🔔 Binance founder #CZ wants all platforms to implement a "will function" mechanism🪙. Essentially, this is a crypto inheritance tool that works like a traditional will - you can specify who gets your assets and in what proportions in case of the owner's death.
It's an excellent proposal, though we'd need to see how well it works in practice. Hopefully no one will need it anytime soon, but having this insurance to pass your capital to your investor-best-friend would be an ideal solution. They'd know exactly how to grow that capital further 😄
Statistics show that annually, over $1 billion worth of #crypto across ♻️ all #exchanges becomes inaccessible due to deceased users - precisely because such transfer mechanisms don't exist. This not only locks away wealth but also 🔽 deprives the market of additional #liquidity and trading volume, which isn't good for anyone.
What do you think about this idea?
Buy and Trade $BNB here