Let me have your Bitcoin Private Keys?

in #bitcoin5 years ago

Bitcoin crash and the Great crypto crash was a headache to many a crypto lover. The 2018 cryptocurrency crash was a sharp contrast and a nosedive to the 2017 rise in the price of bitcoin. The blog post with this caption: 'What Happens to Cryptocurrency when you die', at Fortune.com couldn't have captured it better.

The fall of Bitcoin slaughtered over 850 Cryptocurrencies leaving the wallets of the novel Cryptocurrencies dark. One article questioned almost everything: 'What If a Bitcoin owner dies without passing on the private key, his heirs... (may probably curse him and pray him into doom) or learn from this huge mistake and pass it on to posterity.

With the private key to a Bitcoin wallet worth thousands or millions of dollars... in the hand of the CLOUD is something that would hurt to reflect on. Even though I've added my touch to the Oct. 1, 2017 issue of Fortune.com with the headline “Breaking the Bitcoin Bank”, it still echoes a truth that needs to be reflected upon...

So many people wanted to be the first to put the news of the 'death' of Bitcoin into the 'fray'. ( Liam Doyle puts it like this: 'BITCOIN has suffered its 300th 'death''. Liam took time to do the actual counting but I will be brief in this article, state the reason for writing, which I've tried to 'code out' of reach, a reason which all crypto-stackers should endeavor to brood upon.

WOULD YOU LET SOMEONE 'YOU TRUST' HAVE ACCESS TO YOUR PRIVATE KEYS WITH REGARD TO CRYPTOCURRENCIES'? I have given mine out to a friend I trust. Let me hear from you, would you give it out, is it a mistake to give it out? Let me hear from you. Leave your comments below, upvote, downvote,...

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