Re: Ripple enthusiast with $1 billion in XRP dies - nobody has keys/passwords !
There is a topic in the serious discussion forum about this exact thing.
https://bitcointalk.org/index.php?topic=4290183.0
I think it is something that needs to be addressed in some kind of formal manner. I'm surprised there is no service or product designed to specifically tackle this problem yet.
Yeah, it really should be addressed seriously or people should start taking such things serious. That is a lot of money to let go to waste just like that. Now, I am sure even his family will not forgive him for making such a grievance mistake and they would wish he comes back from the dead to make amends. https://bitcointalk.org/index.php?topic=4290183.0
I think it is something that needs to be addressed in some kind of formal manner. I'm surprised there is no service or product designed to specifically tackle this problem yet.
I would actually beat him back to life if I am his son. Jokes apart though, there are ways to store assets, and private keys can be stored in those ways, which I believe a lot of people should start taking into consideration.