Are You Doing This? - page 4. | Bitcointalksearch.org

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Yes, my bitcoins is also going to my family and it is stipulated in my Will. Wink

A very close family member of mine know where I store my bitcoins and another one know where the duplicate copies are, so if something happens to either one of them, then they will still be able to get to those private keys and seeds. Grin

Make sure you do not store your coins in one location, because natural disasters can quickly destroy your whole hoard. Also make sure that you split the Private key, so that people will not be able to do something with it, if they stumble onto it by accident. Wink

pecson134

sr. member

Activity: 630

Merit: 250

★Bitvest.io★ Play Plinko or Invest!

Quote from: nankers on September 27, 2019, 05:54:30 PM

I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family? I ask like this because I think if something bad happens to us (I personally hope it doesn't happen), it would be better if we pass down all the things from bitcoin that we have to our families. For example, when we have an accident that makes us comatose state (I hope it won't happen) at the hospital and we need medical expenses, it would be better if our wife or children can take money from the bitcoin that we have to use as our medical expenses.

I personally bequeath all my bitcoin knowledge to my family. I told them my bitcoin assets, how I made money from bitcoin, and also told them how to access them. All of this I did so that all of my bitcoin assets could be useful for my family. What about you guys, do you guys do the same with me?

Same as what you did I disclose all my information with regards to my bitcoin assets to my family because I had a faith in them that it will be used on good hand. Like what you said, we can't tell when were going to die or we encounter our untimely demise so it is better to let your family know of these things so all your hard work on bitcoin would not go to waste.Moreover not all families are on the same case so we can't apply this to all who had one.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

In you whole life I bet you'll have someone who can be trusted by you, you'll share everything to him/her and you have known each other.

For me, it depend on you, when you have a lot of money in your wallet (crypto) then I suggest you have to give a private key to him/her in order to when there is something bad happening in your life then you need to spend money but you can't do anything then there is someone who can help you. But give it to just one person, no more than that.

I myself has done that, I give everything about my activity to my wife although she doesn't know yet about it but at least he has known how to withdraw cryptocurrency to money fiat. I guess this field I'll be hold until I'm getting old, I'll never make a decision to leave this field, although I have made something that I wanted. Yeah it is very difficult to leave something which have made my live meaningful.

karanggatak

hero member

Activity: 1106

Merit: 506

i dont do this, my family dont know and too old to know about bitcoin. i ever telling this to my brother but he no respon or not interest about it. i dont care if someday bad thing happen, i mean i always rotate my profit in real life and when i dont cash my token out, it mean that token never be sold.

Xxmodded

sr. member

Activity: 2296

Merit: 315

SOL.BIOKRIPT.COM

My family don't know about how bitcoin and what bitcoin using, I live in my family and only me understand about bitcoin. Maybe if I leave file or bitcoin data for my family they do not know how to sue and log in to bitcoin access, I keep data for my self and save it for my self, but I will withdraw my fund if some thing happen.

nankers

full member

Activity: 634

Merit: 118

Bounty Hunter Indonesia

Quote from: Lhaine on October 04, 2019, 03:09:06 PM

but you are mentioning if something strange happen . well in that case you should told them where your important keys can be seen so if that happen they know where it is. but it doesnt mean you will give your private key .

LOL

May i ask you something, how to access your wallet without giving someone a private key or password? give your smartphone to someone you trust and tell her to take money from a Bitcoin ATM or is there something easier, can you tell me?

Quote from: adzino on October 04, 2019, 03:19:32 PM

Anyways, just giving them access to your wallet won't help. They should know how to keep it safe, how to use it and how to exchange those coins. Those who are saying "let them figure out", what if after figuring out they F up things?

I am agree with you sir. even the people we trust can not do anything if we only provide a password or private key. therefore I suggest to tell all things about bitcoin assets (including how to access and how to exchange bitcoin into fiat money) to people we truly trust. even if they are not interested, I keep telling them all this. because if something bad happens, at least they know I have some money from bitcoin and they know how to use and how to exchange bitcoin into fiat money

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: nankers on September 27, 2019, 05:54:30 PM

I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family?

I heard too much stories about mostly gamers sharing their game account and very often loosing them in the end because of that.
Why risk? You can barely trust yourself and its impossible to get into someone else head to know them 100%. You don't know yourself 100% even. Computer psecurity, Bitcoin security need to resolve that issue.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: nankers on September 27, 2019, 05:54:30 PM

I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family? I ask like this because I think if something bad happens to us (I personally hope it doesn't happen), it would be better if we pass down all the things from bitcoin that we have to our families. For example, when we have an accident that makes us comatose state (I hope it won't happen) at the hospital and we need medical expenses, it would be better if our wife or children can take money from the bitcoin that we have to use as our medical expenses.

