This thought have been bothering me for a while and I feel we can discuss it here. Many people that are building their Bitcoin portfolio are doing it to also save for the coming generation. However, how this wealth will be transferred to the heirs and the next generation and how this wealth will be preserved without being lost or causing problems still remain unclear.
I understand for other tangible assets, a
WILL can be written to be revealed when the time is right. But for Bitcoin, I don't know how this can be done as it may require revealing the secrete codes of the wallets or storage device. Is there any other way this can be done?
My thought was captured in my comment in
this thread but I felt to raise a topic for most discussion. In case this topic have been discussed, I will be glad to be pointed to the thread.
I think that the idea of Bitcoin is that over time, more and more BTC gets lost, forever unable to be claimed. In a sort of way this is a deflation mechanism which boost the value of Bitcoin due to the fact that the Bitcoin supply decreases more and more over time. So everyone else's coins go up in value and this is a good thing. I personally hate the idea of heritage. It has caused a lot of problems in the fiat world and we can see this with all the disgusting billionaire hoarders. Why the hell should anyone get money that they never earned? Do we need more Rockefellers? More ultra-rich, corrupting the world, financing both sides of each war? Screw that. A person should get what they earn, no more and no less.