Bitcoin After Death - The Will... - page 4.

virasog

legendary

Activity: 3136

Merit: 1172

Leading Crypto Sports Betting & Casino Platform

Quote from: sebdude420 on January 06, 2016, 06:41:09 AM

Quote from: franky1 on January 06, 2016, 06:05:44 AM

Quote from: sebdude420 on January 06, 2016, 05:58:25 AM

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

obviously multisig it. where each inheritor only has 1 key.. that you give them today and the executor of the Will has a key also.
where only at the execution of the will, would all participants collectively combine the keys to send the funds out

what if they lose it, or die also.

Using mutisignature might solve this problem. 5 keys are given to the 5 inheritors, but only 3 keys are need to unlock.

sebdude420

sr. member

Activity: 397

Merit: 350

Quote from: franky1 on January 06, 2016, 06:05:44 AM

Quote from: sebdude420 on January 06, 2016, 05:58:25 AM

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

obviously multisig it. where each inheritor only has 1 key.. that you give them today and the executor of the Will has a key also.
where only at the execution of the will, would all participants collectively combine the keys to send the funds out

what if they lose it, or die also.

franky1

legendary

Activity: 4424

Merit: 4794

Quote from: Amph on January 06, 2016, 06:34:45 AM

you should trust your family, before anyone else in this case, otherwise it is pointless to even think about it

or simply do a fovor to everybody else and leave them there so all the other coins will have a better value

yep, if you dont trust your family then they dont deserve the inheritance.. you might aswell give one key to a charity and pt the other key into a will and the funds move only when the will is read out as thats the only time to two parties come together

Amph

legendary

Activity: 3248

Merit: 1070

you should trust your family, before anyone else in this case, otherwise it is pointless to even think about it

or simply do a fovor to everybody else and leave them there so all the other coins will have a better value

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

For any paper wallet i own, and assuming the price was to go through the roof and they were actually worth anything then my significant other would just have to work out for herself how to get them off of their. If they actually did go up to a decent price im pretty sure she would work up the motivation to figure out how to get those bad boys off of their and into her account in no time.

1Referee

legendary

Activity: 2170

Merit: 1427

I will never trust any one with my private keys, even not with multisig. My coins will remain unused in their wallets for ever if something happens with me. That's how I think about it right now. It might change when I become a father, then I will try to find a way to make sure at some point in the future my kids can access the coins.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Do you really don't trust anyone ? In that case why would you care for who the money goes ?
I'd personally give them to any of my family members and I would trust them (It doesn't matter how much the amount is) without the need of making multi signature wallet or anything .

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

That depends on who you have shared the private keys with.If you have cold storage's which are untouched and only you have access to them,then nothing could be done.They will be untouched.Hopefully in near future ,some one will come up with bitcoin Life Insurance polices.

franky1

legendary

Activity: 4424

Merit: 4794

Quote from: sebdude420 on January 06, 2016, 05:58:25 AM

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

obviously multisig it. where each inheritor only has 1 key.. that you give them today and the executor of the Will has a key also.
where only at the execution of the will, would all participants collectively combine the keys to send the funds out

sebdude420

sr. member

Activity: 397

Merit: 350

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

Topic: Bitcoin After Death - The Will... - page 4. (Read 2685 times)