Last Will and Testament on the Blockhain
This revision is from 2025/10/07 11:46. You can Restore it.
'"Inheriting Bitcoin"'
''A smart contract bequiths crypto to the beneficiary(s) in the form of a smart contract. The smart contract is immutable and is capable of executing the transaction...
- at once upon passing.
- timelock, after a period of time, 21st birthday etc. As a unix timestamp.
- a percentage each year over a number of years, a trust fund.
- only payout monthly reflections, leaving the equity locked. Similar to dividends only, leaving the equity in the stock, crypto in this case.
- custom arrangement, if can be coded.
Note a: the drawback is crypto is typically not regarded as stable. Bitcoin has generally outperformed other financial investments.
Note b: this is in conjuction with a typical will as the wallet keys should be held in trust by the legal firm, so as not to lose them.
IMMORTALITY