Comment by Xx_Squall_xX on 30/11/2017 at 05:18 UTC

Smart contracts are also coming to Bitcoin. You'll be able to setup a list of beneficiaries family/friends etc to receive their respective allocations based on a Bitcoin smart contract. No more middleman executor taking an estate cut from your family. Bitcoin is an unfinished product- and we're busy engineering it to become the most useful form of money available.

Comment by 964d72e72d053d501f29 at 02/12/2017 at 16:58 UTC

1 upvotes, 0 direct replies

Put the private key in the will.

Comment by Jacuul at 07/12/2017 at 19:43 UTC

1 upvotes, 0 direct replies

That's why the coins are divisible to the billionth place, it can deflate for quite a long time before 1 sat is unusable

Comment by Quecks_ at 30/11/2017 at 07:12 UTC

1 upvotes, 0 direct replies

It will deflate into oblivion. People who are blind on the bitcoin cool-aid talk like deflation is a good thing, it isn't. Bitcoin as a concept has an inevitable expiration date due to people dying, losing coins in bad transactions, lost wallets etc.

Personally i think the encryption will be cracked or there will come an alternative that takes market shares before that becomes an issue, just be vigilant and don't swallow the cool-aid to hard so you are ready to move your money when the time comes.

Nothing lasts forever.

Comment by T3Deliciouz at 30/11/2017 at 08:39 UTC

-6 upvotes, 1 direct replies

A few years back I loaned a friend 10$ worth of BTC so he could buy weed. Found out next week he died of an LSD overdose. Never got my BTC back which is now worth 230$. Very upsetti.