How many coins are you confident in to still do well after a couple of years? After you have already passed away? How many coins would you want to pass on to your children? For me, the answer is bitcoin. It is one of the few, if not the only one, I am confident that will still have good value over 10 or 15 years or maybe even more. It has always been a topic of discussion how to pass on the bitcoins we are holding now when we pass unexpectedly or not.
Well, Binance founder CZ has suggested a function to be used in binance where one can set up a will and put in a contact to which the coins will be given to after you have passed. Either the coins will be passed to your trusted person if the account is inactive for a specific amount of time or your family can submit a death certificate. This sounds to me a fool proof function. Could there be downsides to this function?
See
here.
I don't think anyone will want to dump bitcoin over altcoin, I believe bitcoin has come to stay, bitcoin has been test and trusted over the years now, many who has invested into shitcoins are regretting some has lost huge amount of money when shitcoins pump it dump and even go zero but as we can see bitcoin has been appreciating in value over the years now and those Investors who has been accumulating some years back will be filled with joy to see the price now. I too have confidence in bitcoin and it
will continue to grow as years passes and it a perfect coin to keep.