Author

Topic: Nobody know tomorrow (Entrust your account to someone else). (Read 484 times)

sr. member
Activity: 574
Merit: 290
Bitcoin in Niger State💯
Considering it is a family, you have to let someone in your family know what kind of investment you are into. But be careful not to be very specific so that you do not tempt one of your family members who is a greedy person to want to do something bad to you just to have access to the investment you've made. Your trust should not be easily earned.

There are various methods on this forum and even off-forum that have been suggested as ways to transfer your bitcoins to your loved ones in case of a sudden accident that takes your life. Explore these options.

It is good to hear from you now that there are ways one can transfer his/her bitcoins to family in the event of sudden death, I will also like to be acquainted to some of the ways one can achieve that because nobody knows when he will leave this world since nobody knows when they are going to truly die. I will love to also share those ways with my friends over here as I have friends who wish to transfer their bitcoins to charity organizations when they leave this world.

I know of the conventional banking methods you can use to transfer your funds upon your death and some of them are through writing a will and keeping it updated with the details of your designated beneficiaries or through joint accounts with rights of survivorship where funds are automatically transferred to the surviving account owner as well as tenancy by entirety meaning your funds are available to your married partners and the likes.

For u 2 keep ur private key as a secret dey good well well, so dat make hackers no come hack ur account, but di truth bi say, u dey 2day, but u no go dey 2morrow, so,  dey go be a particular person wey u go trust for ur family either na ur wife or ur son, so oo, he go dey very gud make u inform ur wife or ur son about ur bitcoin account, nd anytin wey dey fit 2 know, make u include everytin nd exclude notin, even ur private key nd so on, your life no dey your hand, na him bi di reason y u should trust some1, if u no tell dem, dey no go know, nd if u die na dem go worry most,  na now bi di right time, be4 it should bi 2 late 2 cry wen di head has been cutoff,

When you give me the option of choosing between my wife and my son, I may likely go for my son but that decision will come with conditions. The first condition is that my son will have reached the age of maturity. Second condition will be that, even he have reached maturity age, he have to be responsible enough to handle those finances, a character I will work towards teaching him from childhood especially if I have the plans of handing over my resources to him. Being an adult is one thing, and being responsible and mature enough to handle my wealth is another thing because it takes a lot of discipline to learn how to be financially responsible.

If my son does not reach these conditions, I will prefer to leave my assets to my wife. You may want to ask why I prefered my son first, and it only that my son is legally meant to inherit my wealth and even look after my family including my wife. Whereas my wife can even get married to another man and get my wealth distributed to her new family. However, the understanding between wife and I will greatly determine the decision I will take in this regard.

Naso mate, for family try get person you trust and make the person too dey believe you, make him loyal wey be say him go hard to betray you. E fit be your son, mother ,father or wife. Just try build trust. Like in my family I know everything about my younger ones, we share our secret keys to each other. No one go fit betray, our phone password are same thing, we love ourselves so much. E better u dey free with your siblings be open make una fit get bond e go hard to break it . Naso my family dey. The other day I be dey go through my late dad's documents I come see where him write him pin for one saving like that him be they do, naso I login come see plenty money ,I just text the company them invite us, naso we take collect the money. If our fada bin no write the pin keep naso that money for take go. Nobody knows tomorrow always be open to people that you trust.

Person go wan ask, what if one is not married nko, how you for take share your wealth when you die. I go first put my mama make she come first o. Na she I go give the larger percentage of the wealth then my elder brother. Because my elder brother will still try to look after the family as their head after my papa, but I know say even my brother get him own family and he go wan cater for them too.

I go also allocate some percentage to my other siblings too make them too hold something for hand and my popsi make him to hold body well. But honestly the person that will enjoy the larger part of my sweat na my mama oo. My popsi try for me too well well but he's already old and a man of his feet. So, instead of putting him first, I go prefer make my Momsi lavida my money wella. Something wey in the end, na still with popsi she go chop am. But if na popsi I give, him go always wan put plenty of his own responsibility on top the money.
member
Activity: 154
Merit: 32
For u 2 keep ur private key as a secret dey good well well, so dat make hackers no come hack ur account, but di truth bi say, u dey 2day, but u no go dey 2morrow, so,  dey go be a particular person wey u go trust for ur family either na ur wife or ur son, so oo, he go dey very gud make u inform ur wife or ur son about ur bitcoin account, nd anytin wey dey fit 2 know, make u include everytin nd exclude notin, even ur private key nd so on, your life no dey your hand, na him bi di reason y u should trust some1, if u no tell dem, dey no go know, nd if u die na dem go worry most,  na now bi di right time, be4 it should bi 2 late 2 cry wen di head has been cutoff,

