Topic: My friend passed away and he have Bitcoin in his wallet - page 4. (Read 706 times)
As a family man or a member of a family in cryptocurrency, we need to get a storage device that can be kept safe with consent of someone, perhaps direct them to some trusted friend in the space that can access your portfolio in case you are not there or dead. The anonymous nature of the space and security consciousness may deprive the passing down of such a wealthy asset for the future rightful beneficiary. We will see more of this but we might need to reduce lost crypto asset with this mindset.
It's a good thing you shared this kind of unusual scenario, because at least some of us here has a friend who has Bitcoin or other alts in their wallet, and I know how difficult it is to explain and teach the parents who are not so tech savvy specially that they haven't become interested in digital currency.
Well, letting his parents know about this will be always be the right thing to do, but If your friend have just passed away, at least give some time for his parents to grieve, and tell them about it after maybe a month. They might get less interested or worse ignore it at this moment of grief.
Well, letting his parents know about this will be always be the right thing to do, but If your friend have just passed away, at least give some time for his parents to grieve, and tell them about it after maybe a month. They might get less interested or worse ignore it at this moment of grief.
Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
It is the right thing to tell his parents whatever asset the guy left after his death. You can try to contact them first with the number then through video call, you can instruct them on what to do. If it is to troublesome, you can then let your friend that is leaving near them to get involved. I hope the friend that died kept his private key on his PC, and the PC or unit he is using is not encrypted.
Just talk to the other friend about it first, because it won't be easy teaching bitcoin to his father over the phone. Have the other friend liquidate the bitcoin to cash and present it to the parents for them to inherit, they probably won't learn how to use bitcoin just because their son left behind a lot of it when he passed.
~do you guys think it's a good idea to tell his parents about it?~
If you have his father's phone, then it is a good idea to call his father. However, it is better if his parents know about the possibility of Bitcoin in his wallets. He should know what his son has. And at least you have shared the important information to his father as a friend. Regarding what will his father does, you must let him decide it. If he knows how to track the private keys and how to access the wallets, then you only need to share the information. But if his father doesn't know anything about the Bitcoin technology, you need to guide him, at least by sending some instructions or the like. 
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
First of all, condolence to you bud and rest in peace to him. You should tell his parents that he/she has bitcoins stored in his wallet 'cause it might help their family. I don't find any problem with it telling them since Bitcoin isn't a bad thing. If they ask about it, you'll be the one who should be responsible to answer all of those questions since you're the one who will tell about it. I hope you find the keys to his wallet, good luck mate.
I'm pretty sure your friend would be happy to know that you are willing to help his bereaved family get something from his stash, however you must first give them some time to grieve and let them mourn for their lost loved one. A month or two after, perhaps you can message them about it and teach them how to find the mnemonics, private key or whatever and redeem it. I do hope that they get to have those coins and use it for their own sake since your friend would also want that to happen for sure.
Just hope that your friend left some easy to find clues and the PC or laptop that he's using does not have any password into them, so as to aid your cause and for his parents to not have a hard time getting those coins.
Just hope that your friend left some easy to find clues and the PC or laptop that he's using does not have any password into them, so as to aid your cause and for his parents to not have a hard time getting those coins.
If he's got a crap load of Bitcoin sitting on his computer, then it's wise to tell his parents before they end up selling his computer and the rest of his belongings.
Since his parents are almost certainly his next of kin, then they'll be the ones to inherit the funds.
Although it might seem insensitive to do it straight away, you should at least let them know they shouldn't sell the computer until after this check has been done. If they don't know how to do it, they could just install Teamviewer on the PC and you can do it for them remotely.
Hopefully his seed phrase is hidden somewhere easily accessible.
Since his parents are almost certainly his next of kin, then they'll be the ones to inherit the funds.
Although it might seem insensitive to do it straight away, you should at least let them know they shouldn't sell the computer until after this check has been done. If they don't know how to do it, they could just install Teamviewer on the PC and you can do it for them remotely.
Hopefully his seed phrase is hidden somewhere easily accessible.
First of all condolences.
Then if it's really worth it for them you should make them aware (I mean if this is not an amount that "can change" the life I will just wait, you're just renovating their pain for their big loss... but probably is also a cultural prospective)
So in a delicate situation if it's really worthing at a certain point yes you should explain this kind of stuff and explain clearly that is really hard to trust someone that can access to laptop/other data for them.
I mean it's full of con artist ready to stole money/bitcoin. If they don't know the public key there is an huge risk that they can get scammed
since no one can be aware of what is happening.
You don't know any of public address used by him? maybe this can help to avoid any scam attempt...
Then if it's really worth it for them you should make them aware (I mean if this is not an amount that "can change" the life I will just wait, you're just renovating their pain for their big loss... but probably is also a cultural prospective)
So in a delicate situation if it's really worthing at a certain point yes you should explain this kind of stuff and explain clearly that is really hard to trust someone that can access to laptop/other data for them.
I mean it's full of con artist ready to stole money/bitcoin. If they don't know the public key there is an huge risk that they can get scammed
since no one can be aware of what is happening.You don't know any of public address used by him? maybe this can help to avoid any scam attempt...
