I need some people to give advice on what they think of this idea from security perspective.
I am not a target, I don’t brag about bitcoin or tell people and certainly don’t say how much I own and live in safe neighborhood.
However I want to create a shamir and was thinking having 3 of 10.
I would keep 1 in home safe
1 in neighbor I trust well, family friend
1 my oldest son in different city
and 7 others with close friends
But I would only require 3 of the 10 to sign off transactions. People say write things down but I honestly don’t understand why these 9 other people why can’t I just orally give them on phone or in person the list, tell them to save on their google doc in the cloud, just save my name and I’ll tell them not to delete as I will need some time and when I do need I’ll tell them to tell me on the phone and not send me digitally.
It’s not practical that a hacker is going to ease drop on my phone calls and I could even be extra safe and call from different phones those people.
This seems a lot safer than writing this all done and giving them paper to save, it’s going to be much more prone to be lost.
Can you guys tell me what I’m missing here? Does this sound pretty darn secure or am I really missing something that’s a security flaw?