U bi billionaire nd u come kick bucket without informing any1 about shares  way u hold, if u no tell ur family make dem know, some1 way no relate 2 u anywhere may  know, but since him no say ur family no, he go come dey reap where him no sow.

Naso mate, for family try get person you trust and make the person too dey believe you, make him loyal wey be say him go hard to betray you. E fit be your son, mother ,father or wife. Just try build trust. Like in my family I know everything about my younger ones, we share our secret keys to each other. No one go fit betray, our phone password are same thing, we love ourselves so much. E better u dey free with your siblings be open make una fit get bond e go hard to break it . Naso my family dey. The other day I be dey go through my late dad's documents I come see where him write him pin for one saving like that him be they do, naso I login come see plenty money ,I just text the company them invite us, naso we take collect the money. If our fada bin no write the pin keep naso that money for take go. Nobody knows tomorrow always be open to people that you trust.
member
Activity: 854
Merit: 13
Axioma Holding - Axioma Pay Crypto Card
For u 2 keep ur private key as a secret dey good well well, so dat make hackers no come hack ur account, but di truth bi say, u dey 2day, but u no go dey 2morrow, so,  dey go be a particular person wey u go trust for ur family either na ur wife or ur son, so oo, he go dey very gud make u inform ur wife or ur son about ur bitcoin account, nd anytin wey dey fit 2 know, make u include everytin nd exclude notin, even ur private key nd so on, your life no dey your hand, na him bi di reason y u should trust some1, if u no tell dem, dey no go know, nd if u die na dem go worry most,  na now bi di right time, be4 it should bi 2 late 2 cry wen di head has been cutoff,

U bi billionaire nd u come kick bucket without informing any1 about shares  way u hold, if u no tell ur family make dem know, some1 way no relate 2 u anywhere may  know, but since him no say ur family no, he go come dey reap where him no sow.
member
Activity: 154
Merit: 10
Patience is key
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.

na be why them say person most get one trusted person for their family or friends wey you fit tell some kind thing's them, you see about anything investment really need to tell someone about it because nobody knows tomorrow no be say we go die now but still get somebody wey you fit tell something's them. Okay for instance you done invest about $10,000 for your Bitcoin just check how much that money fit benefits you and your family, that's why in bank you most get next of king maybe that man no put anybody as next of king so the bank manager needs to faji the money well. But not only concerning bank things or investment but make we try get person wey we fit tell things for me na my brother know things about me. My account my life him know.
sr. member
Activity: 714
Merit: 347
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.

No one knows tomorrow and it is good for telling one person among our family our investment and also let them know how e be in case if we are no more, but it is going to be on a normal and a person that you trust very well in the family, in fact it will be good if you inform your parents about it than your brothers or sisters because some brothers and sisters are very stubborn some might use the opportunity to steal from you and some might even have bad intentions towards you so that he will enjoy your money, this matter wey you just bring about the bank manager don happen to my friend before and to be honest the matter pain all the family because of the matter, my guy papa get money because he be mechanic of tractors and he still Dey do all this farm work, the man get money but after he died nobody knows his password or any bank wey he Dey save money, the bank wey them go get at the end na UBA and when they go the bank show them the details say the man no get money for account, na only some changes and car and houses them get to share, so it will be good make we no too Dey hide things because if we die e don do be that.
legendary
Activity: 1456
Merit: 1108
Use chips.gg
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
Considering it is a family, you have to let someone in your family know what kind of investment you are into. But be careful not to be very specific so that you do not tempt one of your family members who is a greedy person to want to do something bad to you just to have access to the investment you've made. Your trust should not be easily earned.

