..and surely people are going to employ various different systems and balance their priorities in different kinds of ways, and surely some people run out of their wealth too soon and others maybe do not end up enjoying the wealth while living - whether they end up passing such wealth down might be another potential complication - even while dying with your bitcoins would not necessarily be the end of the world for the bitcoin community generally ends up profiting from lost bitcoins.. kind of the opposite dynamics of the fiat system in which monetary supply tends to devolve into various statuses of degeneracy that robs from people who hold their value in it.
@Jay you just saying the truth even if it get bitters. I should believe that any Bitcoin accumulated as an investment should have a second owner, generally investments are to be willed out and Bitcoin can not be an exception. Imagine all this years of growing and accumulating Bitcoin then eventually something bad happens, all your efforts is now considered as wastes.
Most persons never knew about this, we keep learning everyday and I believe this thread has taught me a lot
What are you going to do about it? Bitcoin is a new kind of an asset class, and a lot of people are going to die with their keys, either due to their neglect, or their not knowing or even their inadequate instructions to heirs.
At the same time, in bitcoin there are options to hold your keys yourselves or to keep them with third parties, so being able to hold your keys yourself can be quite powerful for both yourself and for passing your coins to others whether during your life time or after your death.
I am not going to argue with you about what should be done, because those kinds of arguments hardly make any sense, and people are going to do what they will with the power of bitcoin, and some people will profit stupendously, and others will end up making mistakes that they had not realized to be as BIG of mistakes as they ended up being, and one of those mistakes may well end up being not having adequate systems in place to pass bitcoins along after some kind of a brain damage (or similar incapacity) and/or death.