Introduction Bitcoin has become an important asset, and as more people acquire it, it is essential to consider the process of passing it on to heirs. In this article, we explore two main approaches to Bitcoin inheritance: self-custody (cypherpunk style) and self-custody with additional third-party assistance. Each approach comes with its own set of considerations, benefits and challenges. It is important to mention that all set-ups mentioned in this article are self-custody where you have full control over your bitcoin. I am not describing full custodial solutions as they are big threat to every individual and have more downsides than upsides.
Navigating Bitcoin Inheritance
Navigating Bitcoin Inheritance
Navigating Bitcoin Inheritance
Introduction Bitcoin has become an important asset, and as more people acquire it, it is essential to consider the process of passing it on to heirs. In this article, we explore two main approaches to Bitcoin inheritance: self-custody (cypherpunk style) and self-custody with additional third-party assistance. Each approach comes with its own set of considerations, benefits and challenges. It is important to mention that all set-ups mentioned in this article are self-custody where you have full control over your bitcoin. I am not describing full custodial solutions as they are big threat to every individual and have more downsides than upsides.