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Topic: What happens to your Bitcoin when you Die? - page 24. (Read 5086 times)

full member
Activity: 172
Merit: 100
I think i might have all my private keys or password kept somewhere safe that only my family members could open it. I will tell one of my family member that if it in case whatever happens to me find this bolt or whatever and wherever my legal documents being kept.
member
Activity: 406
Merit: 13
Well as for me all my wallet Key's and password are store in a safe deposits box which my wife has the secret key to open at any time, and again I have thought my 10 years old son everything he needs to know about bitcoin, and other cryptocurrencies with that I can be rest assured that if any thing happen my family can access what ever they need to access. I think is the best idea to let you family know everything that you own and how to access them in cases of emergency.
member
Activity: 239
Merit: 10
That's great news for this platform, Day by day Bitcoin is becoming an acceptable and reliable currency and is increasingly being accepted on many online platforms. So Bitcoin has become a popular investment and storage platform. causing more people to be interested in bitcoin because it now shows as a decent currency to use in everyday situations, such as buying food, and if KFC considers it a successful strategy to accept it, it might open more companies to jump. on board to receive btc Which in the long run helps crypto holders
member
Activity: 210
Merit: 11
yes, I think things like bitcoin should be passed on to my children and grandchildren, every success I achieve, must guarantee that my offspring will be able to live more successful than me. do not get left behind. if possible let me teach you during my life, otherwise I will make a will so that someday after my death can be forwarded and useful for the good of my family in the future.
I mean all you need to do is write down your private key on a paper wallet or something and hand it your trusted people also maybe include it in your will
newbie
Activity: 86
Merit: 0
I have shared my account details with my family members. They will manage if I die.
hero member
Activity: 2590
Merit: 644
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 wife and I are trader, miner and bounty hunter. so if I die then my wife will take over bitcoin and my other coins. but if we both die then bitcoin that we have will be stored in our wallet. because none of my family knows about bitcoin wallet and how to use it.

That is a good news for you that you and your wife is both into cryptocurrency and that will help you to have a peace of mind that you will not lose the cryptocurrencies that you have both in your wallets and the only chance that you guys will lose your entirely cryptocurrencies balance if you will die both at the same time which is impossible to happen.
member
Activity: 238
Merit: 10
I guess it is lost forever, and then there is less bitcoin for everybody else. Price goes up  Grin
There’s a lot of lost BITCOIN due to mispayments and shit and it’ll drive the price up but also artificially manipulate the entire cryptocurrency market cap
member
Activity: 238
Merit: 10
Unlike retirement funds or even savings accounts, no one needs to know that you own them, or how much you have in them or indeed how to access them without you. But I think any family member who knows about it can claim for the remainings.
Pretty much this unless you managed to safely hide your private keys, seeds, etc for all your cryptocurrency. But hey how many people know about cryptocurrency recovery
jr. member
Activity: 54
Merit: 10
I do not teach. I think that bit coins like those including loss will increase. It is very interesting how it affects bit coins.
sr. member
Activity: 728
Merit: 252
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 wife and I are trader, miner and bounty hunter. so if I die then my wife will take over bitcoin and my other coins. but if we both die then bitcoin that we have will be stored in our wallet. because none of my family knows about bitcoin wallet and how to use it.
full member
Activity: 442
Merit: 101
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: 96
Merit: 10
when i die my bitcions will fly away with me to the eternity.
i cant share my bitcoins with anyone .
dig my grave deeply
let it be narrow
oh dear
let it be narrow
sr. member
Activity: 523
Merit: 285
I gave my passwords to a really close friend who I can trust unqestioned. If something happens to me, he'll care about all my bitcoins and give my wife and daughter. (If you think as "what if he decide to cheat you", it means you don't have a real friend Smiley ) I hope we both'll have a great and long life and spend all our money together Wink
newbie
Activity: 71
Merit: 0
So there is nothing needs to worry. I have also tought my ten years old son how to use a bittcoin wallet. Of course, i have kept the private key in a save place that only my husband and son know. So, when i die, i will rest in peace.This is similar to those who bury their gold during "midnight gardening" and don't tell anyone, then keel over.
jr. member
Activity: 104
Merit: 5
It depends. If you share your private keys into a trustworthy person then he/she can have access to your hidden bitcoin and give it to the family. On the other side, if you just kept it until you die, then your bitcoins will be there unused forever.
member
Activity: 106
Merit: 15
Your Gate to Decentralized Internet
If you have not informed family members about your investment, you will loose all money. This applies to other investments as well like in bank deposits.
jr. member
Activity: 75
Merit: 1
store them on ledger nano s, and give password (and 24-word recovery phrase) to your lover, but hope you will have a wonderful life with all the gains from bitcoin before as anyone would die.
hero member
Activity: 2590
Merit: 644
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...

This is actually an interesting question. I believe that it is the same to our social media accounts and credit with in online games. It will still remain in our accounts. Not unless of course someone will claim for it, like submit some legal documents as proof that he or she is our closest relative. Then again, it is still wise to have a last will and testament when it comes to bitcoin.
It is best to have like that. We should create like a legal document so the bitcoin will be transferred into our relative or a family member that will continue your legacy and they will continue in dealing with the different cryptocurrencies because it is better to have someone that will get your bitcoin once you are dead and not just putting it within your account and doing nothing for the possible scenarios in the future.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
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...

This is actually an interesting question. I believe that it is the same to our social media accounts and credit with in online games. It will still remain in our accounts. Not unless of course someone will claim for it, like submit some legal documents as proof that he or she is our closest relative. Then again, it is still wise to have a last will and testament when it comes to bitcoin.
member
Activity: 434
Merit: 10
If someone die and he has big amount of bitcoin definitely his family take his money and also hi bitcoin that`s why you must have relatives knows your bitcoin wallet  so whatever happen your money is safe.
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