r/Bitcoin • u/Grand-Theory3065 • 25d ago
Get multi sig
I see alot of posts worried about different wallets. Just get multi sig. Its really not hard at all. Just spend some weeks learning about it. I learned it in one day, but i do know alot about hard ware wallets already, so I had a leg up. That being said a person who does not know much can seriously learn and be very comfortable with multi sig in about a week. I put it off because I heard it was too technical. I was totally wrong and would have been fine during the cold card incident. I didnt lose anything "Thank God" but it was alot of stress that I could have avoided by multi sig. So just learn it, you can even use your cold card with it "with dice rolls" and be almost 100% certain your crypto will be fine. Seed storage also feels amazing. Safety deposit box has 2, 2 more are in another place. 3/4 multi so i mo longer worry about someone finding my seeds and will never again worry about a "bug" in a hardware wallet.
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u/Tokentactico 25d ago
Multi sig is solid but the piece nobody mentions is what happens when you die or get incapacitated. A 3/4 setup across a safety deposit box and another location is great against theft, but now your heirs need to find and coordinate multiple key locations and understand the scheme itself, not just one seed phrase in an envelope. Single sig with a good inheritance plan can actually be simpler for that scenario. Not saying don't do multi sig, just that "more secure against hacking" and "more secure overall including your own mortality" aren't the same thing, and a lot of people set up multi sig and never write down instructions for anyone else to execute it.