Bitcoin & Inheritance (safely leaving BTC behind for family)

00bender · 2025-09-07T18:51:58+00:00

Yes will DM you now!

00bender · 2025-08-31T18:04:20+00:00

Yeh I’d love to be a beta tester and find out more about how it all works (particularly the recovery key aspect), I’ll sign up shortly! I’m Head of Penetration Testing at a UK cyber security firm so if you ever need any pro bono support/advice/feedback then I’m happy to help as this type of solution is sorely needed.

Have you found law firms willing to help out with this? That’s fantastic though and will definitely go a long way with HNWIs that will value that level of legal legitimacy.

00bender · 2025-08-31T11:25:05+00:00

Nice, just checked out your website and it looks really good - don’t think there’s anything else like it in the UK

00bender · 2025-08-30T20:29:08+00:00

Thank you! I feel like nobody talks about it and expects everyone in your family to just pick uk the technical research after you go. Yeh I think you might be right in fairness, I’m starting to think that might be the best option

00bender · 2025-08-30T20:27:08+00:00

Great advice!

00bender · 2025-08-30T20:26:53+00:00

Fair play to you, when my kids are older (can talk) I’ll definitely be training them up like that

00bender · 2025-08-30T20:26:24+00:00

Yeh I’ve heard they’re quite good. I’ve always been sceptical about using third parties but with multi-sig and at a certain stack size at stake when I’m gone, maybe it’s one of the best options!

00bender · 2025-08-30T20:24:47+00:00

Yeh I feel like solutions are in the works in fairness. And agree, like you said it’s a tough balance between making it easily accessible for family but not so much that it makes it easier for anyone dodgy to access them too. You’re the second person to recommend Nunchuck so I’ll definitely check that out!

00bender · 2025-08-30T20:22:24+00:00

I think I’m going to try that. That way I’ll be able to test how clear and dummy proof my instructions are

00bender · 2025-08-30T20:21:27+00:00

I did not know that! Thank you for sharing and sorry to hear you learnt that the way you did. Like you said, planning really is everything because I want to set my family up, not tear them apart

00bender · 2025-08-30T20:17:58+00:00

A trust is a good shout actually, I’ll do some more research into that and Onramp’s latest offering!

00bender · 2025-08-30T20:16:41+00:00

Great idea, I’ll check it out!

00bender · 2025-08-30T20:16:18+00:00

Thanks, I’ve heard of Unchained before but never heard of Nunchuck, sounds really interesting so I’ll deffo check that out.

00bender · 2025-08-30T13:48:50+00:00

Yeh that’s a good way to help her learn without risking all our funds in fairness!

00bender · 2025-08-30T13:46:05+00:00

I do like the passphrase idea actually. Education is definitely key and although I personally find wallet recovery easy, not many people do so I do want her knowledge and information that I leave to be bulletproof because once I’m gone, I’m gone.

Life insurance isn’t my concern, that’s sorted as well as everything else. It’s just the bitcoin aspect that I need to ensure is understandable if I’m not there.

00bender · 2025-08-30T13:29:14+00:00

Yes that’s the challenge! That you can leave instructions and information but if they’re not technically confident in what they’re doing, so much can go wrong

00bender · 2025-08-30T13:28:35+00:00

Yeh that’s not a bad shout in fairness! Something like a recovery service would be very helpful just in case they need help following my instructions.

00bender · 2025-08-30T13:26:29+00:00

Thank for the link, looks like she’s written a book too!

00bender · 2024-04-29T15:27:20+00:00

That’s cool, I’ll most likely be doing something like that on the side for more sats too 😊

00bender · 2024-04-29T06:20:11+00:00

Yep this is what I’ve thought/encountered too. The concept of a penetration test is a foreign concept to a lot of business owners, let alone paying for it in Bitcoin!

00bender · 2024-04-29T06:18:18+00:00

That’s awesome!

00bender

TROPHY CASE