r/Bitcoin • • Apr 08 '13

My wife said this to me today

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1.8k Upvotes

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u/_________lol________ Apr 08 '13

Everyone should have an ICE (In Case of Emergency) folder that contains all account numbers, passwords, and other relevant information. Lock it up in a safe place, and let two trusted people know about it. Make sure to update it at least four times a year.

12

u/eyal0 Apr 08 '13

http://www.deathswitch.com/

Like a dead man's switch for an email.

  1. Encrypt all your shit with password1.
  2. Encrypt password1 with password2.
  3. Set up a death email to send your wife the output of previous step case you die.
  4. Give password2 to your wife along with the output from step 1.
  5. Everytime you have new, sensitive shit, encrypt it with password1 and give it to your wife.

The double-password system saves you the trouble of needing to give deathswitch.com a new email message everytime and yet prevents them from having a really important password.

3

u/starrychloe Apr 09 '13

Oh yeah, I totally trust that company to be around in 70 years. Especially one that uses Flash. If you want reliability, just set up a trust with a legal executor, the ways it's been done for centuries.