Post
Topic
Board Serious discussion
Re: Who Controls your Crypto Funds after Death?
by
shield132
on 21/06/2019, 15:45:41 UTC
Funny, strange but yet so real, right?

So if one dies, all the money will get stacked on blockchain and exchanges?

I have about 90% of my funds in crypto and was just wondering over the above?

If you tell your wife, she might kill you and enjoy it with the boyfriend lol &
Hahaha yh and you can't trust even your family....

If they don't kill you probably because they are good siblings...once they know you have much, demand will go high lol

Many will say why not write a will, why not tell a friend etc.. 

But one needs to do this,  I know we all might have our opinions,  let's share and see if we can come to a uniform and decentralized solution....
If we think that way, then maybe one day you'll drink a lot, get black out and who knows what you'll do with your bitcoins.
Well, I agree with you at some point, there are some tasks that are always with us and for some people, bitcoin and their wallet can be included too. Bitcoin needs some changes and one of them really is what you stated, I think that wasn't considered at the moment because who knew if bitcoin would become so famous.
There are two chances what will happen in future:
1. Your coins will be lost, supply will decrease and price will increase to protect demand/supply rule.
2. It will be changed and every unmoved coin will get dead but this will happen for example once in every 100 year or years that bitcoin needs to be fully mined, imagine bitcoin needs 100 year for mining, then every unmoved coin will get dead in every 100 year and they will be mined again.