Two events are enough to prove how deep the crypto world is!
Two friends jointly hold the secret key to a Bitcoin account. One unexpectedly passes away, and the other is unable to access the account, watching helplessly as the opportunity to get rich slips away.
There are two international students who are close friends, let's call them A and B. A and B first encountered Bitcoin while studying abroad. Both recognized Bitcoin's commercial value and decided to work together, investing all their assets in Bitcoin. At that time, Bitcoin was just starting to rise, and the two had at least thousands of Bitcoins in their accounts.
Because the Bitcoin was purchased with the joint funds of A and B, it was kept in a joint account. Both intended to wait for the future appreciation of Bitcoin. To prevent either from succumbing to temptation and selling Bitcoin behind the other's back, the account keys were split into two parts, with A and B each holding half of the key information. Only through their cooperation could they unlock the Bitcoin account.
Later, A and B returned to their home country for development. Their lives intersected less and less, but they maintained a close friendship. Seeing Bitcoin continuously appreciate, the Bitcoin in their joint account remained unsold, with the thought that the future appreciation potential would only grow.
Until the unexpected happened, A died in a car accident while traveling, leaving no time to arrange for the aftermath. Although B was heartbroken over the loss of his friend, he was also concerned about the whereabouts of the other half of the keys to the Bitcoin account. However, A's family had no knowledge of this matter, and after searching through A's belongings, they found no trace of the other half of the keys. The biggest feature of the Bitcoin account is its security; B could not open the account on his own, and the joint account became a dead account with A's passing.
In recent years, the price of Bitcoin has risen higher and higher, almost reaching the sky. B can only watch helplessly as the price of Bitcoin skyrockets, unable to access the joint account that once belonged to the two of them, to sell his portion of Bitcoin for cash. B, consumed by negative emotions such as resentment, anxiety, and frustration, developed severe depression and had to rely on medication and psychotherapy to face this painful reality. This is not difficult to understand; anyone else in B's position might feel the same way, or even worse. This is the most tragic story I have heard about the cryptocurrency world.