There are various methods on this forum and even off-forum that have been suggested as ways to transfer your bitcoins to your loved ones in case of a sudden accident that takes your life. Explore these options.
full member
Activity: 350
Merit: 157
As you talk am na so e be. Nobody know weting go happen today, tomorrow or even next week. Na why anything we they do we need to plan our life seriously so that things no go catch us unaware. Before now ah done they hear discussion for other board about entrusting their Bitcoin portfolio to their heirs. And e get plenty talk wey people talk for there. I wan just share one thing wey i hear for there wey i keep for mind for so long now.

The thing be say no be to just get heirs or entrust your portfolio to person. The question na so the person know weting to do after the thing done enter him hand? I done see people for the country wey be say their papa or mama get better money con die later they come poor because they no fit take care of the wealth wey dem done drop for them.
member
Activity: 83
Merit: 16
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.

You dey correct for this talk we you dey talk, but the major problem wey many people get na say den they always talk say no body dey worthy to be trusted but na very bad thing say among everybody wey dey deh close to you, you no fit entrust your investment or account information Incase of say you dey again tomorrow because death is inevitable and some time nobody dey know when edey happen, some people go just sleep den no go wake up to say a word to in people or some time na accident, so emake sense say we try as much as possible to tell our love ones that we feels we can at least give certain level of trust for this kind of situation. make we learn from waitin wey don happened to others.
sr. member
Activity: 434
Merit: 253
There have been many topics in the general board on how to pass Bitcoin to heirs and I will recommend you go through the suggestions there. Many suggestions were raised there which can help people see what is possible and what is not as well as the weaknesses of the various ways that one can hand over his Bitcoin to their love ones. The discussion is not actually a conclusive one because as time goes own, there will be improvements in what we have now, meaning there will always be better alternatives hence the need to always engage in such discussions. It is actually a good thing you brought it to our local board too so we see what our fellow countrymen also think.

Using Locktime for inheritance planning, backups or gifts
HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION




member
Activity: 215
Merit: 60
This matter stew well well. Nobody fit predict the future so as this matter dey like this my own suggestion be say as person wey get investment no be everything naim person dey keep as a secret this kind matter now na to find one trusted person for your life carry your details give am to keep as we talk am nobody knows tomorrow e no good say you go get beta funds for your account and your family members no go know about am.

And some people wey dey say time Neva rich to unveil their investment for their family dey take one very big risk no time is too early when it comes to finance.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.

Bitcoin will grow to that level in the society when I feel there would be no need to even educate your family and friends around you about and that include you that's having a huge investment in it, I think it will be something that everyone would be aware that a portion of it will be with everyone or even if you don't hold it, the awareness that your spouse or child is having it will be there for certain and it's just a matter of time coming. If you are a holder now I think the ideal idea or purpose is to get huge profits from it so letting someone know like your wife isn't a bad idea especially when you know for sure that we are not really the owners of the life we are living.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
Death na one thing wey dey inevitable for life and eh fit happen to anybody at any point in time, that's why everybody need to get one thing for mind wey be say we all go die one day, however concerning this matter eh get wetin I for like suggest but on a second thought i done reason am come see say eh get em own disadvantage but I go still share am. If you notice, when you wan create account for bank, them dey implement next of kin policy wey go warranty person  to choose any of em trusted family members to get access to em money when eh die. Well, wetin I want talk be say, eh go fit dey possible for the Cryptocurrency sector to adopt that policy too in a way wey be say people go include email of their next of kin to Cryptocurrency related platforms especially those ones people dey save and invest with, then the platforms go dey message the next of kin if the owners of the account never login for a long time to check if them done die but the disadvantage be say the next of kin fit lie about am just to get access and claim the money, how una see am?
member
Activity: 364
Merit: 89
Reward: 10M Shen (Approx. 5000 BNB) Bounty
Op, waiting you dey talk here no be lie ooo because everybody na visitor for this world nobody go live forever and since we don't know how long we go live for this earth we suppose disclose somethings perhaps no be anyhow person we go disclose our important things too cause I believe say before person go die for this world him or her go don get close person I mean person wey go take good care of anything that belongs to the deceased person though sometimes they can be pretending to be nice but we can't tell and this person can be a mother, father, brother, sister, friend, daughter, son or maybe relative but it will be better for someone to enjoy it than for it to waste.

hero member
Activity: 658
Merit: 545
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
This thing de happen alot and no be for only Nigeria but everywhere. I no know why some people go get money but them no go get at least one person wey dem fit trust for their family now as them don die all the money don waste so and the family members now go de suffer. It’s a very bad practice to not let your family members in on your wealth, even if you don’t trust everyone at least their will be a single person you can’t trust and tell him about your wealth.

