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Topic: Dead Man's Switch? - page 2. (Read 3684 times)

BCB
vip
Activity: 1078
Merit: 1002
BCJ
September 18, 2012, 10:37:23 AM
#4
Has to be on paper.
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
September 18, 2012, 10:24:36 AM
#3
Write private key in the last will (testament) maybe?
newbie
Activity: 57
Merit: 0
September 18, 2012, 08:56:00 AM
#2
It sounds like a good idea. But that could be used as an avenue for attack and compromise. Why couldn't Bob just leave instructions with his lawyer, in a safe deposit box, or elsewhere for his family?
legendary
Activity: 1106
Merit: 1001
September 18, 2012, 08:54:03 AM
#1
I was wondering if any of the ewallet providers have some form of dead man's switch. Let's say Bob has 200 BTC in an ewallet, and another 5000 offline somewhere. Could Bob set up a system so that, if he dropped dead, his wife or kids would get an email with detailed and fool-proof instructions as to how to retrieve both amounts?

I'm thinking it would be a fairly simple thing to set up, and it would definitely add value to an ewallet service. All other things being equal, I'd choose one provider over another based on that service.

Cheers,
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