I personally bequeath all my bitcoin knowledge to my family. I told them my bitcoin assets, how I made money from bitcoin, and also told them how to access them. All of this I did so that all of my bitcoin assets could be useful for my family. What about you guys, do you guys do the same with me?

I wouldn't mind sharing my private keys and other important stuffs with someone who i truly trust. In fact, the person I trust deeply has access to my laptop and knows at least the basic stuffs one needs to know about bitcoin and blockchain. So yeah, I guess I already did the right thing?
Anyways, just giving them access to your wallet won't help. They should know how to keep it safe, how to use it and how to exchange those coins. Those who are saying "let them figure out", what if after figuring out they F up things?

Lhaine

full member

Activity: 742

Merit: 128

Coinbene.com - Experience Fast Crypto Trading

Quote from: nankers on September 27, 2019, 05:54:30 PM

I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family? I ask like this because I think if something bad happens to us (I personally hope it doesn't happen), it would be better if we pass down all the things from bitcoin that we have to our families. For example, when we have an accident that makes us comatose state (I hope it won't happen) at the hospital and we need medical expenses, it would be better if our wife or children can take money from the bitcoin that we have to use as our medical expenses.

I personally bequeath all my bitcoin knowledge to my family. I told them my bitcoin assets, how I made money from bitcoin, and also told them how to access them. All of this I did so that all of my bitcoin assets could be useful for my family. What about you guys, do you guys do the same with me?

hell no, none of my family or friends i will be given my private key. but you are mentioning if something strange happen . well in that case you should told them where your important keys can be seen so if that happen they know where it is. but it doesnt mean you will give your private key .

Arsenyo

sr. member

Activity: 728

Merit: 250

No, I don't. My family has no idea what is bitcoin and cryptocurrency, and I don't have enough patience to teach them. But I have a person in my life who shares my passwords and assets. It's enough for me. And if to speak about emergencies or some accidents that could happen, I have some savings in my bank account. I don't see the point to keep for emergencies crypto with totally unstable prices.

Eclipse26

sr. member

Activity: 658

Merit: 268

bullsvsbears.io

To be honest, I haven't think of that scemario but regarding with that, I am always open with them. It's fine with me to share my private key since I know I can trust them. But the thing is, will they take it seriously if I told them I want to share to them such info cause unexpected situations might happened. They know what I am into... They know what I'm doing but my mother might just get mad if I told her such reason.

minersday

hero member

Activity: 1484

Merit: 535

Personally, I don't think is advisable for me to share my private keys with my family. What if you share them with your family and one of them decides to be smart and empty all your wallet? I will rather store them on a usb drive and add a video with an instruction on how to have access to my funds.

SummerBliss

sr. member

Activity: 910

Merit: 254

Quote from: nankers on September 27, 2019, 05:54:30 PM

I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family? I ask like this because I think if something bad happens to us (I personally hope it doesn't happen), it would be better if we pass down all the things from bitcoin that we have to our families. For example, when we have an accident that makes us comatose state (I hope it won't happen) at the hospital and we need medical expenses, it would be better if our wife or children can take money from the bitcoin that we have to use as our medical expenses.

I personally bequeath all my bitcoin knowledge to my family. I told them my bitcoin assets, how I made money from bitcoin, and also told them how to access them. All of this I did so that all of my bitcoin assets could be useful for my family. What about you guys, do you guys do the same with me?

My parents don't know much about Bitcoin. They have some theoretical knowledge about how it works but they never performed single transaction. Nor does my wife and children have any knowledge and they also don't wanna learn. Cheesy

Only person whom I can trust with these details is my sister.
Therefore, I have already set-up an email containing my all cryptocurrencies passwords, private keys and not only that even location of my other assets. This email will automatically deliver to my sister after 30 days if I don't confirm that I am alive. Legacy email scheduling is very necessary in today's world of technology. There are many services available out there like after.me but I don't trust them with my info so I created one for myself in PHP.

mr3dds

member

Activity: 173

Merit: 12

That's very interesting idea. I have the same problem. My whole crypto-stuff can't be passed down if I died now.
I must do something about that.

Thnx for bringing that up.

