Welp, that didn't end well
6 years ago by acidzapps (67)
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I hope people use this as a reminder to let there loved ones know as well. Who knows how many thousands/millions of crypto have been lost already the same way. Mine isn't even 1000s, but if I died tonight my crypto holdings would be lost as well as I haven't taken the time to show my wife how to access them.
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I think about that too.. I'm honestly not sure how to do it all since it's all a bit complex and all over the place.
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I wonder if there will be a business develop around this in the short term. For x amount of crypto we'll safeguard your keys to share with your loved ones in the event of your death.
A lot of trust would have to be built by said company for that to happen though.
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Could be done with multisigs probably.
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My familiarity with multisigs is very limited, but from what I understand you'd think there would be a way or at the very least some sort of smart contract tool that could be developed if nothing else.
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There should already be a simple app made that takes care of this in my opinion - A 'will executor' app. My wife wouldn't know what to do but I assume she could ask someone. It would be useful to have a template made of all important information and keys that could be locked away somewhere with instructions on what to do or, who they can trust. There are people on Steem I would trust to help my wife.
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Give me your keys and if you stop posting, I will take care of it all for you. =)
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Hmm, I would... but you know what they say, never trust an Finnstralian.
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