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Author Topic: Heritage/Insurance Encapsuled Encryption System  (Read 286 times)
SirArthur (OP)
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December 12, 2020, 12:03:47 AM
 #21

@Vod

How is that any easier?!

You type in the names and email addresses of your friends.   Done!

The key is automation, and avoiding rotting meat (the human memory lol)

So, what if your trusted third party get acquainted with one of the interested parties? Guess what... you'll "die early" and someone will be sharing your wealth while you entertain yourself finding a lawyer and engage the funny and long civil court processing.

To not mention that would be a plain money-grab...
Vod
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December 12, 2020, 12:16:25 AM
 #22

So, what if your trusted third party get acquainted with one of the interested parties?

If my trusted authority is 11 of my family, I'm not going to worry about 6 of them deciding to commit fraud against me.

You didn't read/understand my idea, so I'm sorry for the hijack.  Smiley

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SirArthur (OP)
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December 12, 2020, 12:37:01 AM
 #23

Now your trust party is a batalion of people?

Let's put things a bit straight here; there're two opposite PoV in inheritances, the PoV of the heirs, who probably want the money ASAP, but that's their problem, and the person who actually gathered the wealth and eventually deceased. My system is towards the PoV of the former, not heirs, a more personal and human way to provide a last will, not some random characters and an automatic email with a weird key of sorts, which could land in some spam box.

If you have a better idea: develop and present it. But it turns kind of annoying to keep reading "I would send emails", "I would go with smart contracts", "I would use multi sig", "I would... whatever" -> Great! Do it!

A valid idea and valid discussion about this issue is on how to trim its usage, like AGD addressed and posed the issue.

Technology has the sole purpose of serving "rotting flesh", without humans all of Bitcoin, all of the electronic junk we created, would be rendered plain useless and worthless.
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December 12, 2020, 12:56:21 AM
 #24

Now your trust party is a batalion of people?

300 to 1000 people?  lol

I didn't know you had resistance to automation, so I'm sorry for bringing it up again.  Personally, I would rather have something than remember something, so I've never used phrase codes. 

I cannot contribute constructively to your idea, but I can offer you free hosting if you need a place to organize. 





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SirArthur (OP)
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December 12, 2020, 01:28:44 AM
 #25

I'm not against automation, don't get me wrong, but the ultimate utility of automation and machinery is to serve humans somehow. We wouldn't be polluting the planet and crave for power sources just for fun.

What is interesting atm, is to discuss possible flaws and exploits, trim and cook the idea, eventually even weight it's pros and cons against other concurrent systems that may show up. But discussing about hypothetical software... What would be the point?

And death of someone is not to be taken lighten; the deceased could well blow his money on women and cars instead of save anything, but if he chose another path and his soul must have some way to rest in peace about the loved ones he left behind. So we must add some romantic and human vector to the whole system. Taken must of us, if not all, use strong passwords and/or strong security systems, way too complex sometimes, figure a way to open it when needed is far from an easy task or, like the widow of the Canadian exchange owner, crypto ends locked for good, practically dying with the owner.

Thank you for your offer.
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