RE: RE: Time to starting planning safeguard's for SPinvest's funds
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RE: Time to starting planning safeguard's for SPinvest's funds

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5y

I’m very glad you brought this up. Only a couple of months ago I was asking about this.

I’ve always assumed you’d rather have all this decentralized, if for no other reason just to lighten your work load, but I haven’t been able to glean any info about how or when that switch can/will occur.

Totally understandable regarding the complexity of trying to consolidate multiple wallets/accounts.

Maybe rather than sharing seeds and keys you could look into a deadman switch that releases info when you fail to stop it until all this is run by a DAO.

That’s not to imply I have a hard stance on it, though. I think everyone here has good reason to trust your judgement.

So I guess the short of this is I am concerned that something could happen to you, say the ever-looming bus that’s out there for each of us swerves to miss that kid and tough luck for you, but I’m not concerned about a rug pull. No matter how much money you could run away with, you’d just be fucking yourself out of all the returns you’re putting in place. I mean, why steal a million dollars when you can balloon it to $100 million and eventually earn multi-millions in interest with no effort?

However, getting back to the bus and that little bastard playing in the road, I’d be very appreciative if you put these out periodically, as time permits, to keep us in the know about possible alternatives to our current system.

EDIT to add: Maybe we should consider dedicating some resources to a tax attorney or an accountant. I totally understand your position on the need to separate from your personal life. I manage some stuff for my s/o and I don’t like the idea of paying her taxes either. 👊