Fundamentally, cryptography alleviates the need for third-party trust, and opens up for losing your keys. It’s a tragedy that we don’t have social recovery as

Fundamentally, cryptography alleviates the need for third-party trust, and opens up for losing your keys. It’s a tragedy that we don’t have social recovery as part of our online networking. I can lose access that my friends and family can not recover on my behalf. I may not give anyone my SSH keys, but surely my iCloud pictures are worth something to my relatives if I should get hit by a car. Vitalik Buterin wrote > One analysis of the Bitcoin ecosystem suggests that 1500 BTC may be lost every day - over ten times more than what Bitcoin users spend on transaction fees, and over the years adding up to as much as 20% of the total supply. https://vitalik.ca/general/2021/01/11/recovery.html https://vitalik.ca/general/2021/01/11/recovery.html