i dont like it aswell . its risky to trust someone because you will not know what happen to them in the future and worst they can take your coins with them  .

the most safest way is to hold your private keys with you and if you want it to inherit with your family  , just educate them first so that theyl know how to decrypt a secret message  because we dont want to write our keys on a simpliest manner  to avoid being stole by unathorized people

I don't think that I'll agree with this statement.

It would be just better if you will just teach somebody in your family the basics of crypto like selling, buying, storing, transferring, how to access crypto etc. In that way if your time will come, just give your private keys to your whoever will inherit your coins and he/she will have access into it already. This is what I'm planning to do in the future. Teaching my kids and others the basics of crypto.

I prefer to inherited the Bitcoin that I have by manual, which is to directly tell people we believe how to access my wallets. Simple and
not complicated, if you have to use inherited features more risky. Even since the beginning of collecting Bitcoin,I have planned everything.
By teaching my family.

That has been going on since time immemorial.  

As to poor safe-keeping, laziness is one of the main reasons. There are several others. One of which is the fact that you are always a prey. Another is that a lot of people are simply incompetent safe-keepers. They even keep on losing their phones where a lot of vital information are kept. How could you make such a person a bank to himself/herself?


To be honest, this is where the discussion might get prejudiced, arguing along the line of "I am using a decentralized currency, why would I even consider a third party?" or "I am for Bitcoin, why would I even think that I can trust a bank?"

I remember that even the respectable Hal Finney considered a sort of a Bitcoin-backed bank as something worth looking into, although on different grounds and not on having Bitcoin as inheritance. For me, a very rudimentary form of bank, a simple storage facility, which is fully registered and regulated for accountability, complete with insurance, and so on could actually function very well.

More often than not, the stress does not come from having your money stored in a bank. The stress comes by having your money stored in your drawer.


Personally, I trust myself more than the banks. This may not be true at all for the rest.


There seem to be as many ways to keep everything safe as to lose them.

That is what we should do if we want to give the bitcoin to our family or someone we trust. We can teach them the basics of using bitcoin so they can use it after we died. We should tell how they can solve the problem if they confuse about something related to bitcoin because they can get that experience in the future. And if we don't tell them, they will not find a way to solve the problem, and they can not continue what they do. We need to tell them many things about using bitcoin because that can make them understand the bitcoin function in their life.

The idea is great but I don't think that is necessary though, I think the owner himself needs to be aware of his status and have some kind of protection/ backup for his Bitcoin. That should and must be the right thing to do with everything especially with this field which involves crypto where you can lose all your assets because you lose your private key and have nothing to backup.
So it's like backing things up, the owner needs to point out the inheritance himself, let the wallets do the more important works.

Teach them some basic knowledge about bitcoin, wallets, and transactions. That will suffice the idea.

Having it with a third party isn't really a good idea. But I've heard that there's some exchange or platform, I forgot what country is that which is trying to fix this problem but still, I don't like the idea.

This situation has been discussed so many times on here. And most suggestion users give is to get a lawyer to get a lawyer. Involving a third party isn't a good idea in my opinion as this takes away the purpose of Bitcoin which is decentralization.
Another problem is volatility, asset may become worthless(maybe) at the time of inheritance.
Using wallets that offers such might be a good idea though there's centralisation. Others suggested it but I haven't tried it myself.

For such a feature to surface, it must be done by a centralized exchanges and i think it's a good idea because i've heard lot of story on this topic as when people died, the people closeer to them often tends not to be able to crack open the wallet leading to loss of assets. I believe this will serve as some sort of insurance for crypto holders and traders 

The cryptocurrency market is always an uncertain market.
A lot can happen here in a very short time. You can become so rich in a very short time and again you can lose everything here. I will not say that there is no risk, but with Bitcoin I consider myself safe. This is my opinion many may disagree with this.