I believe bitcoin will become a part of personal finance after some years with the current increase of mainstream adoption. I would definitely be spending it and saving it.
When I would get, I would pass it on to my next of kin, teach them about its importance and how I had collected it over the years and make sure they are well aware of the risks and benefits associated with bitcoin.
I dont believe in what some famous people might do with their bitcoin, you cannot trust them. You have to support the future of your family - that is your legacy.
Topic: What will you do with your crypto assets when you get old? - page 4. (Read 856 times)
I hate planning 30 years ahead. God might laugh at your plans. What if you (and I) die tomorrow? All those "What will I do with my wealth, when I get older?" questions will become pointless. You never know what is going to happen with your life.
50 years is a bit too much. Do you even believe that crypto will be a thing after 50 years? I certainly don't believe that Bitcoin(and the altcoins) would still be around after 50 years. Maybe quantum computing and AI will kill crypto, or maybe crypto will evolve into something completely different.
I totally don't care about what Michael Saylor(or any other crypto whale) would do with his BTC holdings.
This is a pretty pessimistic view and many people will disagree with you because they are daydreaming about bitcoin dominating the world in the future. But I somewhat agree with you, I even doubt whether crypto can survive in 30 years, let alone 50 years or 100 years. Agreed that bitcoin/cryptocurrency is a great invention but with the development of technology as it is today, it can actually threaten the future of cryptocurrencies if they do not adapt in time. In other words, bitcoin cannot compare to gold, cryptocurrencies cannot compare to traditional markets.
I guess most of us are not too old and too early to think about retirement or inheritance and our lives are pretty tough right now. So thinking about what we will do in the next 50 years sounds pointless, we should focus on the present and what is in the near future.
We can't be sure, but we surely can hope and speculate.
And regarding the quantums - if there would be a way, potentially, to break Bitcoin with it, it wouldn't be used on it primarily. There would be a bigger fish to fry, and by the time quantum tools would become widely used, I think Bitcoin would already be ready for it.
I hate planning 30 years ahead. God might laugh at your plans. What if you (and I) die tomorrow? All those "What will I do with my wealth, when I get older?" questions will become pointless. You never know what is going to happen with your life.
50 years is a bit too much. Do you even believe that crypto will be a thing after 50 years? I certainly don't believe that Bitcoin(and the altcoins) would still be around after 50 years. Maybe quantum computing and AI will kill crypto, or maybe crypto will evolve into something completely different.
I totally don't care about what Michael Saylor(or any other crypto whale) would do with his BTC holdings.
This is a pretty pessimistic view and many people will disagree with you because they are daydreaming about bitcoin dominating the world in the future. But I somewhat agree with you, I even doubt whether crypto can survive in 30 years, let alone 50 years or 100 years. Agreed that bitcoin/cryptocurrency is a great invention but with the development of technology as it is today, it can actually threaten the future of cryptocurrencies if they do not adapt in time. In other words, bitcoin cannot compare to gold, cryptocurrencies cannot compare to traditional markets.
I guess most of us are not too old and too early to think about retirement or inheritance and our lives are pretty tough right now. So thinking about what we will do in the next 50 years sounds pointless, we should focus on the present and what is in the near future.
It will be the same as fiat where you have a savings or retirement plan when you get old. Many people are using bitcoin not because of earning money today but also having money when they get old. Some people are even holding their crypto to pass to their children like a will or something. When you read the replies here is you will be able to read some of their intentions when they get old which is what I also my point when people get old.
It's clear that most out there would pass their portfolios down the line, like a treasure which was already found and cracked open.
And I do think it's a good thing - if the heir in question would be able to do the same and hodl
It will be the same as fiat where you have a savings or retirement plan when you get old. Many people are using bitcoin not because of earning money today but also having money when they get old. Some people are even holding their crypto to pass to their children like a will or something. When you read the replies here is you will be able to read some of their intentions when they get old which is what I also my point when people get old.
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Do you think crypto will become a part of personal finance in the future?
What will you do with your crypto assets when you’re old?
Besides BTC, which token do you believe in for the next 50 years?
What will you do with your crypto assets when you’re old?
Besides BTC, which token do you believe in for the next 50 years?
I hate planning 30 years ahead. God might laugh at your plans. What if you (and I) die tomorrow? All those "What will I do with my wealth, when I get older?" questions will become pointless. You never know what is going to happen with your life.
50 years is a bit too much. Do you even believe that crypto will be a thing after 50 years? I certainly don't believe that Bitcoin(and the altcoins) would still be around after 50 years. Maybe quantum computing and AI will kill crypto, or maybe crypto will evolve into something completely different.
I totally don't care about what Michael Saylor(or any other crypto whale) would do with his BTC holdings.
I would like to know your opinion on this:
The question you should asked yourself is that why do people save money?- Do you think crypto will become a part of personal finance in the future?
- What will you do with your crypto assets when you’re old?