Wintersoldier

sr. member

Activity: 966

Merit: 274

Quote from: nankers on September 27, 2019, 05:54:30 PM

I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family? I ask like this because I think if something bad happens to us (I personally hope it doesn't happen), it would be better if we pass down all the things from bitcoin that we have to our families. For example, when we have an accident that makes us comatose state (I hope it won't happen) at the hospital and we need medical expenses, it would be better if our wife or children can take money from the bitcoin that we have to use as our medical expenses.

I personally bequeath all my bitcoin knowledge to my family. I told them my bitcoin assets, how I made money from bitcoin, and also told them how to access them. All of this I did so that all of my bitcoin assets could be useful for my family. What about you guys, do you guys do the same with me?

I think even though there are emergency instances, I would not going to prefer to choose to provide the information pertaining to my assets of cryptocurrency. The only person that will going to provide you, your security is yourself. If we are about to provide them vital information about our assets, it can be used against us. Like for example, our relatives are vulnerable to blackmailing, and other illegal crimes.

Jendral Istimewa

full member

Activity: 330

Merit: 102

Quote from: rafajunior99 on October 03, 2019, 06:38:03 AM

Maybe I will think the same as what you say for this, but you don't have to say it fully, because, if you tell your family fully, I worry that what is said will be the carelessness of our wife and children, because in my opinion someone has the nature and different characters even though they have become part of the family.

explaining that you must clearly teach Bitcoin to your family about how to get BTC, sell BTC and important things about BTC so they understand and don't take the wrong action.

rafajunior99

hero member

Activity: 798

Merit: 500

Maybe I will think the same as what you say for this, but you don't have to say it fully, because, if you tell your family fully, I worry that what is said will be the carelessness of our wife and children, because in my opinion someone has the nature and different characters even though they have become part of the family.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: nankers on September 27, 2019, 05:54:30 PM

I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family?

It is very difficult to talk about bitcoin so freely because there are no laws in my country that can protect me... that's why I avoid talking about bitcoin and consistently withdraw my bitcoins and keep it in my fiat bank account.

Quote from: ?? on ??

I would love to share my Bitcoin and Ethereum private keys with my family, but in my country ban Cryptocurrency, so my family disagrees with this. They advised me to give it up many times in the past, and I agreed with my family, but I continued. I think that in the future if Crypto accept in my country, I will share it all with my family.

You're right, but at least try to convert your coins to fiat and save it to your bank account. bitcoin was made to be used in the real world and not to be kept in the wallet for years as most people think ... think:

What is the point of having bitcoin and Hold for many years and you die without using your coins?

Quote from: Leonardo7 on September 27, 2019, 09:37:30 PM

My wife is my best friend and my most trusted ally. So she knows everything about my investment and I intend to teach her about building upon bitcoin investment and how it all works, this I will do when her phone is replaced. Only the meticulous family member should be made known our private keys and password.

and are you legally married? how long have you been together?

Quote from: Darker45 on September 27, 2019, 09:44:07 PM

I am not giving any of these private information to anyone, not even to any of my family members. I guess you are right though that we have to be somehow prepared for the unknown but I don't personally think about it that much. If something bad happens to me, God forbid, then perhaps they will have to find ways to get access to my laptop and phones which are complete with security features. They know that I am into crypto and some little treasure is right inside these gadgets of mine.

And how the hell your family will find a way to access you laptop and phone? not to mention that they won't know that you have hidden coins

Quote from: 3x2 on September 28, 2019, 02:38:08 AM

My family are not interested in bitcoins. Even if i tell them they have their own opinions on it , some say it is illegal and i should stop using it asap.
I never tried to give them the private keys as they are hostile to bitcoins. But i always try my best to be lawyer to advocate bitcoins to them whenever i get the opportunity.

Have you ever used your coins for your family? people just believe in the things they can see and touch and benefit them

Astvile

sr. member

Activity: 1484

Merit: 276

I left some private keys for my younger brother and sister for them to use but I can't see any interest in them about cryptocurrency in them so I disregarded the idea of passing my cryptocurrency stuffs to them but instead entrusted them to my long-time girlfriend who is willing to learn and go into bitcoin industry.It's not mandatory for us to share such information with our family if you see them having no interest in it.

nankers

full member

Activity: 634

Merit: 118

Bounty Hunter Indonesia

I'm glad my intentions and goals were delivered to all of you. I think for those who have not left all the important things about your bitcoin (private key, passphrase, password and including how to access your bitcoin assets), I suggest doing that. because it will be in vain if we only collect bitcoin but in the future, bitcoin that we have collected cannot be used at least for our own families

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