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Topic: What happens to your Bitcoin when you Die? - page 16. (Read 5108 times)

newbie
Activity: 204
Merit: 0
I'm putting my password and pass keys in a will which will be left to y next of kin. I don't need bitcoins in the afterlife and if I have I would definitely want my family to have them. Although I will make sure to leave them to the most tech savvy and money conscious person in the family.
I don't want it to be squandered or have it scammed away from them.
full member
Activity: 420
Merit: 100
CAT.EX Exchange
I will prepare everything before I die. I will introduce and teach my family about bitcoin, how to get, use, keep and everything about bitcoin. so they can use and continue my work so my bitcoin will continue to grow and benefit them.
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...

i never thought about it. well, i have to first have a bitcoin together. then I think about it. but that will take some time, i think.
newbie
Activity: 196
Merit: 0
What happen to my bitcoin when i die, I will give it to my family and love ones. They all deserved it because they are my family. I think i don't need bitcoin if i die, so i will give it to them.
newbie
Activity: 147
Merit: 0
Ofcourse if time like that comes, my bitcoins will be given to my closest nephew. Perhaps, I will just put it into writing or in a video with duplicate copy explaining about it and regarding the private keys and other related keys for transaction. I will tell him where to get it and hope he will continue what I have started. Well, this thingay happen if I have already many bitcoins in my wallet.

Bitcoin is not like a retirement fund or even a savings account. No one needs to know if you have them, or how much money you have, or how you use them when you are not. Bitcoin provides a safe space for the storage of wealth and it can keep everyone secret.
newbie
Activity: 106
Merit: 0
Well, it will be sent to my children or relatives, I guess  Grin Grin Grin Grin 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.

In short, let your wife know how much money you really do have lol do not hide it from her
full member
Activity: 420
Merit: 101
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...
It will forever be lost unless you have person you trusted with your computer or phone that contains your passwords, pins, mnemonics, seeds, private keys or anything that will have access to your storage like soft wallets and hard wallets. This is one of the reason why bitcoin lowered its volatility because of stock or lost coins, number of bitcoins is increasing and so the lost coins the result would be a stable volatility rate.
newbie
Activity: 49
Merit: 0
In short, the price is strongly determined by the demand, which is known to be very volatile and speculative. At the moment, because of the lack of large turnover on Bitcoin exchanges, it is easier for them to manipulate.
newbie
Activity: 86
Merit: 0
I'll be making a note putting all my access code on my wallet. My relatives don't know about bitcoin, so i guess they'll have to seek professional assistance to open my wallet.Wink
full member
Activity: 574
Merit: 102
Maybe if I myself early on will I teach it to my son or brother so when things are not alleged to have occurred they have been able to resume her.
newbie
Activity: 42
Merit: 0
Now mostly people are looking for earnings at home so as not to go to the main job 1 earnings iata investing in Bitcoin Yes it's not free but still profitable.
newbie
Activity: 154
Merit: 0
If you made something to let your native people use your goods after death nothing bad will happen to bitcoin. In other case your bitcoins will die with you.
newbie
Activity: 144
Merit: 0
hmm  Huh I have not thought about it. Maybe tomorrow I will tell this to my brother. Then if anything happens to me, my brother can access and take over. yep, I really believe in my brother
sr. member
Activity: 547
Merit: 250
In a few years probably anybody will know how to use crypto currencies so all you have to do is save your private keys somewhere Cheesy
newbie
Activity: 162
Merit: 0
I will try to search an honest person who use it right way before I will die.I don't want no one crime by my ID.let's see what's happen with me.
full member
Activity: 448
Merit: 100
Lets Go Adab
Ofcourse if time like that comes, my bitcoins will be given to my closest nephew. Perhaps, I will just put it into writing or in a video with duplicate copy explaining about it and regarding the private keys and other related keys for transaction. I will tell him where to get it and hope he will continue what I have started. Well, this thingay happen if I have already many bitcoins in my wallet.

You can share your keys to anyone you trusted but that should happen when you are near death or you will leave the country and you wont be focusing anymore on earning cryptocurrency just in order for your coins not to go to waste.
full member
Activity: 571
Merit: 113
I dont know i think them die with me cause i dont have any people in around me
full member
Activity: 392
Merit: 101
dApps Development Automation Platform
My family knows i am into crypto currency and that i am somehow earning thru it but they have no access or whatsoever on my wallet or account, for that matter. Though there is someone who knows where i hid my passcodes and some other important stuffs regarding my account and so when i die, maybe that someone will be the only one who will know what will happen to my account and bitcoins.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
I talk to them about bitcoin and some of my family members knows how to access it or open my hardware wallet or even my online wallets ,
So in case anything happen I want them to use the many that I have saved I really think that it would help them a lot .
member
Activity: 378
Merit: 10
well maybe someone to my close family i tell them my private key to continue my bitcoin before i die,i will teach them how to participate or used the bitcoin properly,its not easy as that if the  person you teach is not interested,but i will do my best to exfoliate them to have interest in bitcoin,and they will know how to earn even im not there around
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