My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.
I believe almost everyone wey de this forum no go lose guard like that wey dem no go get person wey dem teach about their investment because i can remember similar topic have been discussed before and plenty people don know the dangers of not telling anyone about their investment. Also remember to be careful when choosing someone you trust because you will be telling them everything and also how to access your funds and that will make you vulnerable and if the trusted person is not trustworthy after all then your assets are at risk.
sr. member
Activity: 546
Merit: 342
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.
Well for of all you no talk lie and more over wetin we as human beings dey even dey work for? I believe say na to make things and life easy for the people wey we love and our family members so that suffer no go dey again. And in relation to watin you talk, well having a Bitcoin investment wey don yeild up better profit no dey easy and of we con get am then our family maybe wife or pikin no come know about am and we come leave am die, e go too bad because e go be like all your struggles and effort na waste because the people wey supposed enjoy the fruit no actually get access to am and Bitcoin no be something we fit even go claim ownership for bank if the person no get the seed phrase to your wallet so enlightened family member like pikin sef no be bad idea atleast we go get that confidence maybe getting old although I understand the context of it being private but atleast an exception can be made.
sr. member
Activity: 350
Merit: 255
Regardless of how the society has made it too deficult to trust people and even those that are our closest relative, It's not right to live a life where you don't trust anyone at all. You've got to learn how to trust someone you can tell somethings knowing that life is unpredictable. If you're a married person, telling your wife and one of your kids about your wealth is the best thing you should do cause for this case, there is no way someone that knows nothing about your Bitcoin holding would be able to retrieve them should anything happen to you. You can't trust your Bitcoin to a third party like what happens when you save up your wealth in the banks and have to ensure that a lawyer can distribute your wealth to your kids and family members you've left behind should anything happen to you. If it's for the case of the banks, it's easy to take a legal action against whoever is trying to deprive the family members access to the funds but that's never going to be possible with investing in Bitcoin and giving a third party access yo your keys. If you're not lucky, they might steal all your holdings before the emergency eventually happen or plan how to terminate your life just so they can have full possession of your asset.

member
Activity: 154
Merit: 32
To entrust your investment give your family member dey very important because nobody fit predict the future.We dey hear of cases wey wealthy men wey get investment and assets dey die without disclosing any inheritable investment or assets to their relatives,and in such case their family members go dey ravage in poverty while their father/uncle get investment or valuable asset wey fit help matter.And before person go disclose him investment give any of him relative na person wey him trust the most like wife or your child,after that educating the person about Bitcoin nai be next, enlighten the person about and Bitcoin how the Blockchain network works and how to keep seed phrase safe offline and private keys if na hardware wallet.Once an investor don enlighten the person wey him trust about Bitcoin even after the person don die the whole stuff no go dey new and confusing to the trustee.
no be lie, we need have a trusted member of the family to disclose our assets to. Person wey you believe say him no go fit betray you atall, person wey no dey do eye's service oh, na person you don over trust you fit tell about your seed pharse or line of business, e go choke you say many person wey Don die on this forum, dey no get any member of their family wey dem teach about forum activities and they dir, the account die too. E no goo like that,  we know say people bad, but have one person wey you dey tell things and teach them ,so tomorrow wen u no dey available him fit run am for you.
sr. member
Activity: 182
Merit: 120
Bitcoin na wetin person fit use form generational wealth as na better asset and nothing dey bad to tell family members about valuable asset like bitcoin, even bank details like pin and other details you fit tell the information give your family but this thing na choice something. Every family dey different as some go say they no trust their family but giving such information out to family members no mean say na every family member you go share seed phrase or bitcoin information with. Like I talk before na who you want to inherit your asset and investment you go tell, for me I really support this idea make e be say the investment still continue and as bitcoin dey gain popularity and na still digital currency the future of bitcoin bright, nobody know where bitcoin go dey in the next 10 years time.
member
Activity: 322
Merit: 70
To entrust your investment give your family member dey very important because nobody fit predict the future.We dey hear of cases wey wealthy men wey get investment and assets dey die without disclosing any inheritable investment or assets to their relatives,and in such case their family members go dey ravage in poverty while their father/uncle get investment or valuable asset wey fit help matter.And before person go disclose him investment give any of him relative na person wey him trust the most like wife or your child,after that educating the person about Bitcoin nai be next, enlighten the person about and Bitcoin how the Blockchain network works and how to keep seed phrase safe offline and private keys if na hardware wallet.Once an investor don enlighten the person wey him trust about Bitcoin even after the person don die the whole stuff no go dey new and confusing to the trustee.
sr. member
Activity: 770
Merit: 445
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
Na things like dis managers Dey do wey Dey make dem get money be that now, any account wey dem see say e don Dey dormant for some time, dem go start to Dey commot d money small small, na why if person get money for account, details suppose Dey WILL, so that if anything happen to person, Dey go fit know places wey you get money and how dem go take commot those money, make e no come be like say na stranger’s go come chop money wey person suffer work for.

