Changpeng Zhao, founder of Binance, raised a topic that is usually avoided in the crypto community.
Death. And the crypt.
“People do not live forever,” wrote CZ on X.
So it's time to think: who will inherit your tokens when you 'go offline' forever?
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🔐 Binance has already implemented a 'legacy' feature
Now you can designate an emergency contact who will gain access to the assets if you go off the radar.
The algorithm is simple:
1. You haven't logged into your account for a long time.
2. Binance signals your trusted contact.
3. They initiate the asset recovery process.
Revolution? Or vulnerability?
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💸 Every year, more than $1 billion in crypto 'dies'
No access. No keys. No chances.
One tweet — and your children will forever be without your crypto inheritance.
Keep your seed phrase in your head? Congratulations — no one will inherit it.
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⚠️ But there are questions here too:
– Who will receive your NFTs, social influence, community, articles, reputation?
– What if you just lost access, but are alive?
– Is it possible to transfer the entire Binance account like a SIM card or email?
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📜 Lawyers: A will for crypto is a necessity
📍 Dubai lawyer Irina Khiver:
“You don't plan to die, but you are not immortal. Leave instructions. Detailed ones.”
According to 2023 data, most crypto holders are aged 27–42. Young? Yes. But that doesn't mean they are immortal.
Don't let your assets die with you.
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💬 And now to you:
– Do you have a plan in case of death?
– Would you trust Binance with your crypto inheritance?
– What is more important — tokens or your influence in the community?
👇 Leave comments below.
Let this be the first post about death that saves someone's crypto.
#Binance #crypto #inheritance #CZ #cryptodeath
