- Apr 10, 2020
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Have you planned to leave crypto for your family ?
Have you planned to leave crypto for your family ?
no one know for sure but for me crypto still haven't reach it top potentialIt is hard to judge the future of crypto after such long period.
always prepare a will with instruction and tell it to your wife. like check this if i die. otherwise a lot of your money will be taken by others. example insurance you think insurance company will take the initiative to pay you when you dead? and no one claiming?(at least in my country it is like that) they always find a reason not to pay. same witth your saving & investment. bank love taking your saving with no activity for years.They wouldn't even know how to access my wallet even if I left it, that's how much they know about crypto.
That will be the story of many people. I do not wish for this but is happens sometimes. It is obvious that couples will not share with small kids who cannot understand all this.My wife has access to the private keys. If we both die at the same time, that's unlucky. Crypto is lost
I guess you can create a smart contract where a 3rd wallet (let's say a child) has access to the funds only after a set period of time (let's say 30 years). In the meantime the owners have free access to everything.That will be the story of many people. I do not wish for this but is happens sometimes. It is obvious that couples will not share with small kids who cannot understand all this.