Who inherits your bitcoin when you die? Kresus wants an answer built into the wallet
What happens to your bitcoin when you die?
For an asset class built on the premise that no one else holds your keys, the honest answer has usually been: nothing good. Self-custody hands you complete control and, in the same motion, removes the safety net that a bank, a broker or a probate court would normally provide. Lose the keys and the coins are inert. Die without a plan and your heirs inherit a puzzle they may never solve.
Kresus, a San Francisco self-custody wallet firm, put a product against that problem. Kresus Inheritance lets a user name a beneficiary who can access their portfolio only after a defined period of account inactivity has passed. Private keys are never shared during the process, the company says, and Kresus does not take custody of user assets. It costs $99.99 a year and sits inside the existing wallet.
A problem the size...
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