[bhaak]

So nobody will be able to recover them if you are hit by a bus or develop dementia?

This problem is harder if you want to pass on your crypto after you can't use them anymore.

[EGreg]

That's exactly right

If you want to enable recovery, you should give ownership of things to smart contracts, which enable things like succession rules and a heatbeat checkin etc.

Public/private keys are not designed to solve that kind of governance problem.