E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
Things like dis no really make sense now, Wetin come be d use say person make money if family members no go enjoy am? Even if you don’t trust people, you suppose get at least one person wey you go tell everywhere wey your money Dey, or make u put am for WILL so that people go fit read am if u no Dey again.
member
Activity: 100
Merit: 35
Op weting you talk na true because the way the world be now no body knows tomorrow so for us to be in saver side e go better make we open up to our families more especially your wife because weting some many families dey surfer today na because their father no open up to them when in still dey Alive. However I think e dey very necessary for us wey dey into Bitcoin investment like this to always tell our family about weting we dey do so that Incase any emergency dey can be able to manage our investment very well, afterall or our hustling in this world is just for the betterment of our families.
Na true you talk but as we dey open up make we also know the kind of person we dey open up to make Dem no go useless wetin you suffer to build from stretch, we are all humans and humans can be unpredictable most times. E go really better make we teach our next generation on how to manage funds before passing it down to them. Nobody knows tomorrow shouldn't be about death and losing your investment alone, we should also be interested in raising our offsprings up to be able to manage our investments well while we are gone.
full member
Activity: 476
Merit: 230
God is All
Op weting you talk na true because the way the world be now no body knows tomorrow so for us to be in saver side e go better make we open up to our families more especially your wife because weting some many families dey surfer today na because their father no open up to them when in still dey Alive. However I think e dey very necessary for us wey dey into Bitcoin investment like this to always tell our family about weting we dey do so that Incase any emergency dey can be able to manage our investment very well, afterall or our hustling in this world is just for the betterment of our families.
Well as the world dey evolve everyday na only matter of time before we see say bitcoin total value sef go sky rocket and even the awareness sef go dey very massive to the extent of everyone getting to know it so the issue of your wife and children knowing about your holdings go really dey important because as we dey so everyone go surely meet old age and we no fit escape am.
sr. member
Activity: 490
Merit: 346
Let love lead
My greatest fear to release my walle seed phrase r private keys to a family member is for the person not to get greedy one day and utilize all my funds without giving others a sense of belonging in the inheritance, also you can give to someone and the person might even achieve it whilst you're alive, for this reasons I made it a little tricky.

I encrypted my keys myself, by running a simple NodeJS server and encrypting it with some secret key, without a third-party encryption service. the secret key for decryption of my seed phrase was then shared to my siblings in parts. upon my demise, they all have the authentication to the GitHub repository where I saved the encryption code and I have taught every one of them how to decrypt it. I printed the encryption to a file saved on the project, so they only need the secret key to decrypt.

I shared the key amongst them because I believe that there is no way all of them can come together to rob me of my coins at the same time, and no one can achieve my coins alone without the consent of others, furthermore, if they loose the physical copy of the secret key, they can refer to the drive where I saved it for each of them online to get their pairs and decrypt it together.
full member
Activity: 252
Merit: 57
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
Op weting you talk na true because the way the world be now no body knows tomorrow so for us to be in saver side e go better make we open up to our families more especially your wife because weting some many families dey surfer today na because their father no open up to them when in still dey Alive. However I think e dey very necessary for us wey dey into Bitcoin investment like this to always tell our family about weting we dey do so that Incase any emergency dey can be able to manage our investment very well, afterall or our hustling in this world is just for the betterment of our families.
hero member
Activity: 700
Merit: 577
Hire Bitcointalk Camp. Manager @ r7promotions.com
If it is Bank Account, I will entrust someone who will be my next of kin. And the problem is that there some next of kin passed on before the owner of the account. But Op don't give your forum account give anyone oh because the opposite is the case. But you can give your seed phrase to a trusted son, sister or brother but not a friend. And don't keep your security details in an open place. Always save guide your seed phrase. As others don tok am, we don talk dis matter for plenty times and all of dem still go down to giving your seed phrase to a trusted person in your family.

