i also think this way  . usb's were already handy and perfect to store some data's including our private keys but there are still other device that can carry our private keys   .  though i believe that investors wont stop to invent portable stuff's and they could invent something that is smaller than a usb and micro sd's but still there would be adapter available so that we can still use our old devices    .  kudos to the man that do those said task  . hope he update us here in the near future  .

I think this is a better idea then wasting it on collage 
People often forget about their kids future because they simply trying to survive but if you don't save for your kids very early on then you may never. The fact you can create a crypto bond is very cool and ensures a trustless way to keep the bond intact until the date it releases. It would just suck if you cannot get the coins out and need to since the price is good. Im is unsure what you would do in that situtation.

If you store the private in the USB, make sure you do things.

1) Store your private keys in two different USB and store them at a different place. This is for the purpose that if one USB got corrupted, you would have a backup.

2)Do not store any other data on that usb and do not use it for your daily tasks

When you gift some satoshi to the younger generation, give them the USB and keep them saved in a locker where they can be accessed by everyone.

Initially, I was notified of this thread in a DdmrDdmr thread dealing with dying with your coins, and so in my post in a more recently created thread about transferring your wealth in light of attempting to prepare for death, I mentioned that I was planning to go through this thread, and so here i am.  I finally read through the thread, and it ended  up being different from my initial expectations.

Maybe if some of you might have heard Saylor suggest that there might be some consideration in terms of dying with your coins in order to thereby pass all of your coins on to the then existing bitcoin holders by making the bitcoin more scarce, and so I was thinking about this thread in that light - even though I ended up being quite wrong.

I got the sense that there was a bit of promotion of the cryptosteel idea, and some skepticisms regarding having too much reliance on technology and so a lot of that makes sense, as well as having back-ups and maybe no single point of vulnerability - which could even become problematic if you fail/refuse to tell anyone about your coins and so are they going to recognize the value of some piece of paper or even a piece of metal with some words on it, if they have not been given a certain amount of instruction.


I had initially merited adaseb's earlier post in this thread in which he mentioned the creation of some kind of song or poem or story, and even though I kind of thought of it as a bit dumb and complicated and vulnerable for some the reasons that o_e_l_e_o pointed out, o_e_l_e_o's post also reminded me of one of my cumbersome ways that I had travelled with a wallet at various times between 2018 and 2022, and even though I had some back ups in other places, I wanted to have access to that wallet on my various electronic devices including my couple of phones and a couple of computers that I had been traveling with in case any of them got taken I had that story that I had created on each of the electronic devices.. .. and I did not ever need to use it in any kind of an emergency situation, but there were several times that I had tried to go through and to figure out the key (and it was a 24 word key) from the story and the formula that I had created in order to identify the words, and I frequently got confused.   

But surely it was not easy to put together a story from those 24 words without it coming off as kind of weird and awkward and to still fit into a kind of way that I could figure out which were the words and what were their order.  It was some point in 2022 that I had come to a conclusion that the wallet was overly vulnerable, so I had zeroed out the balance of whatever funds were remaining in it.. but I did not quite come to the conclusion that the way that I had written the story was overly vulnerable. even though it was a bit of an awkward kind of a story and perhaps if the awkwardness of the story is identified, and then there might be a bit of an expectation that the 3000 words or whatever it was would have had been part of a 24 word seed, then maybe there could have had been some kind of algorithmic attempt to figure out the words - but at the same time, i sort of split them up into a few parts so all of it was not within the same story... so yeah, maybe I was more vulnerable than I thought, but it was likely one of those kinds of ways of storing private back up keys that was so complicated that if it was the ONLY way that I had to get at my wallet, then maybe I would have had ended up losing the wallet... For me it was ONLY a kind of back up way of getting  at those words while I was traveling at various points in time and even if I no longer had my hardware wallet, I could go buy one and then plug the 24 words into it at some remote location.. if needed. and to have enough funds to to take care of quite a few possible emergency situations that could come about and have some ability to be accomplished through bitcoin.


