Topic: What happens to your Bitcoin when you Die? - page 3. (Read 5122 times)
I think the trusted person is your family yeah even they didn't know it, at least you have a mate also who knows bitcoin very well and teach them how to withdraw, you don't need to teach your family if they don't know bitcoin. The point is they need to know how much your assets on bitcoin, that's it.
You should teach the member of you family if you are in bitcoin. Provide them information about your bitcoin. List down all you account and its password. Give them access from time to time for then to be familiar with bitcoin. Let them know the importance of it.
distribute it to people who need it. best spend all before dying ')
i dont think people think about that its new in our world so dont think people try do anyhting to teach thier families what to do with BTC or other coins if they die but yep with time it will be too as all will belive in 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...
Yes, my family knows my all account of bitcoin.I will give them my private key.when the times come i'm not worried about their financial problem..I'm hopefully that bitcoin will give a good support to my family. Do you want to take your Bitcoin with you when you're gone?
Let me hear it from your own opinions...
Yes of course, i really love my family and what is mine is their property also. I know them by heart and i trusted them, i will give them my private key. We don't really know when we will die, atleast my bitcoin wealth will surely be passed to them and will not die with me.
In this case, I told my brother how to use my investment, how to access my wallets. Unfortunately, we must anticipate every situation in life.
I also have everything in written form and my brother also know about bitcoin therefore i do not think that there will be any problem, in fact i am holding my bitcoin and not selling it right now because i am sure that in future it will give a good profit to my children, i am hopeful that bitcoin will give a good support to my family and will surely solve most of their financial problems.
Easy to use
To open an account for the company in our banks, you need to go through seven circles of hell. In the end, you can refuse without explanation. With bitcoin, you can forget about such a problem: you need five minutes to create a bitcoin-wallet and immediately start using it. Without questions, without commissions. More information on how to create a bitcoin-wallet, read in our article.
Anonymity
Yes Yes. It is completely anonymous and at the same time completely transparent. You can create an infinite number of bitcoins without binding to a name, address or any other information. But…
To open an account for the company in our banks, you need to go through seven circles of hell. In the end, you can refuse without explanation. With bitcoin, you can forget about such a problem: you need five minutes to create a bitcoin-wallet and immediately start using it. Without questions, without commissions. More information on how to create a bitcoin-wallet, read in our article.
Anonymity
Yes Yes. It is completely anonymous and at the same time completely transparent. You can create an infinite number of bitcoins without binding to a name, address or any other information. But…
I will be sent to my future children i guess.
Probably everything will stay in your wallet and those bitcoin would be lost for everybody. At least you can let your password to your close people if you are scared.
Hopefully I will not die anytime soon but in case this happens I am pretty sure my family can manage to get my money out of the exchanges and ledger.
if I am ready to be ready before I die, it seems that if it is a household, I will tell her before her, and if I have not married, I have told my parents ,,, our people are looking for money for themselves and family also right
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 or immediately you must write a will and in it indicate who will own your assets.
Once you die your money will not be accessible to others and that's a fact I do not think we should ever do something about this because they do not deserve your money anyway if you want a way so that it taken grab on the money even when you passed out is simply by making small chipper which only your family can explore and cancel someday I got you have to make it with the family stuff like old memories and some home stuff. Always remember you cannot tell them about it not until you are dying in the next movement.
if your bitcoin is worth something, you do the same thing you do for your valuables. write a will. put the necessary info on how to get it somewhere someone can locate when you are gone. tell a confidant (spouse, kids, relation)
I think that no one will be able to have access to your investments. Therefore, I also began to think about how to tell someone from close people data access to my investments in the event of an accident.
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
In this case, I told my brother how to use my investment, how to access my wallets. Unfortunately, we must anticipate every situation in life.
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 also think about this how those people who hold large amount of bitcoin think if this kind of event happened? Is there any paper or documents that has an attachment of information about his bitcoin. To pass to their family or friends. 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 think bitcoin is still there but nobody can open and claim my account. and will be continued by my children later so bitcoin keep running.
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