- Besides BTC, which token do you believe in for the next 50 years?
If you can answer this question then I see no reason for all these questions here. Like I know, people invest for future purposes and when the needs raises they would definitely pull off their investments to sustain their Life and something more helpful to them. Personally, if I have sufficiently enough at old age then I wouldn't mind willing it over to my children and of course Many of us who investing today are doing it for the sole purpose of future usage and willing it to my children is the best thing to do knowing they have come of age to be able to handle the amount of Bitcoin that would be in my procession.
I would like to know your opinion on this:
- Do you think crypto will become a part of personal finance in the future?
- What will you do with your crypto assets when you’re old?
- Besides BTC, which token do you believe in for the next 50 years?
I keep on holding my crypto asset when I grow old while occasionally cashing out to finance my needs. I also intend to do trading or investment with it so that it won't just be diminished from my personal needs.
I am somehow open-minded and think that ETH will be another cryptocurrency that is good to keep, I also think that in the span of 50 years there will be new emerging crypto that is worth keeping.
Since bitcoin is an asset I will be given to my children. But since you didn't mention dead but old age. I will will come out the assets and use the portion that belongs to me to spend until God called me. But you have to know that you can only give out if you have invested enough. So in your old age, there should be a question again. How many bitcoin is in you wallet. In you old age, you have to properly taking care of yourself so if the BTC is not much I will use it to take care of myself until you go beyond the world. And anyone that is left the child will use it. So it is good to tell your children your seed phrase in your 80s.
I would like to know your opinion on this:
- Do you think crypto will become a part of personal finance in the future?
- What will you do with your crypto assets when you’re old?
- Besides BTC, which token do you believe in for the next 50 years?
For the first question, Cryptocurrency is already a personal financial support system so the future you are talking about is obviously here as we all have seen the performance of some cryptocurrency especially bitcoin because it has really performed with an unimaginable speed so there's no need to doubt it's future anymore.
As for what i will do with my crypto asset when i get old? Isn't it money we are talking about here? what more can one think of at old age if not handing over your wealth to your children to continue in your legacy.
For the third question, besides bitcoin, i don't have any alternative coin that i can trust and have confidence in same way i have for bitcoin so it's either bitcoin or nothing else.
We don't need to think about what we should do with our cryptocurrency assets because we know with time when we get older in a way we can't manage our assets it's either we handle them over to offspring And to people whom we think are that trusted to hold it to the next generation if properly being managed.
Many people who doesn't have family or children may decides to use If for charity, that is other ways to help mankind and if we give to the poor is another way show how generous we are to people.
Many people who doesn't have family or children may decides to use If for charity, that is other ways to help mankind and if we give to the poor is another way show how generous we are to people.
I would like to know your opinion on this:
Do you think crypto will become a part of personal finance in the future?
Crypto? I don't know how the future will be like me but so far I feel only Bitcoin that I will make as my future financial plan that I save as an asset.Do you think crypto will become a part of personal finance in the future?
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What will you do with your crypto assets when you’re old?
Enjoy. You might understand the purpose of enjoying.Quote
Besides BTC, which token do you believe in for the next 50 years?
There is nothing I believe because their amount is unlimited. They will not be a rare asset.For a long period of time, I just believe in Bitcoin.
- Do you think crypto will become a part of personal finance in the future?
bitcoin has become my personal finance now, so there is no need to wait until the future because i myself have felt the real impact of bitcoin, and plan to continue to be involved in investing in it.
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- What will you do with your crypto assets when you’re old?
when i am old, maybe i will pass my bitcoin to my child because i feel that it is quite a shame for me to let my bitcoin inheritance not be continued by any of my descendants. at least i hope that my child and some future generations will be able to inherit what i have in bitcoin.
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- Besides BTC, which token do you believe in for the next 50 years?
i don't know, and i don't care about any coin that will be around in the next 50 years. because what i believe is that bitcoin will continue to exist in the future, even when new coins or more advanced technologies come and try to replace bitcoin
I don't believe there's a single right answer, but I have a family member who knows how to access my funds, and if I live long enough to be old, I think it would make sense to spend some assets and to give some to children/grandchildren, depending on the circumstances.
Sometimes people just need a little support to get things going, or could benefit from some financial security. I don't see why not help them out. Besides BTC, I believe Ethereum has a future. And I believe that Bitcoin will continue to grow over time, even though fiat will remain the dominant system.
Sometimes people just need a little support to get things going, or could benefit from some financial security. I don't see why not help them out. Besides BTC, I believe Ethereum has a future. And I believe that Bitcoin will continue to grow over time, even though fiat will remain the dominant system.
And is not everyone that have family members they can confined in because how do you think it will feel when what you worked for is spent recklessly so the family you entrust with things like this should be some one that is worth it, I even prefer either spend it on my parents and kids even when am no longer there at least they have something they can always remember me for, and in the current world the inoovation of bitcoin have made everything very easy now because you can even will your assets to people, and even when they don't have access to it again they will be able to recover everything because of the seed phrase and if the case be that am still alive even if am old I should be able to do some things just not to stay idle, because staying idle is like one of the worst things that can be done.
