The most important part of any cold wallet is the mnemonic phrase (seed phrase) that it generates. This key is what will allow you to sign transactions.
In the scenario that the Ledger device does not work, or is no longer available, the mnemonic phrase can be used in any other cold wallet that supports BIP39 mnemonic phrases.
So the best way to ensure your heirs inherit your precious #Bitcoin? Stamp your mnemonic phrase in titanium/steel and bury it in your yard.
btcmaxi
npub14m…fryur
2023-04-17 12:03:09
in reply to nevent1q…h50s
Author Public Key
npub14mqlx5p85hefe7auwkmxssvapvmuhz094p0dezvzh9fhpcjj9p0q0fryurPublished at
2023-04-17 12:03:09Event JSON
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"pubkey": "aec1f35027a5f29cfbbc75b668419d0b37cb89e5a85edc8982b95370e252285e",
"created_at": 1681732989,
"kind": 1,
"tags": [
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"content": "The most important part of any cold wallet is the mnemonic phrase (seed phrase) that it generates. This key is what will allow you to sign transactions.\n\nIn the scenario that the Ledger device does not work, or is no longer available, the mnemonic phrase can be used in any other cold wallet that supports BIP39 mnemonic phrases.\n\nSo the best way to ensure your heirs inherit your precious #Bitcoin? Stamp your mnemonic phrase in titanium/steel and bury it in your yard.\n\n",
"sig": "f7aced7eca7389469fca1f9a0814c0b285043eac4f8a018c283c573e25a6f2b10f63e1418af0676dddddf0f67824e9289cde137f4e1aad8708c788170d46242e"
}