One could convincingly argue that dead accounts are e-waste.
The main reason I guess we don't say that is because we have expiration policies.
But if you lose access to your, say, facebook account with 100GiB of uploaded content, then that content is going to be sitting consuming at least 300GiB of media (replication, backups etc;).
Thus: is that a problem?
I see a device like this as an extension of my self, having it "open for all" is not desirable; I want to knowingly give it to someone.
If someone takes it, or I do not unlock it, then I don't want the possibility for it to unlock. I paid for it, it's mine, in perpetuity until I say otherwise, even if I'm dead: since as I mentioned it's an extension of me... it is dead too.