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Topic: What happens if we die? - page 7. (Read 5594 times)

newbie
Activity: 65
Merit: 0
June 20, 2018, 03:51:46 AM
A good observation there, thats why is good to carry one or two of our immediate family along in cryptocurrencies matter will involve. and more people are be angry because of that but when this is not a true more people happy and also me.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
June 20, 2018, 02:52:32 AM
When I die, before that happens I will teach my children to manage my bitcoin. And I've done that to the right to continue my bitcoin that has been running.

That's very bright idea, to teach our children about in bitcoin cause we don't know what happen tomorrow to our life, so we need to be prepared teaching them is not bad cause we know our investment in bitcoin it will continue. And I think our children thanks to us cause they know how manage an account in bitcoin for there future become successful.
sr. member
Activity: 331
Merit: 250
Personal Text: Blockchain with a Purpose
June 20, 2018, 02:24:42 AM
If we die all the properties we have will be divided among our family member. But there will be no one else be benefited on our accounts in cryptos, otherwise theres one family members know all about our accounts and passwords to access on our accounts.
full member
Activity: 378
Merit: 100
June 20, 2018, 02:16:18 AM
Well all that can happen to our lives and the number of coins will continue to fall if no one knows our key wallet, with that from now on let's introduce to family, friends and people around us what is Bitcoin, if one day we die Coins that we Collect will benefit the people around us and not wasted because we never share, remember sharing is beautiful.Even several bitcoin have been lost by people who are still alive but misplaced their wallet security. I just read about a wallet with 103 bitcoin whose owner can't access due to missing private keys. Your coins will forever be archived by your wallet.
newbie
Activity: 48
Merit: 0
June 19, 2018, 09:00:19 AM
nothing, the rest will live as before
full member
Activity: 582
Merit: 101
June 19, 2018, 08:58:35 AM
indeed death does not know when it will come to see us And that's for sure. if I die I will give all the assets I have for my family. especially in part for me to give to the needy .
member
Activity: 167
Merit: 10
June 19, 2018, 08:40:32 AM
Nope, this is no existential question (although...). Everybody's talking about "When will Bitcoin die", but what if you die, and your family don't find your key, or don't understand it, or think it's only a useless sheet of paper with some code on it, or simply throw it away... Does this mean the currency's gone forever?

I find the possibility of this event rather realistic (yup I don't believe in eternal life), so that means that someday there might be 21M BTC but only 18M (and counting down...) is left in the market?
Very well said. It has high possibility that it will happen in the future. So in order to avoid it happening, we need to teach someone we can trust about our bitcoin savings. Tell them how will it works, what will they do and give them knowledge about cryptocurrency. So that if unexpected happen to me there is a person knows my private key and password.
jr. member
Activity: 192
Merit: 1
June 18, 2018, 10:55:18 PM
Everyone does not know when he will experience the last road, death is never cared if you are healthy or not. You can face death without you knowing when it happened to you. For bitcoin members keep trying to do something to face death and to be careful about bitcoin purses, some people have more bitcoin in their wallets but he speaks first to talk to his family about his bitcoin. give your family some data about your bitcoin to take care of something you do not want in yourself.
full member
Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
June 18, 2018, 10:38:19 PM
I don't even believe right now that there are 18m Bitcoins that are in people's controls. They estimate around 4 million is lost already, and by the time majority of the mining gets done that number could increase to 5 million. That is why I like to use 16m total as a baseline for where we will end up, and I think the price should reflect the supply at least when it is all said and done.
jr. member
Activity: 192
Merit: 1
June 18, 2018, 10:11:47 PM
if we die at some point then all we have is also dead, for this problem we anticipate it better to choose someone who can be trusted to continue what we have now then all your own wealth will continue until your own children grandchildren . But if you keep it a secret, we think it's a free choice for you to decide.
newbie
Activity: 168
Merit: 0
June 18, 2018, 10:00:50 PM
There should have a program for that instances so that everything will not come to an end in just a twinkling of an eye everything gone. It should be very nice if there will have a project for this, seems impossible and I think so impossible for once lose it will forever lose.
hero member
Activity: 1190
Merit: 534
June 18, 2018, 09:54:53 PM
To be honest, if you are having a legal document or any document which is trusted by your family members behind you then you can always distribute your crypto funds among your family members along with the credentials of using it. It is true that we have lost a huge number of Bitcoins so far and hence as a user we should make some provision for the treatment of our crypto wealth after our death.
newbie
Activity: 84
Merit: 0
June 18, 2018, 09:50:37 PM
the first thing I have to do is make a will that contains the code that is not too complicated and the testament is only for the nearest person.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 18, 2018, 10:39:21 AM
Well if you a bitcoin holder and accidentally die.. your Crypto also dies. Unless your family have your keys and knows what Crypto currencies means.

