I think it can work the other way round as well. No need to wait till your device gets stolen, log your details beforehand and in case you lose it just report i

I think it can work the other way round as well. No need to wait till your device gets stolen, log your details beforehand and in case you lose it just report it. I understand that it becomes useful once we reach critical mass, but it has to start somewhere. We have to take charge and help each other and stop depending on authorities.