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
Give them first a time to mourn. Even they don't have ideas on what will you supposedly told them, in a conditioned and relaxed mind, they will learn how to do it. There might be some close friends to them who can help and knows this bitcoin thing.
Does your friend living close to them know this bitcoin stuff? If yes, then good. Tell the family that someone is willing to help them. If no, then let your friend not be involved here.
But remember, when the time comes now that you need to tell them about bitcoin, just assist them "if they told you to do so". Don't say right away that you will help them access it.
I'm sorry about his death. RIP.
Firstly, his parents are/seems old school and now isn't now the right time because it'll be a bit a big time to put. Even now, you aren't sure of where is private key is stored and what if he has a 2fa on his wallet. It's going to be difficult to access such wallet.
Firstly, his parents are/seems old school and now isn't now the right time because it'll be a bit a big time to put. Even now, you aren't sure of where is private key is stored and what if he has a 2fa on his wallet. It's going to be difficult to access such wallet.
Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
My deep condolences and I'm sorry for the loss of your friend. Earlier, I had a thread of mine about inheriting Bitcoin to my family and loved ones in case something happens to me whether by accident, health deterioration or any circumstance.
I would make sure that my family would have access to my assets by saving it on my notebook and keep it inside a box (in case there's a fire or so in order not to burn down my notes). I can also save it on a USB or external hard drive with all keystore files, passwords, private keys, seed phrases and other stuff.
My family is already aware that I do Bitcoin and cryptocurrencies for more than 2 years. I would think of putting the notebook in a fireproof box with a message saying "Open this box when I die anytime. This is my inheritance to the entire family.", and also the USB with all the details in case they do not want to write the password or private key manually. I will also leave a fingerprint of mine in a cropped plastic cover because some Bitcoin apps of mine has 2FA and needs access to my phone with fingerprint, or I can leave a passcode as well.
You can tell your friend's parents about it like if he has his own room, they would look for some piece of paper, notebook or so with his private keys, seed phrases, etc.
I think it is much better if you can tell them in person instead of through the phone, as it is, they are in the state of morning and will be very sad at this time, so telling them about things they have no idea on the phone would sound a bit confusing to them, very heartbreaking to hear this, condolence.
Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
It will be worthless if there's no one will be able to access those wallet or wallets.It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
Calling his realtives and discuss about those assets that your friend have is very important, it willSo I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
be use for his funeral and also be a good help for his family.
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
It's a duty call for you being a good friend, for sure you won't like to waste those assets that your friendhave, it's best to inform his parents about it.
yes tell his parents I personally have a box with instructions for my son and wife in case that happens to me
First of all, my deepest condolences for your loss and for the bereaved family. Now sir, if by any chance the deceased really had quite a good amount of crypto currencies when he was still alive, then there really is a great chance that he has an untouched wallet with bitcoins or other coins somewhere in his smartphones, pc or maybe a hardwallet for those coins since he died. If so, then the family of your deceased friend has the right to know about this and decide whatever they wanna do with those coins; whether they wanna get their hands on those coins for their own purposes or keep it untouched the way it is as respect for the deceased. Either way, you should contact the parents together with your other friend near them so he can help the parents in understanding about the worth of those coins.
On a side note, it is always refreshing to see people like you who value enough your friends that you also care about their parents. And for that you deserve a merit.
On a side note, it is always refreshing to see people like you who value enough your friends that you also care about their parents. And for that you deserve a merit.
Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
You should tell his parents about the bitcoins in your friend's wallet, also you must be knowing his public key, so you can check the amount of bitcoins that he was having and tell their parents the dollar value of his bitcoins. Maybe they will get a lot of financial help with this money that their son left in investments. At least a good friend in my position would have done the same if I were you. Also please tell them to not share that key with anyone else as they can take that money and they will never know who took the money. It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
It is not a bad idea if you tell his parents. Depending on your level of closeness you have with your late friend, you may need to tell any of his parent that you know will be ready to listen to you and do not see you as someone intending to scam them because they do not know what bitcoin is. You need to enlighten them and tell them what bitcoin is and also provide them some of the proofs you have that makes you believe your late Friend has bitcoin in his wallet. I wish you best of luck. Do not forget to keep us updated.
I'm sorry for the passing of your friend. Okay, the other friend of yours, do you trust him, and do you think that he'll say the true thing if ever he found out that there's a stash of bitcoin on your friend's computer? I suggest you go there personally and if the parents can wait, that's much better because they'll trust you more than any other peer. Ask the parents if there's something that their son has said about keys or passwords or wallets, etc.
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
You ask and do something "call" is a good idea.My suggestion;
1. If you can, you should meet parents, your friends who died, to tell and teach their parents, how to operate a Bitcoin wallet and tokens that are stored by your friends, which are gone.
2. You tell one of your other friends (alive), to meet a deceased parent, to help them operate a Bitcoin wallet.
I just hope for your friend who is gone, Bitcoin password / exchange he uses.
OP: Yes, that's a good step so far, you did it.
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