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Topic: What happens to your Bitcoin when you Die? - page 10. (Read 5082 times)

member
Activity: 126
Merit: 10
with bitcoin, nothing will happen if you die. if your relatives have access to your bitcoin, they will inherit. if not then your bitcoin will be lost
full member
Activity: 462
Merit: 112
As what I know about it,  the death of the investor still possessed the right in that investment,  once you die you may transfer the right in that ownership in your relatives or your descendants.
newbie
Activity: 210
Merit: 0
I'll leave bitcoin in my purse, but of course I will tell it to my loved ones that my remains will not die so.
hero member
Activity: 840
Merit: 520
Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...
Your entire bitcoin will lost if you die and you kept your entire bitcoin wallet very private. Though one need not to share his blockchain password with everyone but there should be at least one person with whom you can share your password and if in worst condition any mishap happens to you, your savings, your hard work that you have done to provide luxurious life to your family will all go in vain.
full member
Activity: 314
Merit: 100
Well this question is quite interesting. I think I want to transfer all my bitcoins to my baby before I die. I will teach my relatives about bitcoin and how to trade this money to take precautions before I go. I think that is a big money for my work later
member
Activity: 574
Merit: 12
what happens to bitcoin when one dies is simple, your bitcoins are gone forever you gave someone your details and so the person will be able to access them and withdraw them
newbie
Activity: 18
Merit: 0
Since the primary objective of using bitcoin is the word anonymity, I think any of your relatives can claim your bitcoin. For me when you were provided by the person all of the necessary documents like your wallet addresses and passwords, you are able to trade bitcoins. This is the thing bitcoin is good at. How can be another bitcoin user know the name of the other user since bitcoin promotes secrecy of its users' profile.
newbie
Activity: 224
Merit: 0
bitcoin will allow my family to lead a free life, they will not need anything. this is an inheritance that can be passed on to your relatives. the main thing is to teach them how to properly use this means of payment and so that they can unlock my account in case of my death.
member
Activity: 728
Merit: 14
Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...

my best friend, that brought me to bitcoin, knows where i have my wallets stored and where the passwords are. also i knows where he has his coins stored and so on.
so when one of us dies, the other can recover the coins. we have agreed that we will inherit the coins from each other.
jr. member
Activity: 308
Merit: 4
It should be gain to my family because after me they must be known about it and having knowledge about it.
newbie
Activity: 87
Merit: 0
Of course our Bitcoin will be abandoned there and noone can touch it at all if you don't give your account and password or private key to anyone in this world.
That's a really bad stuffs when you're suddenly die and noone can touch your wallet at all. Really ankward situation.
full member
Activity: 378
Merit: 100
When Football meets Crypto
Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...

Obviously the coins you are holding will just go to wait and it will not circulate in the market but the best thing to do when you knew that you are near death then just share or your knowledge to your friend about cryptocurrency and how to use it in order for your coins not to go to waste.
jr. member
Activity: 96
Merit: 1
I'll make sure to let my children and my family know about my account in bitcoin. Before I die, I'll teach them on how to get it and convert it to cash. Or maybe I'll just convert it already before dying. there're many ways how your family can get your bitcoin. In the first place, you worked very hard to achieve it just to give them right?
full member
Activity: 378
Merit: 100
UNCLOAK™ - Cyber Threat Detection Powered by EOS™
Yes, If you are married, you and your spouse need to know all the passwords and how to trade coins. Otherwise nobody can access without keys and passwords.
newbie
Activity: 84
Merit: 0
Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...
I'm still young. I'm only 23. I think I can live at least 80 years. Haha, I don't know if bitcoin still exists when I die. I'd like to teach my family about how to access and use bitcoin, but they're not interested in it, so now they're not?
copper member
Activity: 504
Merit: 100
I think that nothing happens if your relatives do not have access to your transactions. one of the options, they can be swindled by scammers. because transactions and no data can not confirm that it is you who own the bitcoins. it is better not to think about it Cheesy Cheesy or immediately you must write a will and in it indicate who will own your assets.
newbie
Activity: 140
Merit: 0
For me im gonna teach my son as soon as he is ate his age and open minded..
newbie
Activity: 210
Merit: 0
Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...
When the time comes,I assure that my family would probably benefits all of my effort in this association.I never hide any secret to my family.I give them all the information of my account.
hero member
Activity: 1400
Merit: 501
Vave.com - Crypto Casino
I store my accounts and passwords in a USB and my family members can use it when I die. this is an easy way to protect my asset.
I think I will also have a similar plan because when I read this topic, my thoughts have been affected, although I am quite young but life is unpredictable, if I do not save my password and account related to bitcoin, when I die, my bitcoin will freeze in the account and my family will not get anything. I would not want that to happen, Bitcoin can be a very expensive asset in the future, my family will probably get a richer life, I should bring this best to them if I do not exist
member
Activity: 140
Merit: 10
Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...
What happens to your Bitcoin when you Die?
 I really think about it. I will leave for my relatives. To get their Bitcoin number, of course I would give the family a direct password or write it on paper ... but must be very secret ... only if they have the password can access Bitcoin mine.
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