If at some point in time I come across death, how would I actually preserve my crypto for other family members to enjoy? I mean, this should be a concern to every crypto enthusiast since all the money they've earned over time could easily be lost without the ability to be recovered by someone else. The decentralized nature of crypto, leaves us responsible of protecting our own funds no matter what.
Which is why, I'm eager to know which are the best practices to preserve my cryptocurrency in case I die in the future? Any recommendations or suggestions will be highly appreciated. Thanks in advance.
Which is why, I'm eager to know which are the best practices to preserve my cryptocurrency in case I die in the future? Any recommendations or suggestions will be highly appreciated. Thanks in advance.
I actually just made a post about this about 3 hours before you posted this question. You can check it out here.
Basically, if you want to look into using a blockchain service, I recommend checking out [/url=https://t.me/safehavenio]Safe Haven.[/url] They are close to releasing the BETA version of their Safe Haven Inheritance Platform (SHIP) which may be out by the end of this year. Basically, their platform allows you to interact with legal entities and make your crypto inheritable to your beneficiaries.
DISCLAIMER: I'm invested in Safe Haven and it is mainly because they are the first to explore this issue and create a solution for it.