Topic: What will happened to bitcoins after one died? - page 6. (Read 2819 times)
If you don't let somewhere your data access, they will remain unused (it seems that there are BILLIONS of dollars in bitcoin that can't be accessed anymore...
If you don't let the private key somewhere, nobody in the future can use your money and it will be lost forever.
the victim will not be able to get his family the bitcoins that he have especially when the family doesn't even know what is the passwords or the private keys of the died one. it will be just cause the bitcoin to lose and it will never be retrieved anymore.
yes it is true, bitcoin will be like a treasure, it's another thing when before we give the keyword to the family, then bitcoin will be a very precious heritage of course. then we should tell the keywords to families we can trust.So the right move here is to, to teach everything you know as much as possible.
Eventually, it will become inheritable. Another interesting question if we will we ever have bitcoin banks and wealth management funds.
Inheritable? digital currencies can't be inherited unless the owner of that bitcoin or maybe other digital currencies give his private key to people who wants to use it before they're death or maybe it is included in his last will and testament, if not, then I think that bitcoin will be lost forever, no one can use it and no one will be able to encrypt it since bitcoin wallets are quite secured. Unless it is a wallet of an exchange.
If you die and don let the needed access info, anything will be lost forever.
But it's very simple to organize thins in a way that your family can receive your capital.
But it's very simple to organize thins in a way that your family can receive your capital.
I like the idea of just leaving all the information on a piece of paper sealed in an envelope for those we leave behind to find. I bet it would be a surprise especially if Bitcoin will hit super high price levels when we get older. 
You could even get the person due the inheritance to get a wallet. Then you can put the coins in a smart contract that will pay out to the recipient if it doesn't get a signature from your wallet for say 30 days.
Could do it with solidity not sure about how you would do it on the lighting network. That way you don't to share private key or rely on paper wallet executor etc.
Could do it with solidity not sure about how you would do it on the lighting network. That way you don't to share private key or rely on paper wallet executor etc.
Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
It would be difficult to explain bitcoin in inheritance if the inherited person does not understand about bitcoin, my advice should be to tell someone about our work in bitcoin, so if we die then someone will continue our work on bitcoin.
If you don't take care NOW, nobody could access your bitcoin.
You can write your data access and let them somewhere for your family. Not too difficult.
You can write your data access and let them somewhere for your family. Not too difficult.
You need to let you data access, of course, and there are plenty of methods to do this, without to reveal anything in the meanwhile you are alive.
But you need to act now and to be prepared. (actually, just a closed envelope in a safe place could be enough)
But you need to act now and to be prepared. (actually, just a closed envelope in a safe place could be enough)
Eventually, it will become inheritable. Another interesting question if we will we ever have bitcoin banks and wealth management funds.
It will become inheritable once you shared your private details to your love ones. In terms of bitcoin banks I dont think it will happen. So many will verify it and its advantages to all users if this would haplen. Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
if I depend on it, if the assets that I have that much, I will give To my family but if his assets a little I will let in the wallet only .
Eventually, it will become inheritable. Another interesting question if we will we ever have bitcoin banks and wealth management funds.
Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
We all don't know when will our live end so just to be sure about our earnings and our loved ones future, one of them should know all your accounts's passwords. It can be your partner, your sister or your brother. They should know all your passwords and accounts for them to access your earnings whenever your gone or else, your earnings will come to nothing.
Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
if I depend on it, if the assets that I have that much, I will give To my family but if his assets a little I will let in the wallet only .
Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
If a Bitcoin user has an accident and resulted in death, of course all of Bitcoin's property investment assets will disappear, unless the person keeps everything confidential like a phone number, account and password to a child or wife.Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
IF one of us dies woth bitcoin on his bitcoin wallet and he did not give the credentials to your account then i think that would be forever lost to the network. I havent encountered yet a system or an application that could work around this if there are please share
the victim will not be able to get his family the bitcoins that he have especially when the family doesn't even know what is the passwords or the private keys of the died one. it will be just cause the bitcoin to lose and it will never be retrieved anymore.
yes it is true, bitcoin will be like a treasure, it's another thing when before we give the keyword to the family, then bitcoin will be a very precious heritage of course. then we should tell the keywords to families we can trust.
will be just like an inheritance that will be given to people you believe to replace you in managing your bitcoin assets. the first thing you should probably do is give a testament to someone you think will be able to manage your bitcoin assets you have to do because of course everyone will never know when he will experience death. I think you have to give this will wisely means that you have to give a testament about your bitcoin assets to someone who deserves to have it like for example to your wife or to your child. so I think they will be able to take advantage of bitcoin assets that you have right.
the victim will not be able to get his family the bitcoins that he have especially when the family doesn't even know what is the passwords or the private keys of the died one. it will be just cause the bitcoin to lose and it will never be retrieved anymore.
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