After the death of the crypto investor, all his bitkoyny and altokkony fall into the gray zone. Without code keys, logins and passwords, heirs will not be able to access savings. While most of the companies that manage cryptotices do not respond to this problem, and formal wills do not provide for the transfer of crypto-currency by inheritance. Some options to get kryptonasledstvo, however, there are. Decentralization and lack of regulation have made crypto currency popular, but it is these two properties that do not allow inheritance of cryptosaving in the event of a sudden death of the owner. If a person does not leave detailed instructions with logins, passwords and access keys during his lifetime, heirs will not be able to receive his cryptoaccumulation. Bloomberg cites as an example the case of American Michael Moody. His son Matthew Moody died five years ago in a plane crash in California. Father Matthew knew that he was engaged in bitonkoy mining, but he could not access them. According to Moody, his son began to engage in mining even at a time when bitkoyn was not very popular. For a few years, the Crypto currency has significantly increased in price, but to remove it and even find out how much the son earned, Moody can not. Leading analyst of CoinDesk Nolan Bauerle explains that in this case there is really nothing to be done: "Coins will remain unclaimed". The problem also concerns tokens acquired in the ICO process. However, some types of tokens in the US equate to securities. Only in this case, "coins" can be mentioned in the will and handed down by inheritance. Some companies and entire states try to help crypto investors. So, the service CoinBase proposes to translate the cryptosecurity of his relatives into the cryptoscreen of the applicant after the presentation of the death certificate and the will. However, users of the service have to transfer the right to own access keys to representatives of CoinBase.
Most crypto-enthusiasts consider such a format inadmissible, since it contradicts the idea of ??bitcoins and decentralization. The decree on the digital economy, signed by Belarusian President Alexander Lukashenko in January. It provides for testament token. Individuals have the right to legally register an inheritance that includes cryptosecurity. However, as this law will operate in practice, it is unclear.
Original article: How to obtain a cryptanage.