When you are using paper wallet for your digicoins and you somehow misplaced the private address of that wallet address ~ you're doomed,
because there is no other way that you can spend or get all of your coin on that wallet address.
A lost coin is gone forever. Like that one guy (I don't know if you already heard of it) that had mine 7000+
Bitcoins in his laptop back in the days when Bitcoin's value is just cents and when his laptop got broken his
girlfriend threw it then years after the value of Bitcoin rises (poor guy) I don't know if they manage to find it in the landfill.
Now I'm not saying this to you to have some negative thing going on your head but,...
I know that you know that we don't know what tomorrow will bring you (read it again, this time slowly).
This doesn't apply on digital currency only but all of the things you are doing for you and especially for the
future of those persons dear to you, family and love ones, friends comes third because if that friend of yours comes second then
she/he is more than that don't lie to yourself ^_^.
Anyways, our future is always unpredictable therefore my question is:
Have you ever thought of what will happen to all the things you've doing now if tomorrow you'll be gone?
To make this short,
Always have a beneficiary, find that "chosen one" that will inherit all your hard works in life.