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Block's Bitkey rolls out bitcoin inheritance fix for 'multibillion-dollar problem waiting to happen'

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Block announced its bitcoin inheritance product in November , Bitkey is rolling out the offering on Wednesday .

Bitkey lets users set a beneficiary for their bitcoin holdings, creating a simple system for transferring the digital currency in the case of death.

"A lot of people have significant amounts of bitcoin at this point, or appreciating bitcoin, that's sitting in a place where it's not going to get to their loved one".