Have you ever wondered what will happen to your cryptocurrency when you die, for those holding huge funds, what have you put in place to make sure your kids or family benefit from your crypto savings.
This is quite fascinating because if you know someone with huge crypto savings and he gave up the ghost, I wonder how such families would benefit from his savings since he alone has the private key to his/her wallet.
I guess this is one reason some user still prefer banking Institutions, because they made provision for next of kin unlike crypto.
So my question is what happen to those crypto when the owner of such wallet is no more and no one has access to such wallet?
this discussion has been numerous and has become a never ending conversation. I think there are lots of threads about your question.
the solution, you make a will and make data in an external hard drive or flashdisk that contains the wallet's private key. yes give it to someone you trust when something happens to you. That is all