Nobody wish to die but it is inevitable so earlier is the best.
hero member
Activity: 728
Merit: 507
The Alliance Of Bitcointalk Translators - ENG>PID
We need to make adequate preparation on the next of kin to us, this can be someone very close and dearly to us like our children, wife or siblings, we should be careful as well in making plans on this because we cant tell if sooner or later it may come, but when we already have prepared down for the unexpected, if the worse should come, it will never be a tragic loss upon the asset we have with us.
In this regards i really agree with you with that next of kin because it very important, many people no dey put this next of kin serious, a woman who they work as civil servant com put her husband brother for her next of kin but when they give them orientation and tell them about a story that a particular staff die and him next of kin no they their family and when the next of kin here about the the person died he com make proper arrangements go the organisation go dey start to dey claim the person entitlement which the person was recognised and was issued all the necessary claims, after the person have claims and finished all the money them a family member then point out that since their brother and he was a civil servant they must be some entitlement that will be given to him, when the forward their complain they tell them that the next of kin have claimed the entitlement, that is when the woman change it to her son's name.
member
Activity: 84
Merit: 10
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.
Nobody know tomorrow is taughful something because as human we need to enjoy everything moment with our love one and sharing some vital information with them must be a person worth accountable and worth it to be able to achieve this.
sr. member
Activity: 504
Merit: 268
DGbet.fun - Crypto Sportsbook
I believe say one of the purpose of holding Bitcoin na to pass am to our children because those small sats wey we dey see as nothing when e reach their time, e go surely get value pass wattin we dey see now. So as your children they grow make you no forget to teach them about Bitcoin because nowadays small pikin of 2 years don already know the use of money so from there you fit just dey use play take they tell them the meaning of Bitcoin and crypto in general, then when them don they mature like 5 years you fit tell them say you get some Bitcoin. With all the teaching wey you don give at that time them supposed to know say na secret between you and them.
sr. member
Activity: 462
Merit: 355
The great city of God 🔥
Although this your topic na just thesame thing with this one wey you drop for Bitcoin discussion https://bitcointalksearch.org/topic/m.63857685 na just the local version of it be this one. But wettin you dey talk na truth and this particular incident dey affect us now for our society because the rate which bank managers dey behave with people's fund for bank no good atol. The fault of this whole matter from the bread winner of the house being the father. When the father go dey alive e sopos update him children on how him account and assets them dey, but him no go show him children maybe e go dey hide but when e don die the children go come dey suffer to collect him money from bank or any other assets wey dey around the world. Now wettin our parents sopos do for us or wetting we as a new parent to our children sopos do na to entrust most of our assets now to our children so that if anything should happen today or tomorrow e no go affect our children like the way e carry affect us too for our parents. Because most of the cause of that thing na ignorant. Emagin person wey be your next of kin no get signatory to your account or no get access to the account or no even dey awear say na him dem put for the next of kin. And when no body dey sure of who be next of kin wahala don dey be that. Bank manager go take advantage of that come suffer ona till ona go tire to fight for theoney till dem go take am.
sr. member
Activity: 224
Merit: 195
Let me believe other members here must have made things clear for you,  investments can be transferred from parents to children, from one sibling to another base on one or few circumstances that may occur. Life is unpredictable, we may look so strong and healthy but we never can tell what the next day, weeks or month holds so we need to be very smart on this. It is good for someone among your house hold to have access to your security phrase, someone to be very much trusted, it is not just Bitcoin alone but every other kinds of investment.
sr. member
Activity: 700
Merit: 470
Hope Jeremiah 17vs7
To be frank this one dey really important because as we dey invest for Bitcoin we suppose get next of kin incase anything or even if we die for good old age person supposed inherit our bitcoin. Also something fit happen way go require person to find money for us but if nobody cor know about our bitcoin holdings and nor see who give am, the matter fit cor worst and even lead to death.

