TFTC: A Bitcoin Podcast #636: Insuring Your Bitcoin Against Wrench Attacks with Becca Rubenfeld
14 snips
Jul 7, 2025 Becca Rubenfeld, from Anchor Watch, specializes in Bitcoin inheritance and insurance, addressing critical security issues. She discusses the rising threat of wrench attacks and cryptocurrency kidnappings, highlighting the urgent need for effective risk management. The conversation delves into innovative custody solutions and the importance of transparent inheritance planning for Bitcoin holders. With a focus on insuring Bitcoin, Becca emphasizes how these strategies are becoming vital for traditional finance adoption and safeguarding digital assets for future generations.
AI Snips
Chapters
Transcript
Episode notes
Anchor Watch's Unique Security Model
- Anchor Watch's custody solution is a next-level security system combining unique custody and insurance.
- It challenges legacy multi-sig and offers an insurance model new to the market for cold storage Bitcoin.
Inheritance Plans Often Forgotten
- Becca personally tested traditional Bitcoin inheritance plans with her family and found many forgot key locations.
- This highlights how fragile and unreliable typical inheritance methods for Bitcoin are.
Foolproof Inheritance via Recovery Layer
- Anchor Watch uses a recovery layer involving Anchor Watch and a trusted recovery partner, Coin Corner.
- This makes Bitcoin inheritance foolproof, protected by TimeLock and insured multi-institution custody.