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    Author Topic: If only property I have is bitcoin  (Read 816 times)
    synchronym
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    October 14, 2023, 10:32:57 AM
     #41

    We have to imagine some life mystery as we are living, have you asked yourself of investment profit and investment loss. The mystery is behind the both when it occurs. Right now I'm thinking to myself of my investment and if only investment i have is bitcoin, and when I'm no more who will manage my bitcoin investment and how will my family know about my bitcoin investment, when  I was ill, I was asking myself series of questions in my mind.

    > should I show my family my seed phrase ?
    > If I die who will take over my bitcoin since nobody knows my seed phrase?

    So I'm asking if it will be good to show any of your family person your seed phrase or should we keep having the secret of your seed phrase personal.


    op your post makes me think that if we are no longer on earth who will handle this bitcoin then we all should teach bitcoin to someone in my own family about bitcoin . If you have many relatives of your own, you can give them some idea about Bitcoin. If ever you are no longer in the world then he can work on your bitcoins as he thinks.  And since bitcoins are very confidential, if you don't have someone you trust, you don't show them your bitcoins. Then if you trust someone then you can share with him and if you don't then there is no need to share. In general, let him know a little bit about bitcoins so that he can protect your bitcoins better in your absence.
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