The truth be say we suppose pray make we get reliable person/persons way we fit tel about our bitcoin holdings but the truth be say we suppose teach or make sure say the persons get knowledge about bitcoin and how to secure am so that they nor go use ignorance make us lost our bitcoin.

We don discuss this subject of Bitcoin inheritance for the global/English section of the forum well well, e no bad to tell your family member how to find your seed phrase if something bad happens to you, but you gats trust that person wella. You fit also use other patterns/methods for inheritance, like timelocked transaction, but that one go require the person to get some technical knowledge to sabi wetin dem suppose do, and to do it correctly.
Timelocked for Bitcoin dey really Important especially since we know the importance of HODLing bitcoin, especially as bitcoin Cor be the best store of value, we fit this method make them nor fit sell the Bitcoin even if they want sell am until the year way you put for them to fit use the coin while the setting of this timelock dey technical but the technicality Don reduce since e dey easier to calculate which block height go be the equivalent number of years, way you want way your bitcoin dey lock

full member
Activity: 952
Merit: 232
We humans na spiritual beings o. We no suppose dey reason to die early because things dey wey make God create us, wey we must do.
Besides to get money, to get wisdom na one basic thing wey every man suppose get in order not to be a mediocre in their time.
I believe say before person dey die, e go don dey get sign or maybe em sick, but e no dey happen like dat most times hence why e dey important to let someone close in. A blood relative or family or the friend that's closer than a brother should at least have an idea of how to follow up on details incase we pen down or give instructions in more crude ways.
sr. member
Activity: 588
Merit: 338
Infact e de very important for us wey de hodle Bitcoin to let a trusted person for our family or friend to know our seed phrase, I know say e no de easy to trust anoda person with our money matter, because dat family or friend fit be your enemy in disguise, but because no verification to move your Bitcoin without seed phrase, you need to trust a second party with your phrase secret, Incase of death . If person die, di family fit to trace im money for bank, make e remain how to collect am, but for Bitcoin matter, without password or seed phrase to move the coins, e don lose forever, so we no get much choice but to let a trusted person to know how far about our Bitcoin personal details.
full member
Activity: 350
Merit: 128
This reminded me of the period I was taking down my seed phrases on the piece of papers, It was like I was giving out my wills to my family, then I felt like I needed to call on my beloved wife that this is the key to my bitcoin access and it was to me that if I don't take such action of revealing my passkeys to my wife I may just give up and my investments will just be there growing uselessly while my family is out there surfing for financial help.

I've read replies of most forum users here saying such topic has been treated at some occasions in here and there but I can tell you all that it's my first time coming across one like this. Although I've also been considering such but doesn't know how to make it a topic for discussion here in the forum's.
But anyhow, it's important to tell your loved and trusted one about your investments, but to be technical with this as a bitcoin Investor with the Smart moves, I wouldn't encourage you to just tell anyone that this is the access key to your investment rather you can let your loved and trusted one know about the box storage in which you stores your very important documents in which it contains your valuables. There it should be clearly told that they're confidential files so that the secret bearing of it all would only lay between both of you.
You must be careful and sensitive enough not to entrust such secrecies to more than one person so that you can always have a trace to hold anyone responsible if your Privacies are being disclosed or tempered without your knowledge.
sr. member
Activity: 336
Merit: 365
The Alliance Of Bitcointalk Translators - ENG>PID
This has actually been a topic of discussion for many years in the Bitcoin community. A lot of similar stories has been shared about funds abandoned or lost due to inability or unawares of family members after the death of the original owner. Though it may be a good idea to share theses information with someone sometimes just Incase. No body plans to die but we still have to make plans because life is short and uncertain. If we assume nothing may actually happen, we might end up losing a huge amount of money stored in a place no one can access. Just like op had said, banks when they are finally notified of this and see the funds has remained untouched for many years they may steal it, while your family suffers with nothing.
Sharing these information with persons whom we trust so dear is the most vital solution.  We can say wife, siblings parents but it really depends on how much you trust them.
member
Activity: 364
Merit: 44
★Bitvest.io★ Play Plinko or Invest
The truth be say no be today we don dey discuss the matter for forum here and a lot of people don talk say instead of us to lose our investments anyhow E be at least make we find person wey we trust small tell am about our investments so that the unforeseen circumstances no go talk us unaware.

