What happens to your Bitcoin when you Die? - page 37.

Zicadis

legendary

Activity: 1372

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Dump it!!!

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?

I think teaching someone(family member) how to use a bitcoin wallet is okay but giving them access to your wallet would be risky as they wouldnt know the value of the digital currency and would be tempted to spend some without your consent and might end up losing everything.

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

Do you want to take your Bitcoin with you when you're gone?

No ways, we wouldn't have much use with the bitcoins when you go the other side

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

Let me hear it from your own opinions...

Coming to the subject matter of what happens to your Bitcoins when you Die, If no one has access to them they will remain as a lost treasure!

bribed

full member

Activity: 238

Merit: 100

I didnt set it up yet, but there will be ways to set a 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, for example Mywish or BitBay, I think also Via can be used for this. My favourite is BitBay, this platform is great.

aray80

member

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Because bitcoin is money, so it can be a heritage for children and wives ....

reda

sr. member

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Quote from: dangdangdang on December 07, 2017, 01:45:10 AM

Quote from: millgates on December 07, 2017, 12:12:43 AM

There is no problem with my bitcoin if I die, I told about anything to my parents and brother. I tell them about my private key, identifier, wallet that I use, password and amount of bitcoin that I have. I hope those nformations will help them to access my wallet if I die.

That's fortunate, a lot of people now didn't tell their family about their keys but I hope it's not too late.
I have a Bitcoin now but a portion, but hopefully my sister will access it just in case.

I thing bitcoin will not die. but it will die. I will hold the all process and save the bitcoin for the some future purposs. I will wait for the start the new bitcoin process. So bitcoin will be creative next time process works. I will get more information from bitcoin. So it will not dei. It will grownup the future. It give opportunity for the improve your self.

dangdangdang

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Quote from: millgates on December 07, 2017, 12:12:43 AM

There is no problem with my bitcoin if I die, I told about anything to my parents and brother. I tell them about my private key, identifier, wallet that I use, password and amount of bitcoin that I have. I hope those nformations will help them to access my wallet if I die.

That's fortunate, a lot of people now didn't tell their family about their keys but I hope it's not too late.
I have a Bitcoin now but a portion, but hopefully my sister will access it just in case.

millgates

sr. member

Activity: 714

Merit: 250

There is no problem with my bitcoin if I die, I told about anything to my parents and brother. I tell them about my private key, identifier, wallet that I use, password and amount of bitcoin that I have. I hope those nformations will help them to access my wallet if I die.

paxaway21

member

Activity: 364

Merit: 10

what would happen to my bitcoin when I was dead and if ever there was bitcoin when I was dead I would be able to send my family to even though I was still in the world with them still having money and still helping them, so now I'm teaching my brothers and sisters to teach them so that they can teach their family someday. so bitcoin should be distributed to everyone for the next generation.

Matthewmorris4

member

Activity: 350

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BitbondSTO.com | Germany’s First STO | Earn Stable

I don't have part of my family members that with IT background.
most of them are didn't know actually how to operate a computer, except my sister.

But for now, i didn't teach them, there's a time when i'll need to teach it to her.
because bitcoin is the best legacy

johnrickdalaygon

full member

Activity: 182

Merit: 100

Actually, my family member did not know about bitcoin but i can teach them how to use it. But, the hard thing is how i can transfer to them my bitcoin if they did not know how bitcoin works? Grin

I don't know when did i died Cheesy

So, for me the better solution is to create or backup all of my account information that only my family knows.

redsuncrypto

newbie

Activity: 101

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'll give the key for my child in emergency

traderethereum

hero member

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Vave.com - Crypto Casino

before I die, I will give my bitcoin to my family, teach them how to use bitcoin so they can continue my journey to increase the financial with bitcoin. I will tell them that they can use bitcoin for anything they want and I hope that they can fill their daily needs with the money from bitcoin. I will gladly if they want to donate some of their profit to other people which really need money so the other people can stay living like what I teach to them.

Kakawate

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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 you die, and nobody knows about your accounts and passwords then your bitcoins are lost forever. That is why, we need to atleast tell somebody we trust, like our family or trusted friend about it, just so he can retrieve it if something happened to you.

MkGregor

jr. member

Activity: 224

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Can't say, that it did not cross my mind, but at the moment the amount I'm holding would not affect their lives in any meaningful way, so not worth to bother. But in future, shall I hold something substantial, absolutely I would put procedures in place to let them access it.

CryptoBeetle

newbie

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Interesting topic. Following this thread!

Glorypaasa

full member

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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 my bitcoin will die too so as its early i want to teach my family to use this example is my sister i will give all my password to her so just incaseif it happens because they didnt know what will happen everyday so make it sure that some people know about your all privacy infromation .

kenjay11

member

Activity: 73

Merit: 10

Of course I prefer to teach my family how to access and use my bitcoin in case I die, because I do not want to include my bitcoin if I'm gone. And of course all of my hard work and suffering will go to nothing if I don't give my bitcoin to my family or to my friend.

ezekhiele

member

Activity: 196

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" As long as you love me"

No one can predict our death and along the way we may encounter unexpected accidents
Since, I am a member in bitcoin, i will informed my wife and my family about my account so that if ill die someone will continue what ive started. That is the good essence of bitcoin because you can pass it from generation to generation.

ceyceyki

member

Activity: 126

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Renewable Energy Cryptocurrency

Actually I should write a letter to notary and when I die they should give my wallet details to my family. It is a very important thing guys and serious. Imagine you buy altcoin and 5 years later it makes 100x and you become millionare but you died. Even your family cannot take it. You should think about that.

thet

full member

Activity: 322

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elysian.finance

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...

My password and all the details are in good hands, they can get it if they can. I told thrm about my income but don't believe me that much.

bettingscores

newbie

Activity: 28

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...

it keeps stored in your address until someone redeem or crack your private keys.

Topic: What happens to your Bitcoin when you Die? - page 37. (Read 5108 times)