That is literally not fucking true. They could each hold their own keys, one could, two could. There are a lot more than one single way for keys to be managed. And I think it's retarded to delegate key management for an entire family to a single person. At least a single key. A multisig setup would be better, but still far from the ONLY way.
Think a little. It won't kill you.
Woulda shoulda coulda. Reality is different and one is enough. Do your parents hold keys? Grandparents? Children?
Yea. I thought so...
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