News Bitcoin - Death & Bitcoin: How I Prepared My Family’s Digital Inheritance
Getting old is something we can’t stop, but we can prepare our loved ones for when we leave the earth. Recently, I have been making somewhat of a digital will for my wife for when I die so she will be able to access all my online accounts and bitcoin access. If I were to unexpectedly die it would be tough for my wife to manage our bitcoin assets without help and guidance. This issue is something bitcoiners should consider. Some people are not married and may even have to disclose this information to a family member or close friend.
Since before bitcoin, digital inheritance has been a problem to solve for people worldwide. If a friend or family member cannot gain access to your passwords and some personal information, then things like online bank accounts, email, and social media can be lost forever. Additionally, this also applies to cryptocurrency with passwords, PINs, and 12-24 word mnemonic phrases (seed). If you don’t leave this information behind somehow, then stored bitcoins could be lost forever.
READ MORE >>> https://news.bitcoin.com/death-bitcoin-digital-inheritance/
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