What happens to your Bitcoin when you Die? - page 11.

yudif

jr. member

Activity: 50

Merit: 1

Quote from: Lewoll on November 27, 2017, 02:23:23 PM

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 have not taught this to my family members but I think everyone should explain to at least one person. My parents may not be able to understand all this actually. I may tell about my investment to my sister in future.

DAVETUN

full member

Activity: 728

Merit: 101

Bitcoin is the currency of this age

My wife have access to my Wallet private ID, and also when my kids grown up, I will teach him all about crypto with that he to will be able to have access to my portfolio

sandos

sr. member

Activity: 440

Merit: 250

#SWGT CERTIK Audited

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.

godrey123

member

Activity: 188

Merit: 10

Quote from: Lewoll on November 27, 2017, 02:23:23 PM

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...

Basically when you die and no one knows your private key in bitcoin we will also say goodbye to your bitcoin. That is why I put all the earnings that I get in the bank so in case anything happens to me. My family can be able to gain from it. By the way, I do not hold crypto. whenever I get one I immediately sell it.

gogrowglow

jr. member

Activity: 308

Merit: 5

Teach someone you trust and love of the BITCOIN ways and if you think that it is the right time to handover your Bitcoin to him/her do it so and give him/her all the necessary information for him to access your BITCOIN or put it on your will that you want to pass it on to him with all the confendentiallity of your account, stating that he is only the one to be given the confidential letter. At least its the person you love who will benefits from your BITCOIN.

ka3na

newbie

Activity: 10

Merit: 0

If I die, for sure my Bitcoin Investment will be left in the cloud. It’s still there but my family cannot claim it because of the security precautions made by the wallet developer. Therefore it’s best to keep some back-up file somewhere together with the instruction on how to claim it when your gone.

Piggymonster

member

Activity: 294

Merit: 34

If i were to unexpectedly die, my siblings would take over my bitcoin property and divide it among themselves. I will write my private key along with my instructions on how to access my digital wealth and store it in a flash drive and keep it in my safety box. It is necessary to prepare for this kind of situation, because we really don't know when we will leave this earth and if we don't leave information behind somehow, then stored bitcoins could be lost forever.

Oliver Johnson

newbie

Activity: 29

Merit: 0

I'll give bitcoin to my wife, childs ofcourse

lxgiwyl18

newbie

Activity: 12

Merit: 0

Quote from: Real14Hero on March 25, 2018, 10:42:52 AM

Quote from: RACallanta on March 25, 2018, 08:30:53 AM

i think before i die. i will use it to buy my medicine, we can use it by medicine to saves life. or we give our account to the youngest person we love to our child or grand child to continue in process. its nice to have an experience with this cryptocurrency. i gain a lot of my knowledge that i can use in my real life..

This is the most stupid reply I read today.
How can you know that when are you going to die? Deaths don't always come by disease, at times it comes suddenly and hits you pretty hard (after all that's why its called death).

LOL! thats what he get watching too much TV drama series. He could be a good film director Cheesy

But in fairness to that guy he has a very good heart, IDK if he applies that in reality.

Breackup

jr. member

Activity: 294

Merit: 1

Quote from: Lewoll on November 27, 2017, 02:30:43 PM

Quote from: golub_io on November 27, 2017, 02:23:59 PM

Well, it will be sent to my children or relatives, I guess Grin

How could they do that? Unless you're going to give them your keys. Bitcoin is decentralized and no one will ever care and pass it on your relatives. When you lose your keys then you lose your money, and when we die, when it happens then they couldn't get whatever cryptocurrencies we have.

People give their resources to their children. They are inherited. The children gets all the resources of her parents. Like Bitcoin Resources Then there will be no exception. i will give me my children. I want Bitcoin to live the era of the era. After my death, my children should be able to hold this work, I will teach them about this. Also I am telling my husband about Bitcoin.Nobody can tell when people will die. If I die before, all of my Bitcoin notes are there. I will hand it over to him. In this way, my husband, Bitcoin, can work at my absence. But now I'm new. So I'd like to go to Bitcoin for a better place. I love Bitcoin.I wish ,Bitcoin will live forever between us.

Mishael

jr. member

Activity: 237

Merit: 1

My brother is also a bitcoin user. I will say that I keep the privat key somewhere in my computer. He can look it up and access it. I think he knows what he should do when I die. He already understands it, I do not need to explain at length.

Woolles890

member

Activity: 448

Merit: 10

A Blockchain Mobile Operator With Token Rewards

Quote from: Lewoll on November 27, 2017, 02:23:23 PM

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...

If I die I will not think of Bitcoin anymore. What I think are my charity and worship. Bitcoin is only a treasure in the world not for the Hereafter.

wahyu5

sr. member

Activity: 729

Merit: 250

I know bitcoin from a friend who has been 5 years since he invested bitcoin and I think successful because it already has a house and car and a lot of money. he always encouraged me to learn and try how to get as much bitcoin as possible. he always help my finances when I was in trouble. for me he was not just a friend because I assume as brother. Now I already have some bitcoin that if I sell enough to buy a house, but I still hold and wait when bitcoin prices reach above $ 22000. I believe in him and everything about my bitcoin and paswod only he knows, and I am sure if anything happened to me then everything my family right from bitcoin I would give him to my family. fortunate people have friends who can share and have the same vision and mission and can be believed.

Boknoyz

full member

Activity: 358

Merit: 108

I'll make sure to let my daughter, sons and my husband 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?

Jerzzz

sr. member

Activity: 415

Merit: 250

Actually if i died at early my bitcoin cannot bring it , i can di only is to pass for my loveones and to my relatives so invest your bitcoin to have more benefits so you can earn alot of bitcoin while working for the future. Someday your child can use your bitcoin and i hope he can use it for the good business and other purposes.

purgs08

newbie

Activity: 232

Merit: 0

Quote from: Lewoll on November 27, 2017, 02:23:23 PM

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 didn't teach teach them, well if i teach them there's no gonna go to their own business or school.
and also bitcoin will changes, bitcoin is not forever Cry

but this time i will earn more to get and to give to the other's who need help if i jackpot not i will give to charity that's enough to give to others.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

Quote from: frankybutterin on March 25, 2018, 10:33:17 PM

I have told my account, password, wallet, private key and this forum to my partner. I have written and kept all his data in the book. I do not save it in the computer because if one day my computer is damaged or lost then lost all my assets. and when I die then the one who will continue it is my partner.

That's good, I've also done the same thing, I keep all the data to access this account, the exchange and wallet on the flashdisk and then I have printed it. I just do not want what I get so long gone after I die, at least with us giving inheritance to someone whom we have believed could benefit them later.

BADecker

legendary

Activity: 3766

Merit: 1368

Since bitcoins are essentially virtual, maybe you can take them to Heaven with you.

Cheesy

notthematrix

legendary

Activity: 980

Merit: 1000

CryptoTalk.Org - Get Paid for every Post!

I gave all my keys to someone in my family, let's hope they'll know how to use it

frankybutterin

full member

Activity: 242

Merit: 100

“Blockchain Just Entered The Real World”

I have told my account, password, wallet, private key and this forum to my partner. I have written and kept all his data in the book. I do not save it in the computer because if one day my computer is damaged or lost then lost all my assets. and when I die then the one who will continue it is my partner.

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