Clueless crypto guy: Low-tech security

Over the last few weeks I've been on a bit of a journey to learn some more about cryptocurrency concepts; Not trading, but more around security, currency-management and actually using it in the real world.

As a clueless crypto guy it's been fun because everything is new and wondrous. Sure, it might be mundane and obvious to someone already well-versed in the mysterious ways-of-the-crypto but for us clueless guys and gals...Well, it's all brand new and rather exciting and daunting too I guess.

What I've done

Recently I set up a Trezor offline-wallet and have been using it to familiarise myself with it. It syncs seamlessly with my Exodus wallet and is working well.✅

I also set up an account with Wirex and ordered my Wirex VISA card which will let me load traditional currency and cryptocurrencies to it for use in the real world in the same way I would use a normal VISA card. ✅

The next step

I've been talking with my brother about another aspect of cryptocurrency that I need to attend to and that's future-proofing it.

What I mean here is future-proofing my currencies against my death or total incapacitation. People die and people have accidents; It's a part of life.

You see, Faith won't know what to do with my crypto stuff...She lives a virtually analogue life and all of this crypto-bullshit is something she has no clue about. It's also a very complicated thing so showing her once and expecting her to replicate it in the future might be a big ask.

I came up with the idea of empowering my brother, the irrepressible @tarazkp, to act on my behalf in this area and so I'm handing all of my keys and seed-phrases over to him. From there, should I transcend to another plane of existence at any stage, he will be able to manage my holdings on Faith's behalf, dispose of them and transfer the funds to Faith when the time is right.

Future-proofing is what I call that.

My low-tech cryptocurrency solution tags.

Being an analogue kind of guy I am reluctant to use digital means to convey the details to my brother. I also wanted to make sure the information was kept more securely, indelibly, than on paper so I came up with a different plan.

See those tags above? They are little alloy plates, I suppose used for pet tags or some such. They are lightweight and can be threaded onto a keyring for safe keeping.

My plan is to use my Dremel to engrave my 24-word Trezor seed-phrase over several of them, say four words per tag, nuber them in order, and send them to him in Finland by mail. Not all at once mind you, but half in one package and half in the next some time later. That way if someone was to intercept them, and know or guess what they were, my phrase would be secure. One can't be too careful right?

Once T-dog (no one actually calls him that) gets them all he can collate them together and boom, I lose all the crypto on my Trezor! No, not really...He keeps them safe until they may be needed in the future. Basically, when I cark it. (Cark is Aussie slang for die).

I understand that one is not supposed to hand out their seed phrase to anyone however I can't think of another way to guarantee my funds can be accessed and dealt with if I have been spirited away to heaven, or dragged screaming into hell where I belong. Do I trust my brother? Naturally I do...Does that mean he will do the right thing? There's no assurances of that of course however I am confident he will. And if he wants my funds that badly then he's welcome to take them...I'll haunt his ass!

My low-tech cryptocurrency solution tags with my Dremel 3000. If you don't have a Dremel you need one, trust me, life is better with a Dremel.

I understand that emailing them would be way easier...He could print it and store it in the safe somewhere...But what if it was intercepted? What if! I could send it by WhatsApp or Threema, our preferred messaging app, but what if...You know?

I'm also going to send my hive keys in the same way so he could assume my identity, hack my account and write some awesome posts that I would be highly rewarded! That would be cool! Well, actually he wouldn't do that...But he would be able to initiate a power-down if I was incapacitated or dead, and would be able to deal with the funds appropriately. It would be cool for him to write a post on my account after I was dead though...Maybe a farewell from the G-dog post or something like that.

That's my plan folks. It's not very high-tech I know...Kind of basic in design really, but effective I think. I'm going to do two sets so I have a hard copy for myself here in one of my safes but the future-proofing scenario is more about me being incapacitated or dead and having the ability to get Faith the funds which may make a difference to her financially at the time.

What have you done?

I wonder how many people have lost cryptocurrency through not being prepared in this way? Some certainly; A lot quite probably. I don't want to be one of those people, not for me, but for my wife who deserves whatever I hold to come to her once I'm gone.

Is my idea a good one? I have no clue...I'm clueless remember...But I think it has merit and I'd certainly feel more comfortable knowing that my brother could look after things when I am gone. I'd be keen to know if any of you have done similar and if you have, how have you done yours? Please leave some comments as I'm interested.

If you haven't put any thought into what happens to your crypto when you're gone, which is probably a lot of you, then maybe it could be time to have a little think about it.

See that comments section 👇 down there...That's where you'll want to respond to me...Go on, engagement is fun, I promise. * Design and create your ideal life, don't live it by default - Tomorrow isn't promised.

Be well Discord: galenkp#9209