Post
Topic
Board Development & Technical Discussion
Topic OP
in case of death; bitcoin deathswitch
by
fourna
on 12/04/2022, 17:24:50 UTC
I've been thinking about this for a while now and just randomly ran into https://www.reddit.com/r/nottheonion/comments/u1znfu/man_loses_his_entire_500000_savings_in/
on my front page.

There's already a bunch of coins lost because people didn't understand how wallets worked etc. before the seedphrase/non-deterministic era.

It should be mandatory to give (at least) three addresses upon wallet creation. Either from relatives or with a random option of a list/pool that maybe gets updated or selected at random, and triggered via deathswitch.
Why lose coins when you could recycle them? It's all code anyway, isn't that the whole purpose of automation and self-governance?

thoughts/cons?