What will happen if 21st Capital Is no longer operating?
21st Capital is committed to empowering you with full control, so you remain in charge of your assets, come what may.
At 21st Capital, we prioritize ensuring that you always have access to your Bitcoin holdings, no matter our operational status. Our solutions are built to provide users with full autonomy and security, in line with Bitcoin’s core principle of self-sovereignty. Here’s how we ensure this:
Open Source Smart Vaults
Our technology is fully open source, meaning it can be downloaded, run, and maintained independently. This transparency ensures that the software remains accessible and usable even without 21st Capital. Users can seamlessly operate their vaults without relying on any third-party provider.
Independence in Managing Your Vault
Managing your vault does not depend on 21st Capital. By design, we are not custodians; our mission is to respect user sovereignty and champion Bitcoin’s core value of self-custody. Our vaults empower you to access and manage your funds independently, without any third-party intervention.
User-Controlled Recovery Paths
The recovery paths in our vaults are entirely user-controlled, set up using keys owned by you or trusted individuals like family or friends. This structure ensures that recovery processes function smoothly, without any dependency on 21st Capital.
Smart Backups
For those onboarded through 21st Capital, we guide users to establish at least one self-managed recovery layer. This layer serves as a reliable fallback, ensuring that you can recover your assets independently of our services. The Smart Backup feature, an optional additional safety layer, is rarely needed due to its design as a last-resort measure. The chances of losing all keys and recovery options, including inheritance paths, are extremely low. Smart Backup users can confidently migrate to a new vault system if 21st Capital discontinues operations.