The unforseen circumstances wey you yan so don destroy many things for life, over secretive no too good, though life ni balance but any how there must be some one that one must trust to let some information open to he or her for those who have wife or children that is up to age is very important.
I can't wait to do what is needful to avoid story that touch after all this struggle one end up lossing just because one refuse to let close relation number one savings or investment, because a sit stand some bank if you die they will not even relate to your family the manager will just chop the money.
hero member
Activity: 812
Merit: 560
We need to make adequate preparation on the next of kin to us, this can be someone very close and dearly to us like our children, wife or siblings, we should be careful as well in making plans on this because we cant tell if sooner or later it may come, but when we already have prepared down for the unexpected, if the worse should come, it will never be a tragic loss upon the asset we have with us.
member
Activity: 168
Merit: 77
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.

Di truth be say, when people no dy alive again, na dia family, friends and relatives dem go dey feel pain pass. And na true say for Nigeria, many people no dey inform dia family and friends say dem don invest money for Bitcoin and crypto-currency. So if anything happen to the person, dia family fit no even know say dem get bitcoin or crypto assets. And if dia family no know, dem no go fit recover di money.
E be like say the biggest problem wey make this mata na di lack of awareness and understanding of crypto assets for Nigeria. Na still new concept for dis kontri, and many people no even know wetin crypto mean sef. So if di person wey invest no tell anybody say dem don invest, e fit be say dia family no know say dia fit recover di money if anything happen to di person. And some of dis people sef no dy get paper wey go show say dem get crypto assets. Dem no write down dia seed phrase or keep copy of dia private key. If dis tin happen di person no tell anybody say dem get crypto assets, and di person no get record of dia seed phrase or private key, na so the assets go just dey there like say dem no get owner. And if di assets no get owner, dem no go get anybody wey go claim am. So make we try make sure say we dy educate ourselves about crypto assets, and we go inform dia family and friends so that dem go know wetin dem fit do if anything happen to us.
But in addition to dis awareness, we fit also create legal documents wey go direct weda and how dem go claim assets if anything happen to us. But abeg make we no forget say na only one type of solution to di mata wey we dey talk here, and we go need to work together as community to find di best.
legendary
Activity: 2184
Merit: 1302
We don discuss this subject of Bitcoin inheritance for the global/English section of the forum well well, e no bad to tell your family member how to find your seed phrase if something bad happens to you, but you gats trust that person wella. You fit also use other patterns/methods for inheritance, like timelocked transaction, but that one go require the person to get some technical knowledge to sabi wetin dem suppose do, and to do it correctly.
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
The truth be say no be today we don dey discuss the matter for forum here and a lot of people don talk say instead of us to lose our investments anyhow E be at least make we find person wey we trust small tell am about our investments so that the unforeseen circumstances no go talk us unaware.

Just like some people wey dey use hardware wallet for here, na to give person like your wife or pikin wey fit stand know him right and left the passphrase or private key so that if you no dey any day em fit go open am use am one way or the other. E good to keep secret but E get some kind thing wey you need to think twice when you dey keep secret and one na your money issues, investments, bank details etc so that your people fit know how to waka use the funds do better thing for life if eventually you no dey again.
member
Activity: 116
Merit: 11
nobody no tomorrow even juju man Dy die.
Diz tin don dy bother me. Judging from the way our traditional bank Dy behave. One time like that I bin hear about one bank manager wey go withdraw money from customers account when en notice say the owners of the account dem don die, maybe the accounts dem don Dy dormant for so many years and e try to reach the customers but discover say dem no Dy alive again.
E get some family wey their fada get beta money for account but en no tell anybody till e die suddenly. Now the family go Dy suffer but their fada money Dy bank but dem no know.
My point na this our bitcoin wey many of us carry beta money buy as investment. Imagine say me wey get investment no come Dy again, na so my investment go just lost like that? I Dy reason weda we supposed inform person from our family wey we trust so that incase we no Dy again the person go fit get access to our investment make the money no lost like that.
How Una see this mata?
This things Dy happen live.
Jump to: