Quote from: xkatarinax on January 22, 2019, 07:24:07 PM

Quote from: Kelvinovie2 on October 05, 2018, 01:51:13 PM

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?

I didn't ever think about it, because I know that nothing will happen to your crypto if noone will find your private keys. This is logical. I have 2 people in my life whom I trust, they know how to find my private keys. So my crypto will not die with me.

By giving knowledge to trusted families, crypto can provide benefits to them, besides knowledge and also give crypto assets before they die.
This needs to be done for survival, in this way crypto will have a generation and will not die.