Topic: What happens to your Bitcoin when you Die? - page 27. (Read 5122 times)
If you leave your children and relatives with keys to your wallet, they will be able to use your Bitcoins. In another case, your coins will simply remain "in the air."
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...
Do you want to take your Bitcoin with you when you're gone?
Let me hear it from your own opinions...
Hi there Lewoll! I think I found something similar to your question a month ago. Anyway, when account holder dies and the wallet company notice that the account is inactive and no one came to claim the bitcoins, I think they will be the one who could get it. And no one could ever notice that they go back to the wallet company, because no one is wiling to check the transaction of the address. Thus, it is always good thing to educate your family or friends on bitcoin.
Well my family member have zero knowledge about the bitcoins.So maybe after my death all of my coins will be waste. Since non of them have my private keys nor my passwords. I have not made any backup keys for my wallet. This post force me to think about the backup maybe i should made one and share with my family.
This is a good question that most of us are not aware of. We must have a contingency plan and eduacate some in the familty about cryptocurrency so that whatever happens to us, someone can access our virtual assets. Also make some backups with some instructions and let it be keep by someone of our trusted family mebers or even in teh Last will 
It is not that easy, even if you trust your family members the whole point of bitcoin is to not have to trust anyone so we need to device a solution that allow to us to give our keys to our family members but that also allow us to do it only until the end of our lives. 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...
Do you want to take your Bitcoin with you when you're gone?
Let me hear it from your own opinions...
Mine is written on my record note, and my sisters and brother knows it. So I think this is the best one that your family knows about where did you put your record about bitcoin incase of emergency.
Yes sure it is one of the best ways to save bitcoins in the family. But sometimes there are no trusted persons/family members, and then it becomes problematic.
Well, it will be sent to my children or relatives, I guess 
Before I die I make a last testament that my bitcoin I give to my four kids equally and they will be continue my account in bitcoin for there future and continuing earning and gain high profit.
If you do not share the private key to anyone then no one will be able to reach your bitcoin number and your asset block will not move forever. At present, no country recognizes bitcoin as a property and inherits it.
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...
Do you want to take your Bitcoin with you when you're gone?
Let me hear it from your own opinions...
I was not looking for my own bitcoin, but also taught my family about bitcoin. So later if I die bitcoin that I have that can be utilized by my family, bitcoin is a wealth that can be inherited.
Yes of course, I teach the basics on how to access the bitcoin I have for the family, I do not want to die in the condition of carrying bitcoin. At least if I die, I give family allowance on bitcoin.
I didnt set it up yet, but there will be ways to set an up a will through a smart contract that will handle your Bitcoin or altcoin holdings after death. There are several platforms which will enable this service. I think my family must know bitcoin.
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I have often wondered about this and this aspect makes me nervous when it comes to saving large amounts of bitcoin. Will a attorney be able to say when i die my kids or relatives can take my wallets or will places say nope this cant be done as it is digital goods. I dont want to have no funds lost and any holding company like coinbase to keep the funds.
i believe when a person die away, their bitcoin may be lost forever because an online investors usually don't share their private key to other people, so no one can find out their bitcoin without any private key, and bitcoin will surely die with the die away people.
it does not happen anything to the bitcoin after you die you just need to keep all you account details safely and inform your beloved ones so that it would be helpful for them
Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Nope not in the next few years, i could make a statement saying that i will give you access to my bitcoin account when i die but i wont tell them any details as long as i live.
Do you want to take your Bitcoin with you when you're gone?
I could take my bitcoins together with me if my family is financially stable, but if not i would happily give them all that i got for them to live a good life.
If I die, before die I will nominate my husband for this. He will use it in his business & for my children.
It depends if your relatives or family members know that you have Bitcoin and have access to it. Otherwise, it will be just stuck in your wallet.
I will pass it to my wife and childrens if i've got married that time, but if not, i will give it to my parents or relatives when i'm nearly dying. I will teach them on how to do bitcoin when there's still time.
I think you can upload it as a file with a wallet on a flash drive. Just bequeath it your family.
I didn't even think of that. I will certainly sell and give money to my family. unless the death happened too suddenly and I can not sell out my Bitcoin
I told my closest one where I keep my private keys so they will have access to it in case I wont be able to reach the funds for whatever reason. Its always smart to care about stuff like this in advance, so you wont get caught by surprise if anything happens. Precaution is always advisable imho.
oh shit, thank you for posted. i think i should let my son know how to get into my wallet
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