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betterunix2 | 4 years ago

Have you ever dealt with an estate, or a disputed estate? I have, and I can tell you that technical processes would probably not accomplish very much. I have seen people go to court over whether or not a person was mentally competent when they wrote their will. What is the technical process for resolving that? If anything, a technical solution would make things worse in cases where an elderly person really was taken advantage of when they were planning their estate by leaving less room for a dispute.

The fact of the matter is that we have had the ability to create a technical process for executing a will for a long time. Banks allow you to designate a beneficiary who receives your assets after you pass away and that is executed automatically. We do not have to allow people to dispute that, and cryptocurrency does not really add much over such a system -- but we do not want that system because some objections are legitimate and disputes need to be resolved.

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