Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?
Everyone who is 'dead' serious about crypto knows that creating multiple hard copies of all keys and passwords and keeping it all in separate, but safe locations is just as important as knowing how to download wallets, manipulate wallet files, myetherwallet, exchanges, etc.
Not only that, but in my mind, if a man went to the trouble to make a crypto portfolio worth millions, without simultaneously educating a couple of his more beloved and trusted family members and leaving hard copies (I mean, we are talking about generation wealth here, right?) or electronic ones somewhere, gets what he deserves. It's called Karma. Those children of his will have to try to obtain independent wealth again during their cycle. Yeah, right.
Stories like this on their face sound like big-time fake propaganda. I'll bet the source was a mainstream one. Do you really think there are people out there that have millions of dollars to play with but are simultaneously so stupid as to become the centerpiece of an article meant to 'show' the masses how easily it is to lose millions in crypto - just like that. I call bullshit.
All this crap is meant to convince people they need guardians, bankers, more regulations, etc.
Don't fall for it.
Collect and hold. That and spread the word every day.