I would like to know your opinion on this:
Switching from bitcoin to crypto assets is quite in observable mistake. - Do you think crypto will become a part of personal finance in the future?
- What will you do with your crypto assets when you’re old?
- Besides BTC, which token do you believe in for the next 50 years?
Try to be realistic in every thing you do. in 50 years time that's quite a long term but then it's easy to say you would do some kind of shit in the nearest future but doing it becomes the problem.
Every day in this forum people explain how they want their bitcoin to be spent while they get old and some having doubts of passing such a great asset to they kids is what really suppresses me just as op be having doubts if they would manage his holdings well enough but to me, I have no second thoughts but to create a generation wealth with bitcoin, even though I'm no where on earth to have to decide how it should be spent, I'm definitely putting it into a business that would keep going even after death and perhaps my family would be taking the profits and live however they want to live.
Interesting survey results! It's good to see most want to pass BTC to future generations, reflecting a long-term investment outlook. However, with only 7 votes, this sample is quite small, so it's hard to draw broad conclusions. I wonder if a larger sample would show similar trends or if there'd be more interest in selling or donating. It would be cool to see this poll run with more participants for a clearer picture. Also, no one opted for the more dramatic choices like deleting keys or burning - perhaps a sign of the community's faith in Bitcoin's future value?
Easier said than done and we are talking about a very distant future, so people can say whatever they like. I also see many people claiming that they will stick with bitcoin until old age, they will not sell or leave the market no matter what happens. But after a while, many of them no longer hold any bitcoins and they come up with dozens of reasons to justify their old claims. 
.- What will you do with your crypto assets when you’re old?
If I can keep them until then, inheritance is the only thing I can think of.
- Besides BTC, which token do you believe in for the next 50 years?
The decision of what to do with my BTC holdings is complex. While I initially considered passing them down to my children, I've come to realize that if they are truly capable, they won't need my wealth. Conversely, if they aren't capable, they might not be responsible stewards of such a significant asset
I think I totally disagree with you on what you just said above, regarding your idea about since they aren't capable, meaning they wouldn't be responsible holders of your wealth/Bitcoin as an asset for investment. Because the main question ought to have been, did you introduce your kids to Bitcoin why they were growing up? Because if you actually did, before you should have grown old, they ought to have been masters of Bitcoin and had their respective investment strategies. Quote
Do you think crypto will become a part of personal finance in the future?
Bitcoin is already part of our personal finance system, and as time goes on and its value skyrocket, so is it's adoption likely to skyrocket also as a primary asset to be considered for long term investment.Quote
What will you do with your crypto assets when you’re old?
What I will do is invest my Bitcoin in Real estate and landed properties, while I share my remaining Bitcoin to my children for continues hodling. 
I will surely pass down my BTC's to my heir, it is as simple as that for me, whatever i have goes down to my heir. I will also educate my heir on finance and crypto, so i can be sure i did my best to ensure they understand what crypto is and how to handle finances generally.
Yes i think so, any crypto that has value, i.e. BTC, would be around for a very long time. However, pump and dump coins will be blown away as time goes on.
Probably Monero. If anti-privacy governments allow it to live that long.
- Do you think crypto will become a part of personal finance in the future?
- Besides BTC, which token do you believe in for the next 50 years?
I don't believe there's a single right answer, but I have a family member who knows how to access my funds, and if I live long enough to be old, I think it would make sense to spend some assets and to give some to children/grandchildren, depending on the circumstances.
Sometimes people just need a little support to get things going, or could benefit from some financial security. I don't see why not help them out. Besides BTC, I believe Ethereum has a future. And I believe that Bitcoin will continue to grow over time, even though fiat will remain the dominant system.
Sometimes people just need a little support to get things going, or could benefit from some financial security. I don't see why not help them out. Besides BTC, I believe Ethereum has a future. And I believe that Bitcoin will continue to grow over time, even though fiat will remain the dominant system.
I would like to know your opinion on this:
1. Most crypto asset like Bitcoin already has all the trappings of a financial asset, as a matter of fact it has more advantageous aspect of even growing in value, unlike your conventional financial assets that is static and prone to inflation.- Do you think crypto will become a part of personal finance in the future?
- What will you do with your crypto assets when you’re old?
- Besides BTC, which token do you believe in for the next 50 years?
2. What I will do with my crypto asset at old age is very simple, old age comes with natural redundancy in energy and activity, so most of my crypto asset that I have will be for either taking care of myself and some other financial responsibility that may be coming from my children and my grandchildren.
3. I am not a soothsayer, I cannot easily predict any other cryptocurrency outside Bitcoin that will be so flourishing in the next 50 years, so for now I will make use of what is available and that is BTC.
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