about it, there is no use keeping it out secretly forever and your loved ones or children that are suppose to benefit from the wealth don’t know about it. You can also make it in such a way that they can only access the seedphrase only when you’re no more. The issue of betrayal and divorce you made mention of are important things to look out for, so it is better one takes their time and find a solution to this before concluding on who to know or delicate an information so important like this into their notice.
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finaleshot2016
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Modding Service - DM me!
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April 01, 2025, 07:45:05 PM |
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Tbh nobody because it's your money, just leave a note with the seed on it incase you'll be gone, and they can gain on your investments. Of course it's a money, they can literally assist someone especially your family that in need of finance. But individually, no one can be trusted, you should manage your money, so it's not going to be difficult to decide when to sell or not because if they have knowledge of the seed, they will circumvent the decisions particularly if the family actually needs it. Always keep in secret your money investments.
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Y3shot
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April 01, 2025, 08:09:21 PM |
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I know why ppl want to give seeds & info to their family while they're alive. They don't want crypto their wasted. It's the difficult decision you'll make in your life because you'll trust ppl with access to your finance secrets. If they want to control funds before you die you'll suffer.
For those who think it is needful for someone to know about their seedphrase just incase anything happens in the future, it is not a bad idea but before one is taking any decision like this it is important for one to first examine the people around if they can be trusted to let them know about seedphrase but if they are not people that you can trust their is no need for anyone to have details of your wallet or even to know that you have a bitcoin.
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Hatchy
Legendary
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Hatchy managerial services
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April 01, 2025, 11:35:08 PM |
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~snip
It has to be someone we trust with our life. I don't think I would want to pass out such personal information to anyone right now. Even though we understand that life isn't as blossom as it seems and in a blink what happens next night be undefined we still might have to trust us with our seeds. There are so many ways we can do this, either using a dead man's lock or just giving your loved ones some kind of hints so when something happens, they will know what to do with your seeds.
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bakasabo
Legendary
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Activity: 3024
Merit: 1314
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April 02, 2025, 07:54:30 AM |
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I find it surprising that nobody has selected a friend/friends, because sometimes these people are most honest, unbiased, incorruptible. I would put administration on a last place, because it is the most uninterested option in keeping what you value. A family is also a tricky selection. How many times we have heard how most close betray for their own benefit. And you know, trusting ourselves can play a bad joke to us. Nobody cancels emotions.
The one who should really be trusted a seed - a dog. Dogs never betray their owners.
Nah, I find it surprising how you can trust friends. You see your friends are honest, unbiased and incorruptible because you're not yet close with them. Just because you've with your friends for 10 years, you're already know them, nope. If all the activities are about playing together, going out, study together etc, these aren't enough to reveal your friends characters. You have to live with them for 3 months at least, hiking and creating a business together. Live together in order to know their daily character, hiking/extreme sport in order to know what their decision in hard times, run a business because it's about money. It only means that you have to be very selective and fully understand who you can call a friend, and who is a person you only know well. I dont remember any case that a friend somehow set me up or brought me any financial problems. I dont have hundred or thousand friend (but Facebook or other social media tell different), maybe only a bunch, but I can really trust those people. I had not a single example when they made me doubt them. Remember, they are human and have greed too, they have never betrayed you before but that does not guarantee that they will not betray you in the future. Our sources of income or the way we earn does not crossover. With years we became to live and rely only on resources each of us have. Each of us follow own path. So there is no place for greed between me and my close friends. They are totally not interested in money. I might be wrong about them, but I hope I will never find that out. If its greed or money, then I see no point for them to betray me, because each of us are ready to help financially. Why would they steal money, when we always can cooperate and help. I know them for +35 years, and would be stupid if money would ruin such long friendship.
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arabspaceship123
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April 02, 2025, 02:22:01 PM |
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The problem's about the ppl around you. It doesn't mater how much you'll examine them because giving your seed isn't a small task it's a big gamble. You wouldn't give crypto seeds to ppl unless you knew they wouldn't steal the crypto from you but if they betrayed you there's nothing you'll be able to do. For those who think it is needful for someone to know about their seedphrase just incase anything happens in the future, it is not a bad idea but before one is taking any decision like this it is important for one to first examine the people around if they can be trusted to let them know about seedphrase but if they are not people that you can trust their is no need for anyone to have details of your wallet or even to know that you have a bitcoin.
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hero_the_bossman
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April 02, 2025, 02:45:34 PM |
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The problem's about the ppl around you. It doesn't mater how much you'll examine them because giving your seed isn't a small task it's a big gamble. You wouldn't give crypto seeds to ppl unless you knew they wouldn't steal the crypto from you but if they betrayed you there's nothing you'll be able to do. For those who think it is needful for someone to know about their seedphrase just incase anything happens in the future, it is not a bad idea but before one is taking any decision like this it is important for one to first examine the people around if they can be trusted to let them know about seedphrase but if they are not people that you can trust their is no need for anyone to have details of your wallet or even to know that you have a bitcoin.
That's why I think there should be only one such person, if any. It may be your closest friend, your relative, or somebody else - but it shouldn't be someone you only know for a long time, it should be someone who was tested with time and different situations in your life.
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arabspaceship123
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April 02, 2025, 03:23:07 PM |
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You would've betrayed your family if your best friend unfortunately runs away with the crypto with out giving it to them. It's a high risk level of trust to put on a friend or relative. I wouldn't give them to banks or lawyers so the choice's are limited to husband wife son & daughter. That's why I think there should be only one such person, if any.
It may be your closest friend, your relative, or somebody else - but it shouldn't be someone you only know for a long time, it should be someone who was tested with time and different situations in your life.
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hero_the_bossman
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April 02, 2025, 03:26:10 PM |
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You would've betrayed your family if your best friend unfortunately runs away with the crypto with out giving it to them. It's a high risk level of trust to put on a friend or relative. I wouldn't give them to banks or lawyers so the choice's are limited to husband wife son & daughter. That's why I think there should be only one such person, if any.
It may be your closest friend, your relative, or somebody else - but it shouldn't be someone you only know for a long time, it should be someone who was tested with time and different situations in your life.
That's why such a person should be tested before giving him such a responsibility. Sure thing, anyone can run away or betray - but we should look out for the brighter outcomes  It's the test of the relationship between you two, sorta.
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Fiatless
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Leading Crypto Sports Betting & Casino Platform
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April 02, 2025, 03:45:32 PM |
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You would've betrayed your family if your best friend unfortunately runs away with the crypto with out giving it to them. It's a high risk level of trust to put on a friend or relative. I wouldn't give them to banks or lawyers so the choice's are limited to husband wife son & daughter.
There are some friends that can be trusted more than a wife or otter closer relations. Some close family members can kill for the money while some friends are reliable. It is better to give to a bank for safekeeping than to lose it because you don't trust anyone.
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fikrett
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April 02, 2025, 03:49:56 PM |
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You would've betrayed your family if your best friend unfortunately runs away with the crypto with out giving it to them. It's a high risk level of trust to put on a friend or relative. I wouldn't give them to banks or lawyers so the choice's are limited to husband wife son & daughter.
There are some friends that can be trusted more than a wife or otter closer relations. Some close family members can kill for the money while some friends are reliable. It is better to give to a bank for safekeeping than to lose it because you don't trust anyone. To each - his own. I do hope that, in the end, there will be a solution of such a question for everyone, and a reliable one at that.
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