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May2024 - BTC| Miniscript Advanced Notes
ALL THINGS #Bitcoin asset protection
Do not procrastinate.⏰ A mere 2x or 5x in #BTC price will put massive pressure on a service-intense business such as this. Think about a 10x.
Self Sovereignity Check for your Hardest Money self Custody
1) Do you have #Bitcoin keys outside of your country of residence? 2) Do you have single points of failure in your #BTC custody setup? 3) Are you protected against somebody suing you for your #BTC? 4) Are you safe against spam, SIM card swaps, $5 wrench attacks, and in the best tax advantaged account? 5) Do you have #Bitcoin in your Roth IRA, 401k, SMSF, pension, and/or trust? 6) Could your spouse or kids access your #Bitcoin if you passed on? 7) Are your UTXOs in order? 8) DO YOU UNDERSTAND that when #Bitcoin does a 10x everyone that is procrastinating these things will simultaneously panic?
Technical References:
- https://thebitcoinmanual.com/articles/btc-miniscript/
- https://onrampbitcoin.com/bitcoin-inheritance-planning-secure-key-management-legal-title-transfer-strategies/
Legal References
- https://pto.mlaw.gov.sg/deceased-cpf-estate-monies/information-for-minor-beneficiaries/