Trust: who can be trusted to keep your seeds?

[john_egbert]

No one but just me. Then i just save it somewhere safe that could lead someone from my family to check if ever i passed away. No one in my family used and have the knowledge to use bitcoin in technical way as i did. I need to make a little instructions on how to do the importing/exporting for them to recover it.

Yep.
You are (as any other person out here) the only one who can have his custody in his hands and to secure it.

[Hatchy]

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?

Yea, it's said to be your brother's keeper. So we are expected to share tip to others on how to secure the future of their crypto investments. But what happens when those people we try to help end up turning against us and try to do bad stuffs to use. To me, the best thing is to stay low and only inform those you trust about your BTC  investment. If you trust your wife or kids, you can drop off some kind of tips for them, so they would be able to know what to do what something happens in the future that's not expected.

[Spaceman1000$]

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?

Who to trust has always been a dicey issue when it comes to seed phrase sharing, as issues of betrayer and divorce between spouses can happen and your coins might be compromise, however there's no true solution to this issue as you will have to find solution yourself, except you decide not to tell anybody, which is to say, you seed phrase dies with you. But one of the major reasons why they need to share your seedphrase with a trusted fellow within your circle is that, it's so that they can easily access your coins in case of any eventuality, for those that have kids you can as well put it in your will that should be read after your death so your children can access it.

[fikrett]

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?

Yea, it's said to be your brother's keeper. So we are expected to share tip to others on how to secure the future of their crypto investments. But what happens when those people we try to help end up turning against us and try to do bad stuffs to use. To me, the best thing is to stay low and only inform those you trust about your BTC  investment. If you trust your wife or kids, you can drop off some kind of tips for them, so they would be able to know what to do what something happens in the future that's not expected.

It's about being humble.

If you are not, surely, bad things would happen eventually.

[lovesmayfamilis]

If a person does not have someone in their circle to whom they can trust to keep their seed phrases or tell them where and how to use them in case something happens to the real owner, then I consider such a person very lonely and unhappy. If you do not trust anyone, then one day a situation may happen that everything you save will disappear into the abyss. We are mortal, and a person leaves this world empty-handed. However, if there is someone who can inherit everything you have, you will be remembered well. Living alone and being selfish and distrustful, for me, is comparable to the emptiness and aimlessness of this life.

[FortuneFollower]

If a person does not have someone in their circle to whom they can trust to keep their seed phrases or tell them where and how to use them in case something happens to the real owner, then I consider such a person very lonely and unhappy. If you do not trust anyone, then one day a situation may happen that everything you save will disappear into the abyss. We are mortal, and a person leaves this world empty-handed. However, if there is someone who can inherit everything you have, you will be remembered well. Living alone and being selfish and distrustful, for me, is comparable to the emptiness and aimlessness of this life.

Some just can't find a person to trust / to love, other than your family. And then again, not each family is a happy one, the one with which you would want to cherish any moment and for them to inherit anything.
But I agree with you overall.

[arwin100]

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 need to find trusted attorney that will handle this situation since they are the one who could set up something and tell to your heirs that they inherit something from you. For sure with this you can ensure that you have legal protection and can make sure that everything will be distributed according to your will.

Telling someone will not guarantee anything since they might dazzled with that wealth and became greedy then decide to owned everything without sharing it to other people that you like to distribute your left wealth to them.

Go to your nearest attorney and ask for legal advice about this.

[red4slash]

Trust is important so in this case we must really trust completely if you want to share your seed if you really want to try to be open. But for now I'm still avoiding that because for me it's still not necessary. Not that I'm not preparing for the worst but at the moment I still believe that the seed or phrase wallet that I have right now is enough for me to know without anyone else even though maybe in the end in the future I will share this with the closest person or maybe my partner but for now I am still quite able to keep this alone.

On the other hand, for now my partner also knows that I am a bitcoin holder but he just knows without wanting to do anything including interfering because in the end he also believes that I can still save it.
As long as in the end there are not some things that could be the worst possibility in the end, why give our seeds to others if we still don't fully trust that person.

[Apocollapse]

As long as in the end there are not some things that could be the worst possibility in the end, why give our seeds to others if we still don't fully trust that person.

Do we even know when we will die?

Today we're in fit condition, very healthy, eat well, go to work, work normal like the daily routine, but during we drive to back home, someone drive really fast and hit our car. You drive very gently and safely, but the one who hit you were drunk, which mean no matter how good we taking ourselves, we never know how long we can live.

You need to find trusted attorney that will handle this situation since they are the one who could set up something and tell to your heirs that they inherit something from you. For sure with this you can ensure that you have legal protection and can make sure that everything will be distributed according to your will.

Go to your nearest attorney and ask for legal advice about this.

In this case, people should be ready to lost their privacy.

Just like the way you inherit your money in banks, they need to know where do you get those Bitcoin and they will tax it (inheritance taxes).

[Z-tight]

This has been discussed a lot of times, and the answer remains the same: there is no definite answer. If i have a wife i trust with my life and i hand over my seed phrase to her in case something happens to me, i cannot give mr X the same recommendation because i don't know what goes on in his home, his wife may run away with another lover and take his money with her, lol.

If you think you have found a suitable inheritance plan, implement it, if you have not, keep your seed phrase to yourself until you have found one, do not rush it so you do not regret your actions later on.

[hyudien]

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?

