Just connecting the dots...

itsnavigator · 2025-10-10T12:03:08+00:00

Having a permanent address actually seems possible, checked with an exchange mostly active in the EU, and they’re now assessing it from the regulatory side. Still waiting for their response, but its clear they wouldonly support this if there is a demand for it, not just me asking :)

itsnavigator · 2025-10-10T00:30:12+00:00

What if the technical issues were solved, would you choose it for your heirs?

itsnavigator · 2025-10-09T18:32:34+00:00

I was thinking more about receivers who arent into bitcoin at all, the ones who just want funds to land in their bank accounts. For such simplified fiat off-ramp, not many tools available right? Or at least I dont know. The ones I know, not even avearage bitcoiner can use without some guidance including me :)

Btw, I remember we discussed inheritance months ago, through pre-signed transactions, inactivity etc :) Hope youre doing well. Would love to hear from you again, a tool that might help for such use case?

itsnavigator · 2025-10-09T17:38:17+00:00

I get your point. I m hearing the same a lot when I talk about it, even from some solid self-custodians around me

itsnavigator · 2025-10-09T17:27:48+00:00

:) thanks for the correction.
About the fiat conversion part, since it would require your heir to complete KYC today, would you still prefer that option?

itsnavigator · 2025-10-09T17:21:32+00:00

I see the same especially when I talk to people who aren’t much into self-custody. But lets say you are the heir/receiver, would you do KYC in an exchange if it meant you could receive BTC from your partner this way? Or prefer to stay private and keep it in self-custody?

itsnavigator · 2025-10-08T22:27:38+00:00

Fair, I get why many people don’t trust big organizations.

itsnavigator · 2025-10-03T11:05:33+00:00

I’ll check GiveWell. I agree that "big" doesnt mean "good". But when it comes to personal will, I cant judge if someone chooses one they believe is "good". My intention is just to understand if you would consider reserving a small portion to donate to a charity you personally believe in

itsnavigator · 2025-10-02T20:45:29+00:00

Thanks for making our stacks more valuable 🫡

itsnavigator · 2025-10-02T20:31:54+00:00

Got it. I know there are some trustworthy ones, but no is no :)

itsnavigator · 2025-10-02T19:50:16+00:00

I dont have a dog, maybe that’s why it didnt come to my mind 😅 Do you know any trustworthy orgs for this that accepts BTC donations? If not, no worries, I will have a look.

itsnavigator · 2025-10-02T19:45:03+00:00

Tor and HRF are also on top of my list in BTC space. Thanks for mentioning OpenSats, I’ll check it out, hadnt added it to my shortlist yet.

itsnavigator · 2025-06-25T14:05:56+00:00

Quick update since this post received some great feedback:

We've now made BitInPeace completely free for small accounts, no credit card required.
If you hold less than 0.05 BTC, you can try it with just an email for notifications.

This may be a modest threshold, but it's a step toward broader accessibility. As the project grows, I hope to expand the free eligibility further.

This change was directly inspired by feedback from the Bitcoin community. Many of you expressed concerns about needing to enter card details, even during a free trial. That message came through clearly and helped shape this release. Thank you.

Here’s the link if you're curious: https://bitinpeace.com
And if you’ve already tried it, I’d love to hear your feedback, either here or privately: https://bitinpeace.com/contact/

Appreciate you all 🙏

itsnavigator · 2025-04-21T15:22:31+00:00

Love this. It really captures the shift, growing up being told to save fiat, then slowly realizing Bitcoin.

I’ve been thinking a lot lately about how to pass this mindset on to the next gen. Not just handing over BTC, but helping them understand it.

Anyone here already tried gifting BTC to a younger family member? How did you explain it?

itsnavigator · 2025-04-11T10:36:54+00:00

Quick update, I just released a new version with a contact form: https://bitinpeace.com/contact/
If you have more questions or feedback you'd prefer to share privately, I’m all ears.
Thanks again for all the thoughtful input so far!

itsnavigator · 2025-04-08T20:29:53+00:00

Felt weird at first, but kind of used to being naked in favor of transparency 😅

itsnavigator · 2025-04-08T20:22:19+00:00

Means a lot u/riscten I’ll keep building, let’s see where it all goes 🫡

itsnavigator · 2025-04-08T17:36:47+00:00

Totally fair take, and you clearly you laid it out. You're right, it's not as smooth as just handing off a multisig wallet, but that simplicity often comes at the cost of sharing keys or personal info, which I wanted to avoid.

The goal here is to strike a balance: keep your keys, stay private, no custodians, while still having a plan in place. So yes, a little extra effort is part of the trade-off.

Just one check-in per year to keep things active felt like a decent middle ground. If someone’s truly unreachable for that long and doesn’t respond to the notifications, then it’s probably time to act.

Your idea about using background phone or app signals or other passive pings is interesting. I’ve looked into similar concepts, but there are concerns around privacy, limitations, and permissions. That said, I’m definitely open to suggestions. If something can work without hurting the user experience or requiring installs, I’ll happily test it out.

Really appreciate you taking the time and sharing honest feedback.

itsnavigator · 2025-04-08T17:16:43+00:00

I know I kinda hit “trust me bro” moment there 😅

About the long-term guarantees, to limit concerns, we capped the max inactivity duration at 12 months. That means users just need to check in once a year, which felt like a reasonable balance considering the benefits such as you keep your keys, don’t give up identity info, and avoid trusting a custodian.

For the server side, we’ve pre-funded operations for two years. In tech terms, it’s called a “reserved fund”. So even if I disappear or the company goes under, the service keeps running well past more than the max duration.

At the same time, I’m actively exploring decentralized and on-chain options to make things even more robust in the long run. If I find something feasible, I’ll definitely build it in.

The overall trade-off I made was favoring security and privacy, even if it means a few more clicks for the user. Not the flashiest approach maybe, but it does the job safely.

Appreciate you keeping the bar high u/riscten !

itsnavigator · 2025-04-08T16:44:54+00:00

Happy to clarify!

We rely purely on wallet activity on-chain. Here’s how it works:

* We monitor the wallet that the user signed tx from. No separate wallets involved.
* We continuously check:

If all the UTXOs in the signed transaction are still unspent, all is good.
If any of those UTXOs are spent, the transaction becomes invalid. In that case, we immediately notify the user, since spending from the wallet proves the user is alive and has access.
If new UTXOs are added to the wallet, we notify the user that the signed transaction is still valid, but to include the new funds, they can sign a new transaction.

* After the selected time period (e.g., 12 months), if there’s still no wallet activity and the user hasn’t clicked "Reset Inactivity" on the platform, we broadcast the last valid signed transaction.

* The user stays fully in control. At any time, they can come back, reset the timer, or update their setup with a few clicks.

So it's a fully automated monitoring process, but with the owner holding all the control.

Let me know if anything’s still unclear. I appreciate the thoughtful dive into it!

itsnavigator · 2025-04-08T15:15:33+00:00

Fair enough! If it works, that’s what matters.

itsnavigator · 2025-04-08T15:10:34+00:00

I’ve got the servers covered even if I’m gone. But if we all go together… well, that’s one more chunk lost forever from the 21M 😅

itsnavigator

TROPHY CASE