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Re:Get Your Shit Together by thesteamboat on Tuesday May 19, 2015 @07:59PM (#9573909)
You only need to keep the master password at bank; you can freely update/distribute the encrypted file.

Some sort of secret sharing scheme [1] seems like it would work well here. You can distribute parts of a key so that any 3 of 5 people (or whatever) can work together to recover the key. Unfortunately I don't know of any practical way to do this without kludging together your own system.

1: https://en.wikipedia.org/wiki/Secret_sharing

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