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Topic: Crypto After Death? (Read 20835 times)

member
Activity: 378
Merit: 10
March 27, 2019, 08:19:07 AM
I think anybody that is holding huge fund in crypto should have next of kin in place because death is inevitable. Therefore I don't see anything wrong in giving out private key to next of kin before death.
right, I also taught a number of my brothers to be able to do what I like to do so when I have nothing to replace me so that the crypto that I have can continue to run properly because it is too bad if it only stops us. so if we want to give our wallet keys it is safe because we are close to our brothers.
member
Activity: 355
Merit: 27
March 27, 2019, 07:21:52 AM
According to Jameson Lopp, users in the Bitcoin blockchain network have lost access to 6 million BTC. Data on cryptocurrency is not available, and bitcoins are not tracked in any way on the network, which means their owners cannot access it for various reasons, for example, forgotten passwords, theft or the death of the owner. About 6 million bitcoins are most likely lost forever.
member
Activity: 574
Merit: 13
March 27, 2019, 06:03:49 AM
If the owner of the key informs the family in advance it will certainly be accessible again. If on the contrary, of course all the crypto assets that he has at the time of death will surely lose his cryptic assets. Therefore, it is better to give a lesson, for example to people who want to know crypto so that in the future assets can be continued.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
March 27, 2019, 05:59:43 AM
My crypto would be used by my family after my death I would make sure that someone from my family knows how to use it .
I would also save all of my wallets and password in one hard drive to secure it and give it to them so they could benefit from what I earned in crypto and my money wouldn't be wasted ,
Besides I work for it I earned it I think they should be the one to use it after I am gone.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
March 27, 2019, 05:32:35 AM
It is very difficult to believe that the crypto market will die sometime. Because he is just starting to grow and develop because I think that it is very early to talk about death. As for me, it generally may not be.
Read OP before you want to say something,it is not about crypto market will die it is about when someone died what will happen to their funds.
member
Activity: 426
Merit: 10
March 27, 2019, 05:27:53 AM
It is very difficult to believe that the crypto market will die sometime. Because he is just starting to grow and develop because I think that it is very early to talk about death. As for me, it generally may not be.
jr. member
Activity: 256
Merit: 1
March 27, 2019, 04:47:39 AM
every human being must have someone who is loved, and usually every secret must be told to people who love, so if people who love the family must have certainly prepared everything needed by the family, so naturally each owner also gives something valuable for those he loves
sr. member
Activity: 798
Merit: 250
CurioInvest [IEO Live]
March 21, 2019, 06:59:49 AM
Maybe if some regulation that can also add to heritage. But right now, who owns the private keys of decesead can take everything without almost anything.
full member
Activity: 630
Merit: 103
March 20, 2019, 06:19:52 PM
As far as I know, the crypto-currencies that remained on some of the wallets, to which there is now no access, will remain on that wallet and you will not do anything with them.
jr. member
Activity: 377
Merit: 1
"AMANPURI●ultimate exchange"
March 20, 2019, 06:10:27 PM
The owner of the token who experiences death I think the token will remain in the wallet. Maybe this is everyone's concern and maybe they have taught this to their children or siblings. So when they leave, people who have inherited a number of digital assets can already access it.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
March 20, 2019, 06:04:13 PM
Very interesting case for me. It is hard to believe to someone for giving your private keys and the person who has the private key can spend the bitcoin inside the address. After death my bitcoins will be lost forever.
full member
Activity: 700
Merit: 100
March 20, 2019, 06:02:15 PM
Nothing happens to them, they just stay in the wallet forever, or until they invent a quantum computer that can unlock the wallet.

The future of quantum computers are developing ,new versions of quantum pcs will be able to pass the restrictions of no-quantum resistant cryptocurrencies. Crypto holdings are only usable if person has a private key ,without private key it will be useless for that guy who passed away.
let's wait for the results, but I think there will be a key that can open the private key if the crypto is dead.
but there is also a possibility if the wallet is always updated and strengthened so that it will be difficult to open if you don't have the key.
so we won't know the results without us being there later.
hero member
Activity: 1358
Merit: 509
March 20, 2019, 05:40:05 PM
Nothing happens to them, they just stay in the wallet forever, or until they invent a quantum computer that can unlock the wallet.

The future of quantum computers are developing ,new versions of quantum pcs will be able to pass the restrictions of no-quantum resistant cryptocurrencies. Crypto holdings are only usable if person has a private key ,without private key it will be useless for that guy who passed away.
full member
Activity: 700
Merit: 100
Sovryn - 300-500% APY on USDT Deposit
March 20, 2019, 05:37:46 PM
if the wallet owner has died and no one knows the key from the wallet then the crypto he has will remain in the wallet forever,
no one can retrieve it unless they have a wallet key
if the crypto wallet owner really intends to give the crypto assets he has to his family, he will definitely make a power of attorney
and notify the wallet key to his family
full member
Activity: 486
Merit: 100
March 20, 2019, 04:22:00 PM
Nothing happens to them, they just stay in the wallet forever, or until they invent a quantum computer that can unlock the wallet.

Quantum will not so easy to open it. i guess any SHA already had quantum resistance. you need to understand what the quantum computer is and how it works. I guess it will degrade the SHA that used by crypto right now.
I am sure that in the next 10 years, the cryptocurrency market should not be afraid of new computing technologies. The danger is represented by economic methods of market manipulation.
hero member
Activity: 1540
Merit: 507
March 18, 2019, 06:53:23 PM
Nothing happens to them, they just stay in the wallet forever, or until they invent a quantum computer that can unlock the wallet.

Quantum will not so easy to open it. i guess any SHA already had quantum resistance. you need to understand what the quantum computer is and how it works. I guess it will degrade the SHA that used by crypto right now.
member
Activity: 434
Merit: 10
March 18, 2019, 06:28:41 PM
Nothing happens to them, they just stay in the wallet forever, or until they invent a quantum computer that can unlock the wallet.
member
Activity: 518
Merit: 11
March 18, 2019, 06:25:58 PM
Just like the  banking sector if you did  not  give or will your  wallet key  to anyone, no one will have access  to  the  portfolio, unlike  the  banking  sector, that your cahs  is secure  and still yours while you are alive, you must  ensure individual that have access to your wallet key can be trust. I believe the  CRYPTO sector is still evolving.
Of course Crypto will develop and can still provide great benefits if we can manage it well.
other than that we must be careful starting from ourselves even though the key wallet access is safe.
Crypto isn't dead yet, but he can still grow and develop so we have to be able to manage well so we can get money.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
March 18, 2019, 06:19:47 PM
Just like the  banking sector if you did  not  give or will your  wallet key  to anyone, no one will have access  to  the  portfolio, unlike  the  banking  sector, that your cahs  is secure  and still yours while you are alive, you must  ensure individual that have access to your wallet key can be trust. I believe the  CRYPTO sector is still evolving.
hero member
Activity: 1358
Merit: 509
March 18, 2019, 05:46:44 PM
I don't want to even think about death and what will be after with my property.
I am sure it would go to my closest family but they will have very hard time to find private keys.
Should I share private keys with my family now? Because I don't think I should.
I have a friend who knows most of the passwords, and I hope will help me when I die. In this regard you should trust one of the family or relatives. Once you die, there is no place to take this with you.
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