so it is better to give the information about our coins to other members or at least someone that we trust so they can continue to use what we've done and they can have a better life. I don't want my coins will not worth to them because what I do is for them too and I will give something to their life. and now, I already told my parents and my brother and my sister what I am doing in the cryptocurrency so they know that I don't use that money for myself but for them too.
newbie
Activity: 115
Merit: 0
June 18, 2018, 08:28:16 AM
Well if you a bitcoin holder and accidentally die.. your Crypto also dies. Unless your family have your keys and knows what Crypto currencies means.

Agree all our investment will be gone once we die accidentally so it is very important that we inform atleast one of our family member that can access all the importants files we have. We can also save our files and video tutorial  in flash drive of a hard copy so they can easily access.
newbie
Activity: 167
Merit: 0
June 18, 2018, 08:16:10 AM
Well if you a bitcoin holder and accidentally die.. your Crypto also dies. Unless your family have your keys and knows what Crypto currencies means.
jr. member
Activity: 331
Merit: 3
June 18, 2018, 08:11:48 AM
It is very important to teach someone close to us to know about it maybe your husband , wife or child everything must not be secret to your family. Even if bitcoin will die the truth is some will die before then so it is very important to teach.
full member
Activity: 686
Merit: 100
June 18, 2018, 08:10:12 AM
Nope, this is no existential question (although...). Everybody's talking about "When will Bitcoin die", but what if you die, and your family don't find your key, or don't understand it, or think it's only a useless sheet of paper with some code on it, or simply throw it away... Does this mean the currency's gone forever?

I find the possibility of this event rather realistic (yup I don't believe in eternal life), so that means that someday there might be 21M BTC but only 18M (and counting down...) is left in the market?


I think the dead are obligations, but our BTC will live even though our little boy does not know. then from now on we teach them who knows when our time immediately died.
the passion for bitcoin users, bitcoin could save the lives of our children's spirits ...

You are right, I think we should share what are we doing to our family so that they will be aware of all our assets if ever there are something that might happen to us. We cannot really tell what may happen in the near future.

It's a good move to pass on the assets we have or the intelligence we have to our families.
member
Activity: 420
Merit: 11
BitHostCoin.io
June 18, 2018, 08:08:36 AM
Nope, this is no existential question (although...). Everybody's talking about "When will Bitcoin die", but what if you die, and your family don't find your key, or don't understand it, or think it's only a useless sheet of paper with some code on it, or simply throw it away... Does this mean the currency's gone forever?

I find the possibility of this event rather realistic (yup I don't believe in eternal life), so that means that someday there might be 21M BTC but only 18M (and counting down...) is left in the market?


I think the dead are obligations, but our BTC will live even though our little boy does not know. then from now on we teach them who knows when our time immediately died.
the passion for bitcoin users, bitcoin could save the lives of our children's spirits ...

You are right, I think we should share what are we doing to our family so that they will be aware of all our assets if ever there are something that might happen to us. We cannot really tell what may happen in the near future.
newbie
Activity: 196
Merit: 0
June 18, 2018, 08:00:36 AM
bitcoin will die if we die because bitcoin dont have protection.
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