So I’d like to ask the community how you have personally prepared for the possibility of loss? Do you have an inheritance plan? Have you implemented multisig or other secure fallback systems?
Most of the newbies has to know this and I think, they're able to research that if the keys are gone, then their funds are lost forever if they don't ever have a back up. I wouldn't make things complicated for myself and for my family if ever I pass this world. I'll just simply leave them the backup that I have and will teach them at the right time on how they can import the keys and likely they'll just sell the BTCs that I've accumulated over the period of time. Although many have I've already sold too early but still, they're going to thank me someday with that.