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Storing away BTC for my 2 year old for the next 16 years
Hello friends. What is the best way to generate a new wallet address and seed phrase so I can take the necessary measures to make sure my child is set once they turn 18? I know all the security measures to take, not digitizing the keys, stamping it into a metal plate, etc. but creating the new wallet is where I'm unsure. I own a ledger device and I think I could use that to generate a new wallet, but would I be able to restore my own personal wallet once I'm done fixing up the new one I'm not sure if that's how it works..? Thanks in advance submitted by /u/Fit_Trifle2469 [link] [comments]
Hello friends. What is the best way to generate a new wallet address and seed phrase so I can take the necessary measures to make sure my child is set once they turn 18? I know all the security measures to take, not digitizing the keys, stamping it into a metal plate, etc. but creating the new wallet is where I'm unsure. I own a ledger device and I think I could use that to generate a new wallet, but would I be able to restore my own personal wallet once I'm done fixing up the new one I'm not sure if that's how it works..? Thanks in advance
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