RATE Group | Bitcoin: Should cryptocurrency owners make a will?
74847
post-template-default,single,single-post,postid-74847,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin: Should cryptocurrency owners make a will?

07 Jan Bitcoin: Should cryptocurrency owners make a will?

Posted at 04:23h in Bitcoin News by

[ad_1]

Jack Davies working at home

Image caption

Jack Davies is one of the growing number of 18 to 24-year-olds who own some form of cryptocurrency

“I’m not thinking of dying at this age, but I think just making that as easy as possible for everyone is crucial.”

Jack Davies, 23, from Penarth, Vale of Glamorgan, wants to make sure the cryptocurrency he and his family own is accessible in the event any of them pass away. And with good reason.

Research estimates up to 3.8 million Bitcoin, worth up to $30bn (£22.8bn) today, has been lost, with much having gone to the grave with holders who failed to tell anyone how to retrieve it.

While some experts argue cryptocurrency is a risky and volatile investment, it continues to grow in popularity.

One Cardiff firm believes it has an answer to safeguarding it beyond the grave.

‘Indestructible’

Coin Cover has created what it describes as one of the…

[ad_2]

Source link

Tags:
, ,