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What would happen to your crypto if you died unexpectedly tomorrow?

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by COINS NEWS 176 Views

I asked a question on the daily and it started an interesting conversation.

If you die unexpectedly tomorrow, is anyone able to recover your crypto or is it lost forever?

Who would get it if you shared it? Your loved one? Family? Friends?

How complicated would it be for that person to follow your instructions?

Which way are you using to transmit your instructions? Paper? Verbal? Showing them directly?

Any reason why you aren’t and won’t share?

I wonder how many millions of dollars are lost every year because of things like that. Or someone tried to explain but then their spouse sends 10k of crypto on the wrong network or something like that. Crypto can already be hard to navigate and mistakes are sometimes made by seasoned users. So imagine someone who has no interest in it and needs to get your crypto out of a LP on DeFi or something like that.

submitted by /u/MaeronTargaryen
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