How to Preserve Your Crypto Legacy Part 2 (Encrypted iPhone backup and restore using iTunes)
739 views · Published 1 March 2018 · 20:12 · Indexed 22 September 2026
Channel: The CryptoDad · 2018 · Science & Technology
ATTEMPT THIS TECHNIQUE AT YOUR OWN RISK! I CANNOT BE HELD RESPONSIBLE IF YOU LOSE YOUR DATA. This Video covers how to backup (with encryption) and restore your iPhone using iTunes. With specific focus on Google Authenticator settings. In this video series, the Cryptodad will take you through the steps necessary to preserve access to your Crypto assets if you should become unable to do so. It is extremely important to provide this information to your family in case of sickness, accidents, or death. There are currently no legal mechanisms for your family to claim your crypto assets even if they know you have them. The only way to ensure that your crypto assets pass to your family is to provide explicit directions to them in case of emergency. I am not a professional financial advisor. I cannot be held responsible for your financial decisions. The ideas and strategies discussed in this video should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Intro: How to Preserve Your Crypto Legacy (Make Sure Your Family Inherits your Bitcoin) https://youtu.be/5jlPLcEGvwU Part 1: How to Preserve Your Crypto Legacy (Assuring Your Family has Access to Your Phone) https://youtu.be/5KXJ28pbTj0 Part 2: How to Preserve Your Crypto Legacy(Encrypted iPhone backup and restore using iTunes) https://youtu.be/2GpGmaQheHU Part 3: Preserving Your Digital Legacy: Cryptocurrency Exchanges https://youtu.be/TalNmsa2Wpo Part 4: Preserving Your Digital Legacy or How to Make Sure Your Family Inherits Your Bitcoin (Hardware & Desktop Wallets) https://youtu.be/sbxYzbvdSwU New social Media links! Twitter: https://twitter.com/The_CryptoDad Facebook: https://www.facebook.com/TheCryptoDad Donate Bitcoin: 39VAcEXw9NvcwwsoM1yb9wL1PeCXbMr9Gy Donate Ethereum: 0xA827CEc6B789B73790724A27E854370EB6661d92 Donate Litecoin: LcCbeFDtQ66GF9rD2QSz8Rus7Xmz1PnmmG The access to your crypto assets fall into these major categories. Access to your phone. Passcodes, Apple ID password, email account passwords. Access to the information on your phone: iCloud backups (Apple ID password) iTunes backups (computer password) encrypted iTunes backups (computer password & iTunes encrypted backup password) Access to your Google Authenticator App You will need to provide instructions on accessing and using Google Authenticator. You should also store the printed backup codes for the app itself and the accounts that also provide printable backup codes. They should all be in a safe and secure place that your family will be able to find in case of emergency Desktop Crypto Wallets For the following desktop wallets, you will need to provide access to the recovery seeds and/or the wallet passwords Electrum Bitcoin Wallet Electrum Wallet Myetherwallet.com Bitcoin Core Wallet Litecoin Wallet Jaxx Wallet Exodus Wallet Monero Wallet Verge Wallet Paper Wallets You will need to store the paper wallets in a safe and secure place where your family will be able to locate them. You will also need to provide explicit instructions on how to access the funds. Crypto Exchange accounts You will need to provide a list of crypto exchange accounts that you currently store cryptocurrency on. For the following accounts, you will need to provide user IDs and passwords. You will also need to indicate the accounts that have 2-factor authentication enabled along with explicit instructions on using your chosen 2-factor authentication app. Coinbase GDAX Poloniex Binance Bittrex EtherDela Gatehub
