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Topic: What happens with my crypto when I die? - page 9. (Read 3044 times)

newbie
Activity: 57
Merit: 0
I've heard about some projects that think about testament on the blockchain.
Such solutions even have been integrated in a new kind of wealth managemene, retirement planning systems and so on)

Luckily, I had no possibility to prove its operational state)
sr. member
Activity: 938
Merit: 251
The thread is really fun to read, those are really possible, well for me having back-up and keys given to someone you really trust is better, it's like they became the beneficiary of you crypto wealth as well the one who will continue your cryptohub journey.
member
Activity: 719
Merit: 10
ORBIS PLATFORM
if you die, your cryptocurrency will die down with you too. but the best way I know is you have to explain your family members about Bitcoin and give heirs to trusting children or relatives, and they should know the basic idea of what is Bitcoin and how it works Bitcoin transactions. so your crypto is not , siya- if you die because there are already heirs.
member
Activity: 322
Merit: 10
Bitcoin is always available on the internet. Bitcoin is considered to be the most influential currency in the world and is always sought after by people. But its security is not so good and we should be careful about storing Bitcoin in some places/webs.
sr. member
Activity: 1572
Merit: 267
You can break it down to. What happened to my penis ?


Well it stopped fucking and then it had a brake..
newbie
Activity: 207
Merit: 0
I never thought about this problem. nothing will happen with your crypto when you will die. I'm sure our crypto will remain safe even though we're dead, but make sure we've given the key to someone we really trust so they can continue to invest.
trust me that your investment will remain in the air for good.
sr. member
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
nothing will happen: your crypto-currencies will be lost. so if you are interested that this does not happen, just indicate the details of your wallet for your relatives, and it is desirable to indicate it in the will. and then your crypto-currencies will be safe and sound.
Yes when you die and no ones whats your private keys is, your bitcoin will still remain on it and it will just be worthless because no one can used it. Unlike if you have trusted one person where you can share your password then nothing to worry about because it will be useful and helpful for that person.
newbie
Activity: 126
Merit: 0
Before you will de ,especially through sickness, then you might have a chance to give your cryptocurrency account to your beneficiaries, then give your passwords for your secret folders , the folders you stores you details about your bitcoin, and the keywords  to your account before you died , in emergency cases , you must have password and keys to open your account to your trusted persons, especially your members of the family
jr. member
Activity: 224
Merit: 1
One can fall gravely ill or die unexpectedly. Will your loved ones know what to do and, most importantly,
where to look for important documents to guide their decision-making? NO.
If a Bitcoin owner dies without passing on the private key, his heirs may discover his wallet only to realize that
they will never gain access to the wealth inside. To prevent this, the owner simply has to ensure that someone gets a copy
of the private key by writing it down, storing it on a flash memory drive, or entrusting it with a commercial service that manages them.
the Bitcoins are not listed in a will, they are susceptible to what estate lawyers call “probate by truck”—where heirs walk off with property
by claiming that “he would have wanted me to have it.” The difference is, instead of a favorite lamp or piece of jewelry, a relative might walk
off with the private key to a Bitcoin wallet worth thousands or millions of dollars.
hero member
Activity: 743
Merit: 500
nothing will happen: your crypto-currencies will be lost. so if you are interested that this does not happen, just indicate the details of your wallet for your relatives, and it is desirable to indicate it in the will. and then your crypto-currencies will be safe and sound.
as bitcoin exist we can use it well when it may have to die for there is a possibility that it may looks for nothing we should have to aware if this can be happen try to just store it and if there is no other way cause bitcoin totally die then it may look for you cant get anything on it even buying for anything you want everything will be useless.
full member
Activity: 378
Merit: 100
 And I think that if you have even a small amount of BTC that you plan not to touch for a long time, it's worth taking care of it. After all, after a certain period of time, this trifle can be equal to several tens of thousands of dollars.Order of actions:
 
 - inform potential heirs about what you have and how to get access to it (do not disclose your keys),
 - make an inventory of crypto and ways to access them (the list does not need to include a specific amount of cryptocurrencies, it should include the transfer of assets, the location of keys, passwords, pin codes and software that will be required to extract them).
 
Something like that. Instruction for receipt of the funds must be described with the maximum easy to understand. Such lists and instructions should be 2-3 copies and they should be known to a very narrow circle of people whom you trust 100%. Or these lists should be in a place where your relatives will be available only in case of your"leaving". After that, you can not worry about what your relatives in the case of bad events can be left with nothing.
sr. member
Activity: 679
Merit: 254
Perhaps crypto will be used by banks to become their transaction tool in the future so crypto will be more developed in the future and many new users also who will use crypto and crypto will also be our valuable asset in the future
newbie
Activity: 111
Merit: 0
Bitcoin is a virtual money form that is protected by cryptography that can not be solved. These attributes make it a safe way to store wealth but also create the risk that when Bitcoin owners die, their digital fortunes will be out of reach forever. if you have a large number of values in the crypto world, you have to back up, and keep it in a safe place, preferably if you have a lawyer and you just set everything to your liking if one day you do not want to happen, like death, then your lawyer will give all your account data to who is eligible to receive it, just like your family.
newbie
Activity: 196
Merit: 0
i think hacker want hack my account and get the token if i die.
newbie
Activity: 59
Merit: 0
Now crypto market goes to fall in down. when I'll die none  can say it. and I am still using in private or security my and phone or computer.  it have to your so that  crypto market one day will go to up the high of value. I am in 2 years on crypto market I think it will be great after 5 year. it have to stick to crypto currency. go ahead
full member
Activity: 263
Merit: 100
nothing will happen: your crypto-currencies will be lost. so if you are interested that this does not happen, just indicate the details of your wallet for your relatives, and it is desirable to indicate it in the will. and then your crypto-currencies will be safe and sound.
newbie
Activity: 196
Merit: 0
maybe there's nothing to do and if some years have passed the price of your hold is great, but it's best to put all your wallet info just as soon as your family finds it or you can tell them if you go procedure how to make money for not being able to work

So your family must know all the informations needed to access your account. If not, it will be lost forever unless there is a great hacker who can access your account. It is best to be transparent to your love ones.
member
Activity: 252
Merit: 10
I just made a list of all my files, logins, passwords and gave this flash drive to my wife.
Of course, it's better not to think about such sad option. It will be insulting for the wife to know that there is a lot of money, but she can't get it in any way))
newbie
Activity: 168
Merit: 0
The best thing is to most of your login details and private key your love ones when you are already approaching the old age...
newbie
Activity: 169
Merit: 0
At the moment, of course, everyone should take care of the transfer private keys to the trusted person. But in the future, if Bitcoin will support smart contracts, then it is possible to implement a mechanism for transferring bitcoins to a trusted person, in case of death, maybe Smiley
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