Gone Forever: ​Bitcoin, AltCoins, Asset‐Tokens, & Death

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If we died tomorrow would your family get your bitcoin, altcoins, and asset-tokens? The answer depends on you. Legally a answer is yes, unless your passwords, passphrases, and pivotal locations die with you. Without them, your crypto-assets will be inaccessible. Like bullion coins buried in a meadow, your family might know a value exists, though they’ll never be means to entrance it.

Perhaps this wasn’t a large deal, before bitcoin, altcoins, and asset-tokens had “real” value. However with bitcoin’s stream gratefulness surpassing US$6 billion, ethereum surpassing US$1 billion, and asset-tokens being grown with millions of try collateral funding, simply losing these resources is no longer an excusable outcome. Not for you, not for your heirs.

But estate formulation isn’t fun. Mortality. Succession. Who gets what. It’s easier to ignore, postpone, and check meditative about these things. However, distinct many other assets, there are no fail-safes with these coins and tokens. When your resources are hold by a bank (or any third party), a justice can simply sequence a bank to give those resources an estate executor (the chairman who controls a placement of assets) or even directly to named heirs. But with resources like bitcoin, a justice sequence is

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