QuadrigaCX is the biggest case we know of where funds were lost due to the holder's death. Allegedly; that death is still in question. But currently it appears that $200M CAD became inaccessible. (4/7) <a href="https://www.engadget.com/2019-03-08-quadrigacx-bitcoin-missing-millions.html">https://www.engadget.com/2019-03-08-quadrigacx-bitcoin-missing-millions.html</a>

Christopher Allen

@ChristopherA

#SmartCustody Adversary — Death/Incapacitation.

What is DEATH's motivation? I imagine it as: "I am your last firing neurons, and I seek to drag everything you ever knew down with you, into the darkness." (1/7)

6/3/2020, 9:38:13 PM

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Christopher Allen

@ChristopherA

That's my first adversary in the #SmartCustody course, where I anthropomorphize problems that you might face when securing your digital assets, to allow you to better, and less emotionally, model the actual risks. (2/7)

6/3/2020, 9:38:14 PM

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Christopher Allen

@ChristopherA

Death/Incapacitation is one of the big ones: an adversary that anyone could face and that can endanger their digital assets for themselves, for their estates, and for their heirs. (3/7)

6/3/2020, 9:38:14 PM

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Christopher Allen

@ChristopherA

QuadrigaCX is the biggest case we know of where funds were lost due to the holder's death. Allegedly; that death is still in question. But currently it appears that $200M CAD became inaccessible. (4/7) https://www.engadget.com/2019-03-08-quadrigacx-bitcoin-missing-millions.html

6/3/2020, 9:38:14 PM

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Christopher Allen

@ChristopherA

Our best solution here? To relay your secrets. You have to make sure the private information that protects your digital assets lies somewhere outside of your own neurons, as we learned when considering the motivations of Death. (5/7)

6/3/2020, 9:38:14 PM

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Christopher Allen

@ChristopherA

We only cover the digital asset basics about the Death adversary in the, but not much about inheritance law, but we highly recommend @pamelawjd's book (and a sponsor of last year's #SmartCustody v1 book) “Cyptoasset Inheritance Planning" (6/7) https://www.amazon.com/gp/product/1947910116/

6/3/2020, 9:38:15 PM

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Christopher Allen

@ChristopherA

Have your own stories of Death impacting digital assets? Your own solutions? Let us know! And please consider supporting #SmartCustody. We're working on V2 of the book, with multi-sigs and other expansions: https://smartcustody.btcpay.blockchaincommons.com/ (7/7)

6/3/2020, 9:38:15 PM

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