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I once played with the idea of some dead man switch triggering an event where it gathers a pool of pre-designated friends from Facebook into one group chat. The
by Jhsto 9y ago
I once played with the idea of some dead man switch triggering an event where it gathers a pool of pre-designated friends from Facebook into one group chat. There would be a bot guiding through opt-in to receive dividends of my wealth into their wallets/bank accounts. The idea was that if I'd have any side hustles, e.g., projects which are mostly autonomous, those would run their time and pay dividends until they deplete or become obsolete. Same would happen to my crypto assets and whatever holdings my sole proprietorship still has.
The idea to gather the group chat was that tech-savvy people could help those in need of technical help and people could conglomerate together to reach out to people who are not active on Facebook. I imagine it to be fair that people who've helped me during my life would be offered an opportunity to receive tangible value for their positive effect in my life.
As for online accounts in general, I think those should die with me.
- ateesdalejr 9y agoWhat happens if Facebook dies before you?
- c22 9y agoYou port the solution to the new hotness...
- throwawayd98 9y ago> There would be a bot guiding through opt-in to receive dividends of my wealth into their wallets/bank accounts... The bot is called a “lawyer” and the process by which someone receives your wealth is called “executing a will”.
- Jhsto 9y agoAh, it didn't cross my mind that I would have needed to be explicit about the fact that my scheme is practically inheritance tax avoidance. Practically, while possible, leaving an inheritance in my current country of residence for anyone outside of my family is imposing negative tax consequences on another. And that's not a gift in my book, more like showing up on your door in a foreign country asking for help, followed by a quick notion that the government is also after me. With all these lawyers, their leetspeak, and lengthy processes posing friction it's not a worthwhile effort to practically leave any change after me, thus why I thought to slap a "smart contract" on it.
- EADGBE 9y agoThis anti-lawyer rhetoric you're getting is comical. Your suggestions are solvent.