Crypto Keys

Words
111
Reading
1 min
Listen
Play
8y

What happens if.... if the worst happens and you or me or anyone is not around to provide passwords or keys to our crypto fortunes?

Coinbase are promoting the idea of backing crypto keys up on iCloud or Google cloud services.
The problem comes when something happens to that individual.

If paper wallets are kept in a fire proof safe, at least if the safe can be opened then funds are accessible.
Every other electronic solution, either giving the keys to a trusted person or organisation, or having the value lost in the ether of the net forever.

I'm just not sure I trust Apple or Google with the family inheritance

https://www.coindesk.com/coinbase-wallet-to-feature-private-key-backup-on-google-drive-icloud