I agree with your overall sentiment coolcoinz, but your 100% certainty of a 10x price increase in 10 years is quite striking, even if you might end up being correct.

I do like the idea that you paint though - because several of the posters in this thread stated that we don't really know what bitcoin is going to do so anything can happen, blah blah blah.. bitcoin might go up and it might go down and its a coin toss.. and surely that is bullshit on the other side that could cause someone to either not invest into bitcoin or to engage in various kinds of trading or selling along the way or even taking unnecessary risks because "no one knows if bitcoin is going to be valuable" in 18-20 years.

I think that the point that you clearly are making, whether we talk about buying 0.1 BTC of a $7k bitcoin (which would be $700) in early 2020 versus buying 0.05 BTC right now of a $28k bitcoin, which would be $1,400, we still likely have good chances of being way up on our bitcoin 10 years, 20 years and/or 30 years down the road as compared with other places that we might have invested that same amount of value and just sat upon it.  We don't even necessarily need to get 10x in the next 10 years or even 5x in the next 10 years and 2.5x in the following 10 years and 1.25 x in the following 10 years, even though maybe i am understanding the asymmetric nature of the bet and the seeming decent likelihood that bitcoin is at least likely to keep up with inflation and surpass it in value, but like you mentioned, even if you end up being wrong, the most you are out is $700 in your case and $1,400 in my revised case of purchasing ONLY 0.05 BTC.

So a similar thing ends up being true in regards to if we might be passing down value, yet we cannot be really sure if the value is going to be up or down, but we still might presume that whatever value that we choose to put into bitcoin today that we have decently good chances that it will remain a good asymmetric bet, and it may well not even be true that we are locked into having to keep the value in bitcoin for 18-20 years or that we have locked ourselves out of the value (like a timelock) because there is nothing in the OP that presents the topic in that way, and probably any kind of safe, prudent, practicable and reasonable approach would include some kind of ongoing checking on the functionality of the keys from time to time. .. and surely people likely do get lazy in some of these kinds of matters and maybe wait too long before doing some kind of a prudent check of the ongoing functioning of the keys or maybe if these ways of checking would vary depending on what might have had been our storage mechanism...and/or the back ups.

It's a common problem with all self created schemes or ideas like this one. It seems obvious to you at the time, but skip forward a few weeks or months without thinking about it and you simply forget the intricacies of what you've done and make it very difficult to recover. To add to what I said on that old post you quoted - not only do you have to shoehorn your 24 words in to an awkward sounding story, but you'll also need to make sure none of the other 2048 commonly used words from the BIP39 word list are in your story. No point having a story which contains 100 words from the wordlist and being unable to remember which are the important 24 words.

If you need to carry a wallet with you, then a hardware wallet is the best solution for this. If you need to hide the fact you are carrying a wallet with you, then I would likely encrypt it inside a hidden volume which could be decrypted if forced to reveal some dummy sensitive data.

Thanks for being willing to introduce bitcoin to a certain number of people before you leave Mother Earth, I have almost gave up on introducing Bitcoin to people, illiteracy in my country have blindfolded many people around me, but a simple plumber who restores my water pipe issue brings back my lost zeal, he accepted bitcoin as payment and that got me good.

It's a shame that the majority of family members want to compete, they hope I fail and they want to be the last man standing, while I don't want to compete with any of them I just decided to leave them be, I mean, Bitcoin isn't something we can force on certain people, it's not because they won't understand, but their compete habit won't let them learn, after all what do I know?

The Lord is your strength @qiwoman2, my advice is we can't force Bitcoin on them, but we can always do our best and leave the rest, Bitcoin will survive, and many unborn babies will benefit, it will be a good view watching from the other side too but I pray we live longer to at least experience how things will unfold for Bitcoin.

Cheers.

