About Loss and Crypto:
Never Lose Access, Ensure Loved Ones Inherit It
Too Long; Didn't Read
Like any other asset, crypto can be included in an estate and left in a will to beneficiaries. Today most people cannot store their private keys securely. The wallets require them to be technical. Until these problems are adequately addressed, the whole sector is at a disadvantage to the traditional world of finance, where central bodies act as trusted custodians to wealth, without any need to remember access details, providing also well-tested legacy provision at death. In such a developing asset class as crypto, valuable wealth will continue to go astray, due to poor custodianship, leading to lost access, and a lack of legacy provision. Thankfully, at least, the solutions are finally arriving, where you have to trust no - one, just the audited, decentralized smart contracts.
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