Everyone principles must be different, right? Here I choose Family as the only one who can be trusted to be the second hand in holding the seed recovery. Some people out there think that we should not trust anyone but it depends on how much trust there is. For me, who else if not family, I earn a living for them and don't want to be selfish about finances. Therefore the closest people have the level of trust to hold the seeds of bitcoin asset recovery are only them.

[Synchronice]

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?

A few decades ago, I'd say trust your spouse but right now? No way! Doesn't matter how good relationship you have, there is always a big chance that the spouse will cheat. Let's take footballer Kaka for example, his wife cheated on him because he was the perfect person for her and she couldn't handle it. Ter Stegen's wife cheated on him with personal trainer. So, you never know what's gonna happen. I think that today it's necessary for men to have some privacy when it comes to money because divorce is very common nowadays and women get more benefits from it than men. This is the reason why I always advocate for memorization. If someone can't memorize, that's okay, stick with other methods but for those who have very good cognitive abilities and very good memory, I think that they should consider memorization (12 words only), especially if they have no one to trust. I won't talk about memorization methods because I've talked about it so many times I'm tired to repeat again.

[GiftedMAN]

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?

Yea, it's said to be your brother's keeper. So we are expected to share tip to others on how to secure the future of their crypto investments. But what happens when those people we try to help end up turning against us and try to do bad stuffs to use. To me, the best thing is to stay low and only inform those you trust about your BTC  investment. If you trust your wife or kids, you can drop off some kind of tips for them, so they would be able to know what to do what something happens in the future that's not expected.

Trust is a difficult thing to do in the world we find ourselves right now because of the high rate of betrayal and distrust people have witnessed but in a world where there are so many blind men I think the one eye man should lead the way and others should follow. In the family there is a particular person whom we should trust it could be your brother, your son, daughter or nephew if you find any of the names worthy to be trusted with such information then you have no reason to withhold the information from any of them. I didn't mention your wife because some of them will take advantage of the information they have been given to destroy the man so they can continue with their life and enjoy the labor of the man. Trust can get you killed but having no one you trust can end up making you lose everything you worked for.

[Muba20]

Everyone should share the seed phrases under their control with a trusted family member. Man is mortal and accidents can happen at any time. If a family member is aware of the keys, then there will be a way to get those assets in the future, otherwise they will be lost forever. I have shared my seed phrases with a family member who will never misuse them. Sharing your assets with others is not as safe, but still someone must be trusted. The person I have shared my security keys will never try to find them while I am alive. But he or she will have the opportunity to use them in my absence.

[GreatArkansas]

Talking about this topic, for as long as I live, I want nobody to know my seeds/private keys.
But is there any way or method, once I die, that's the only time that my family or close ones can turn over my seeds and instructions on how to access my funds? So my funds will be use even I'm not around anymore.

[tread93]

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?

I've talked about this in several other posts over the years. The short answer is that it's risky business in any event to transfer the keys to anyone because anything could happen. I've even thought of a bitcoin insurance policy but that would ve tricky for insurers. What would be cool is to keep them on a cypher or some kind of riddle that only your family would know. Something like the ending scene of the movie "the pacifier " iykyk

[FinneysTrueVision]

SLIP-39 mnemonics would seem like a possible solution that would allow your family to recover your wallet if you died, but it has a point of failure if one of the shares is lost or your relatives lose contact with each other and they don’t have enough shares to recover the wallet.

There is also Liana Wallet, which uses multisig and timelocks to allow somebody to recover your Bitcoin after a certain period of time. There is possibly some drawbacks with this solution also, but it seems like the best option available if you don’t want to trust a custodial service.

[KiaKia]

I might sound very cold saying this, but I believe in speaking the truth.

I don’t trust anyone, not even my own family. My brother has betrayed me several times, all for the sake of money. How can I entrust my private key to someone like that? He is family, but that doesn’t change anything.

To me, money and family should never be mixed. If you do, you risk betrayal, or even worse—the possibility of harm.

Keep your private keys to yourself; they are meant to be kept private. Avoid discussing your assets with friends and family. People aren’t interested in what you offer them; they want what you possess.

[Despairo]

I thought I'm weird, but after I read many people posts, I'm thinking like "this is literally me".

This might be the reason why most adults are alone, less empathy, talk less, and avoid to get close with new people. Because if someone talk more, have high empathy, welcome to anyone and spend much time with friends, it will increase the chance they will reveal secret thing and the friends will take advantage over from that secret.

We earn money as much as possible for yourself and we choose to not reveal our wealth to anyone, sometime we think it has no point since we grind so hard and not use all of hard earned money we make, but it's much better than knowing someone use all of your money.

[HajiBagi]

No one but just me. Then i just save it somewhere safe that could lead someone from my family to check if ever i passed away. No one in my family used and have the knowledge to use bitcoin in technical way as i did. I need to make a little instructions on how to do the importing/exporting for them to recover it.

I think save it somewhere that if you pass away your family will know about it and have access to it but at this point when someone is still alive good health, no one is be trusted this day because even family sometimes will be against you when they know you have something important holding, we have see where a family member do everything in other to see the downfall of a person, I don't trust anybody when it comes to money matter or something very important to for people.

Even when I have a child none of them will know about my seed phrase because it is also a dangerous thing, children now are born with wiseness and stubbornness, knowing about your seed phrase is very dangerous in their hands because they can even listen to the advice of friends and get access to your wallet and take you down to zero, the best a way to save your seed phrase without not having a problem is to save it like a document in a place where only someone you trust you can tell that there is something there and don't let the person know that it is a seed phrase.