Death is the biggest "buyer" of cryptocurrencies.

Author: Pix & Translation: Saoirse, Foresight News

People in the cryptocurrency world often say, "If it's not your key, it's not your coin." This sounds powerful, and it's often true. But there's a hidden mirror logic behind this statement—"Only your key owns your cryptocurrency."

If no one else knows how to access your wallet, then the moment you stop breathing, your cryptocurrency is essentially "no longer existing." Of course, this isn't a literal disappearance—it still exists in the blockchain ledger, but from an economic perspective, it's no different from being burned.

Passing on assets that weren't originally designed to be "transferable"

Most current solutions fall into two extremes: either simple but fragile, like storing mnemonic phrases in a bank safe deposit box (easily lost and stolen); or secure but so complex that no one wants to actually use it. Neither of these solutions is satisfactory, so I adopted a compromise—a simple three-step transfer method that is easy to remember, difficult to crack, accessible anytime, anywhere, and guarantees 100% non-custodial (i.e., no reliance on intermediaries).

The specific steps are as follows: Step 1: Build your own single-page website. Create a single-page website using a "niche domain" consisting of 3-4 words—domains that ordinary people wouldn't easily type into a search bar, but which should have special meaning for you and be easy to remember. Also, prepay for website hosting fees for at least 10 years and set up automatic renewal to ensure the website remains accessible in the long term. Step 2: Convert your mnemonic phrase into a numeric string. First, choose a book you like, find its most common publisher, and buy 10 copies (ensuring that the page numbers and layout of each book are completely identical). Then, convert your cryptocurrency wallet mnemonic phrase into a numeric string one by one: for each word in the mnemonic phrase, find its position in the book and record "page number - line number - word position in that line". For example, "112, 3, 5" represents "the 5th word in the 3rd line of page 112". Convert all mnemonic phrases into numeric strings using this method.

Step 3: Upload the numeric strings to your dedicated website

Simply publish the converted numeric strings as a list on your dedicated website, in the following format:

By the way, this is a real numeric string corresponding to a mnemonic phrase, linked to $500 in cryptocurrency. However, the website domain is fictitious; the real mnemonic phrase is hidden in a book.