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Ensuring a Secure Future for My Children with Bitcoin
I have two children and have created Bitcoin wallets for both via bitaddress.org. Are the generated wallets "secure," and can Bitcoins only be withdrawn using the private keys that I printed? I have deposited 0.00025 Bitcoin into both wallets as a test via Phantom Wallet. Will the wallets expire at some point, or does the money stay there indefinitely? Can you check these wallets? https://www.blockchain.com/de/explorer/addresses/btc/12TD1Et54xgHqHq9giVfJuzRMYhAUAJ4Jw https://www.blockchain.com/de/explorer/addresses/btc/1Pxpd3YCBHfTKfXyQNaucNcfcHFhYwFfPe Is it secure to store the private keys in paper form in a bank safe? I want the Bitcoins to be safely stored for the next 10 years. How can my children withdraw the money from the wallets in the future? I can only find providers that require their own wallets. I couldn’t figure it out myself. What if no provider exists in 10 years to withdraw from these wallets? Where can the wallets be imported? Over a 10-year period, does investing in Bitcoin provide a better return than keeping money in a bank account? I have terminal pancreatic cancer and want to leave my children $1,000 each. How can I ensure that my children will have access to these wallets later? I want to make sure that my remaining savings safely reach my children. My goal is to leave my children more than I can currently provide. submitted by /u/RichWorldliness6328 [link] [comments]
- I have two children and have created Bitcoin wallets for both via bitaddress.org. Are the generated wallets "secure," and can Bitcoins only be withdrawn using the private keys that I printed? I have deposited 0.00025 Bitcoin into both wallets as a test via Phantom Wallet. Will the wallets expire at some point, or does the money stay there indefinitely? Can you check these wallets?
- https://www.blockchain.com/de/explorer/addresses/btc/12TD1Et54xgHqHq9giVfJuzRMYhAUAJ4Jw
- https://www.blockchain.com/de/explorer/addresses/btc/1Pxpd3YCBHfTKfXyQNaucNcfcHFhYwFfPe
- Is it secure to store the private keys in paper form in a bank safe? I want the Bitcoins to be safely stored for the next 10 years.
- How can my children withdraw the money from the wallets in the future? I can only find providers that require their own wallets. I couldn’t figure it out myself. What if no provider exists in 10 years to withdraw from these wallets? Where can the wallets be imported?
- Over a 10-year period, does investing in Bitcoin provide a better return than keeping money in a bank account?
- I have terminal pancreatic cancer and want to leave my children $1,000 each. How can I ensure that my children will have access to these wallets later? I want to make sure that my remaining savings safely reach my children.
My goal is to leave my children more than I can currently provide.
[link] [comments]
