Post
Topic
Board Project Development
Re: Cold wallet transmissible to my heir in a trust-minimized fashion.
by
ilovecoins2014
on 05/12/2019, 11:07:26 UTC
What if someone goes to jail for 13 months ... and you go out of business the day the person is incarcerated? 12 months is too short, there has to be a way to do it without relying on the company.

12 months would be sufficient in the use case you mention since our longest plan lasts 12 months. Therefore, assuming the person originally purchased a 12-month plan and goes to jail the next day for more than 12 months without access to her/his wallet, then, after 12 months, her/his heir will receive the information to take control of her/his wallet.

As I said earlier, if we stop activity tomorrow, we will obviously stop accepting customers. And from then on, we will keep an Amazon instance active for 12 months to send out any pending information to heirs (the cost of doing so for a year is insignificant, i.e
I agree that no solution is perfect. However, most people still have no solution to transmit their wallet to their heir after their death. Our solution is easy, affordable, flexible (you can enjoy your wallet till the end and change your beneficiary at any time), non-custodial, anonymous, and non-exclusive. Indeed, beyond our service, you can also put in place additional backup solutions.