I have come to stay in this community and thought of one thing which has been bothering me.
Relating from our traditional banks where a bank customer dies and all his assets remains unclaimed by his relatives. I was once told that there was a bank manager who withdrew funds from there customer dormant accounts hopefully that the owners are dead as those account has been dormant for years without any form of activity on the account, it happens when no relative knows about the account for them to lay claims.
Similarly to bitcoin what happens in the event of my dismissal since no relative knows about my investment. It doesn't really make sense if my family can't enjoy my wealth. Will it be lost or is it good to entrust someone incase I'm no longer there?
Bitcoins unlike money and assets saved in banks, are left in the customer's wallet in the case of demise over a long time without been claimed by anybody who does not have the user's logins. Most users leave their Bitcoins for years, with the mindset of it to appreciate immensely.
Thus, the case of user's demise is similar to keeping bitcoins for years without withdrawal.