This is what makes me really stop on telling people around me about Bitcoin on which it would really be turning out that im a bad guy on introducing things that really looks like an alien to them on which it would really be

just that ending up that you are really that tending to hook them on something dangerous which it do really sucks on having that kind of feeling on which our intents arent really supposed to be that way but it turns out that we are really that tending them to put people in harm which is really that totally the opposite.This is why i have decided that its better to be silent and would really be minding my own business and would really be continuing on what im doing in terms of accumulation. Im just letting that recognition and adoption to have its move since its something that cant be stopped. The thing that i dont really like is that im getting blamed
on something which i havent done and having those kind of regrets and bashes that i shouldnt have introduced something to them which it did really result in losing money.
Just let those youngster do able to learn up things neither by other sources or methods or paths.It would depend on a certain person if they would tend to fasten it up at least even on the smallest scale or type of introduction.

I've had the same reservations too. Part of me believes that bitcoin would endure and would remain relevant for years to come, but on the other hand I can't help but be pessimistic/realistic about the tenure of things and think that something else will surely take its place in the future, if not a whole paradigm shift of cryptocurrency and decentralized finance. Tools utilization is another thing as well, but with the trend that things are going to I think we'd still be able to use USB sticks with future computers, just bear in mind the fact that even though nobody uses those goddamned mouse and keyboard adapters anymore, computer companies still leave them up for some reason. I believe that if things go well and we don't kill ourselves with war, at least enough for us to see how things will go through in the future, we'd still be able to use regular old USB sticks, so trezor wallets are still relevant and all that.

There is some truth in what you are saying Blitzboy, and frequently I find myself telling people about bitcoin while at the same time suggesting that they don't come crying to me if they lose money on it or they fuck something up, and frequently people see my approach as NOT sufficiently advocating for what I am saying that they do because I am not standing behind it sufficiently enough... and yeah there is ONLY so much that any of us can do (including letting people know that they are responsible for their own decisions, including not deciding and not acting), and maybe sometimes we do end up getting more raveled into helping someone (and holding their hands) in way too many ways, and it can be a difficult balance because some people actually need some hand-holding in order to really get started enough and to a far enough place that they can be thereafter be let out on their own.

Also, how well might we know the person, and are they really listening?  If they are asking their own questions, then likely they are listening, and sure some people might not ask very many questions and they still might be absorbing some of the information, so it might take several follow-ups to confirm that they sufficiently understand the information that has been shared with them.

And even in the case of something like inheritance or passing down gifts, there may well be some value in following up 1, 2, 3, 5 years or more down the road to figure out where the other person may be and if they have sufficiently retained the information that might have been shared at a point or several points earlier.  

For sure interacting is likely way easier, but interacting can vary, so if you might tell your 10 year old about some bitcoin related information, and then you might not yet be at a point where you are comfortable with the 10 year old interacting with bitcoin, even though it could be possible to go down that road.. or if you are interacting with older relatives, some of them may or may not be willing to share some of their own finances, and they might have their own ideas that could get in the way regarding how to present matters or even trying to suggest that they "need to" learn something (technology) that might relate to something in which they already have  a lot of opinions and experiences (maybe not good opinions/experiences, but still).

Sure, there likely needs to be some motivation for learning and/or taking some steps to set up a wallet or to learn about how to use a bitcoin wallet if there happens to be "free bitcoin" inside, and maybe the recipient of the gift is not going to pay attention until the amount gets to be over a certain amount or they perceive some kind of value that they can get from the gift (the bitcoin) that they perceive to outweigh the costs upon them to have to learn or to have to listen to a parent who is "lecturing at" them.

Maybe the giver teaches the bitcoin recipient that the recipient has a duty to pass on and to hold the family legacy, and maybe that could be an incentive for some recipients to want to learn and to take on such responsibility.  Sometimes it is not clear how to inspire someone who might otherwise not be inspired or feel some kind of a need to learn.