Scope, Risks & Important Information

Bitcoin and self-custody involve significant risks. Collaborative security can reduce avoidable failure points but introduces coordination requirements. By engaging with our services, you acknowledge awareness of these and other risks:

• Volatility: Bitcoin price can fluctuate sharply; you may lose some or all of your capital.
• Total loss: Lost keys, forgotten passphrases, or unrecoverable seed backups can result in permanent loss of Bitcoin.
• Key compromise: Theft, phishing, malware, or physical coercion may compromise private keys.
• Operational error: Incorrect transaction details, address reuse, poor device handling, or user error may result in loss.
• Third-party platform risk: Hardware wallet vendors, coordination software, exchanges, banks, and communication platforms may fail, change terms, suffer outages, or become unavailable.
• Inheritance and family coordination risk: Beneficiaries, executors, trustees, or advisers may misunderstand instructions, delay action, or fail to coordinate properly.
• Identity and authorisation risk: Fraudulent requests, impersonation, compromised email, or social engineering may affect transaction workflows.
• Fee and tax consequences: Payments, transactions, transfers, or disposals may create tax, accounting, or reporting obligations depending on jurisdiction.
• Cyber threats: Software vulnerabilities, exchange hacks, or social engineering can lead to loss.
• Regulatory changes: Laws and tax treatment of Bitcoin vary by jurisdiction and may change.
• Coercion and incapacity: Situations involving duress, dementia, or other incapacity may complicate access and recovery.

We design systems to reduce avoidable failures through collaborative security, documentation, and education, but we cannot eliminate risk.