🔥🔥Have you ever thought about transmitting your cryptos to your death?🔥🔥

in #cryptocurrency7 years ago (edited)

Hello Steemians

Five years ago, Matthew Moody died when the two-seater plane crashing over a canyon in Chico, California.

His father, Michael Moody, knew that his 26-year-old son owned Bitcoins - worth thousands of dollars today - but had no idea how much he had or how to find them. Michael Moody has spent the last three years searching for answers to his questions.

The decentralized, unregulated nature of Bitcoin means that without the keys to access his son's digital wallet, hosted by blockchain.info, Moody has no way to access funds.

source information: bloomberg

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You would not want your descendants to be deprived of what is legitimate for them ??

🔥I found this solution in a cryptocurrency forum:🔥

" All my private keys are in an archive, with the way to use them and also access to Exchangers on which there is still cash.This archive was encoded in AES256 and written on three SD cards and USB sticks that were stashed somewhere.I told a trusted person where he could find these SD cards if something happened to me. That day, he recovers them and gives them to my descendants.
This person is not aware of anything but I just ask him to memorize a "password" that he absolutely must keep for him.I told him that one day it would serve him well. This password will be used to open the AES file."

🔥 There is also another solution:🔥

There is a company that has looked into the subject, it's MyWish, possibility to create a smart contract testament that will give all the necessary information to whoever right in case of inactivity of a user-defined duration.

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