If you die, what will happen with your coins?

cherryganda

full member

Activity: 728

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Quote from: coinspam on October 13, 2017, 04:24:58 AM

If I die nothing will happen my coins. They will stay on the blockchain, just like they have always been and always will be. Same as your coins and every other of those 21 million Bitcoins.

Dont you have plans to save all your important files on a flash drive and place it somewhere safe,
leave a letter to your family that can be open or will be open once you die? just for the sake of your loved ones why don't you make them have your coins when you die? better they have it than rest it on blockchain forever.

piterpie

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Activity: 280

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Quote from: aitorp6 on October 13, 2017, 02:53:54 AM

Hi there

I have been thinking about this for a while and I have seen the same question in the Spanish thread. So, if you die do you have a plan to give you currencies to your relatives?

This is mu strategy: I have copied the paper wallets in a usb key, compressed with a password. The usb key contains a file with the instructions to guess the password (you have to know me in person). This usb has been put in my house, in the drawer, with some clothes. So if anything happens suddenly to me, I hope that my family, one day, will remove my clothes off and the usb will appear. If the follow the instructions the will keep all the money.

Any other ideas?

They will still exist there if someone gets my password. they will get it

mountrock

member

Activity: 154

Merit: 10

Coins and other wealth are just the same. if you keep them private then they will remain private lol

Max.junior1

newbie

Activity: 134

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Everything will be fine, because I tell the password to my trust person.

bajolijo

newbie

Activity: 112

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If i die,i will give my coins to my wife..because my wife know my key password

Eldimkos

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[BTC2] Bitcoin 2, BTC Fork 1:1, PoS 🔥 MN

Quote from: Andrianla on December 26, 2017, 01:51:01 AM

Good thread, because death is inevitable. I have a secret code to solve and that can break the code is my brother.

Nice idea

Andrianla

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Good thread, because death is inevitable. I have a secret code to solve and that can break the code is my brother.

King Koy

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That coins will wait until someone can hack it. Or I will till to my wife my password before I die.

rhenrhen

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Activity: 336

Merit: 10

If I die soon, maybe it would be better to let any member of your family to know your treasure in bitcoin. Perhaps they gonna continue what you have started or just cash it out and say thank you to bicoin. The only important thing there is to save the bitcoin. Opinion only. :-D

mazomazomazo066

newbie

Activity: 9

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Before i will die, i will spend my money/coins to everything i want to buy. And i will give to my family the other.

shadowhnter

newbie

Activity: 28

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Hi. I backup it and give my wife in mail.

papuayenigine

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CLOUT media.decentralised

I think the best solution for that is, adding the necessary informations to the testament. I don't think there is a better way.

verdi-crypto

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Activity: 406

Merit: 30

You should leave instructions on how to get your assets in a safe and give the combination to the person that is handling your will.
Also, it's better to describe what they can do with these assets, because there might be a chance that they can't withdraw or buy with them.

The best option in my opinion is to instruct the notary, or the lawyer, to keep the assets secure and untouched for like 5-10 years, which means that the funds will be tenfold at least.

Another thing I considered when I was thinking about this is that if your kids receive say a 100k inheritance they might waste it in two months, because they may not be responsible enough. So, what I would do is instruct the notary to give my money to the hiers only when they are either married with kids or they're ready to invest them properly.

rjp55

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I have a friend whom has my passwords in cryptocurrency, i think he'll take over those:)

baneng21

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Quote from: aitorp6 on October 13, 2017, 02:53:54 AM

Hi there

I have been thinking about this for a while and I have seen the same question in the Spanish thread. So, if you die do you have a plan to give you currencies to your relatives?

This is mu strategy: I have copied the paper wallets in a usb key, compressed with a password. The usb key contains a file with the instructions to guess the password (you have to know me in person). This usb has been put in my house, in the drawer, with some clothes. So if anything happens suddenly to me, I hope that my family, one day, will remove my clothes off and the usb will appear. If the follow the instructions the will keep all the money.

Any other ideas?

if I die, I might be calm because I work with my life partner, so all the coins that can be made for things that benefit the family and the crowd.

red00

jr. member

Activity: 112

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"The Cash Back Cryptocurrency"

i think my coin will be left behind when i die because i only know my password

taslimalfata

newbie

Activity: 78

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if i die, that is so sad Cry

Dollars4gold

newbie

Activity: 30

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Everything I do, I do with the intent that everything goes through my wife to my grandson. My son is onboard with this so there are no issues with this. To that end, I have multiple copies of my information, and my family is knowledgeable in how to retrieve the information.

Xampeuu

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Quote from: Eth-Jackcoin on December 23, 2017, 06:21:33 AM

Quote from: aitorp6 on October 13, 2017, 02:53:54 AM

Hi there

I have been thinking about this for a while and I have seen the same question in the Spanish thread. So, if you die do you have a plan to give you currencies to your relatives?

This is mu strategy: I have copied the paper wallets in a usb key, compressed with a password. The usb key contains a file with the instructions to guess the password (you have to know me in person). This usb has been put in my house, in the drawer, with some clothes. So if anything happens suddenly to me, I hope that my family, one day, will remove my clothes off and the usb will appear. If the follow the instructions the will keep all the money.

Any other ideas?

I'm gonna give to whom ever is closest to me that understand crypto-currencies. For instance, my elder brother introduced the crypto-world to me therefore he's gonna get them all.

For better way, since now we should give a private key to our families, when we're die then the family can access it.

Eth-Jackcoin

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https://assetsplit.org/

Quote from: aitorp6 on October 13, 2017, 02:53:54 AM

Hi there

I have been thinking about this for a while and I have seen the same question in the Spanish thread. So, if you die do you have a plan to give you currencies to your relatives?

This is mu strategy: I have copied the paper wallets in a usb key, compressed with a password. The usb key contains a file with the instructions to guess the password (you have to know me in person). This usb has been put in my house, in the drawer, with some clothes. So if anything happens suddenly to me, I hope that my family, one day, will remove my clothes off and the usb will appear. If the follow the instructions the will keep all the money.

Any other ideas?

I'm gonna give to whom ever is closest to me that understand crypto-currencies. For instance, my elder brother introduced the crypto-world to me therefore he's gonna get them all.

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