Topic: What will you do with your crypto assets when you get old? (Read 856 times)

All sats will matter. Period.
Sooner or later, people are going to crave even them.
 

All four points are also in my category, there is only one that you should add, namely as a form of gratitude we have been given a reminder and do not forget, it is better if there is some that we can set aside for orphans or other charities and I think It will give us a special feeling because we are able to share with others other than ourselves and our closest family.

1. Most likely. As countries are moving to have Bitcoin as their national reserve, I believe in the future they may be thoughtful of including Bitcoin as a personal finance someone is free to have for their future.

2. If Bitcoin still exists till then, I am sure in my old age, I am going to give out my accumulated Bitcoin to my children. They are the ones I am laboring for. For them to have a better future in the world of digital currency.

3. I can't tell any coin that could last till then since I got to learn about coins that existed in the crypto space a few years ago no longer exist in the crypto space because they have lost value, get rug pulled, or turned out to be a scam.

However, I don't know what will happen to the coins that appear in the crypto space currently, whether they will stay in the market in 50 years to come

I think you are able to see far into the future and it will happen sooner or later. Today is exactly like the incident when BTC first arrived, many are skeptical, don’t care and think BTC is just ordinary. The discourse you conveyed above is quite interesting as a plan for financial freedom in the future of course.

So, I just want to say a little bit, let’s start saving little by little our BTC ownership and one day I am sure that the effort will not be in vain.

exactly if you are under 50 stack and hodl is good.

if you are 68 like me you are going to spend it more easily.

Its also why I try to continue mining it.

At this time I earn 3000 a month mining and spend 1200 on power my net is 1800:usd worth of btc.

I will likely stack that for the next year. Along with signature money..

I cashed enough that I should not need cash for the next year.

You absolutely should give your crypto to your kids but not without guidance or proper education because your crypto holding will just get wasted if you just give it to your kids suddenly and out of nowhere without giving them background knowledge and building up their interest to crypto

When you are into holding and many plans for your kids to continue were you stop we be purpose fulfilled that is if they don't end up selling everything and destroy the key does not even make sense to me it's better to give it away people should benefit from it, and when no one have access to it then it's of no relevance even to the society it is just another added number for display, and if you know you don't want to keep it for anyone then it will be better to just sell it off and enjoy the money.



Hummmm but what if no one eventually inherits it I would prefer someone should have access or even donate it to charity even with the seed phrase so that it will be put to proper use, at least the fact that you did a donation is something they won't forget.

1. Well, I guess when I get old, the Bitcoin I've saved will serve as my pension.
2. When I no longer have all my sources of income, I can spend from my accumulated Bitcoin.
3. I will be able to help my grandchildren with their education at least a little bit with the Bitcoin I have saved.
4. When I need a lot of money in my old age, I can sell my Bitcoin, convert it into fiat currency, and keep it in the bank permanently.

It all depends on the amount of the funds you have and the whether you have an heir to inherit them from you. If I have a couple of coins in my wallet and I'm getting much older, what I will do is to share it into two. One part of it will be withdrawn and spent on myself whereas the other part of the coin will go to my heirs. I will distribute the inheritable coin among my children and allow them to grow their portfolio with it. But even before then, they would have learnt and picked interest in the crypto assets and have trained them to manage their resources properly.

By there I pretend to continue investing in Bitcoin, while diversifying the money through another investments categories as well. Meanwhile, I cashout profits partially to use it for my daily expenses and goals. I don't pretend to just accumulate crypto assets, but also to use them to try having happy moments in life with people I like to be together. However, it's necessary to make sacrifices in the present moment if you wish a better life in the future.

Sacrifices mean to not spend money right now like I would like to do. It means to give up on some leisure activities, hobbies and luxuries. With that in mind, I hope to be able to have a more comfortable life once I get older.

I am 68 tomorrow.

  I will l eventually cash most of it out.

Unless of course it becomes Fdic insured  in a bank.

Or banks end with btc and doge being the substitute for cash.

It makes sense to give it your kids if you have any. Otherwise it doesn’t really much make any difference. If you destroy the keys, the other hodlers will benefit from it because your coins will be locked forever and there won’t be any selling pressure from your stash in the future. If you donate it to somebody, that someone will enjoy your riches and possibly sell your coins. Either way it won’t be your problem since you’ll be dead or too sick to care.

Treatments are not cheap too so it is probably best to keep them coins around till you draw your last breath. If you die? Who cares right? Right.

This is very wrong thing to do. When you deposit money into the banks, they don't keep that money with them, though their is a threshold directed by the central bank with the MPR for each amount of money each commercial banks must hold on their vaults to be able to work but the rest of money goes out to companies, businesses and other cooperate people as loans with interest rate. Have you imagine what banks are going to do with you Bitcoin if you do the same.

If you have Bitcoin with you, don't every try to share it with anyone but as you age, you should by that time have someone you can share your Bitcoin details about but don't tell them everything for security reasons. I believe that after years of staying with someone, you should be able to trust them with some crucial information instead of going to banks to tell them you have some Bitcoin as deposit. The world is a very wicked place, don't even try it.

The first question is not even necessary because crypto has already become personal finance for almost everyone except few who either have no idea about it or have idea but their hatred towards it for personal interests.

Secondly, the purpose of every investment is to give you relief when you are old. Bitcoin like any other investment is not exempted from this and will definitely liquidate it to cater for old age challenges and leave some as inheritance. It's irrational to burn asset even if you have no intention of using it. People out there need them.

And lastly, absolutely none. Looking back, we have seen how these tokens struggle up and down and believing something good will come out them in the next fifty years is just like a dream that one may prefer never to wake up.

- of course, that will be part of my finances in the future, look at the development of this digital asset since its initial launch until today, many have acknowledged it and government institutions have approved it, even countries have announced that it is legal in the country for transactions.

- Of course I will give or share it to my children, Bitcoin can also be an inheritance for your future descendants. And leave messages or teach them about investment so that future offspring can be like those who got bitcoin from their previous parents.

- Bitcoin is the best asset, why would you choose another asset? If I had to choose I would still choose bitcoin and nothing else. If you want to speculate, of course you will see the continued development of the alt and the alt coin could collapse like FTT. Reconsider your investment to buy anything other than bitcoin.

1. Who can doubt the great potential that can be generated from Bitcoin? If Bitcoin has given a big profit now, why do I doubt it for the long term.
2. When I retire, the Bitcoin that I save from now on will be very useful as business capital or to finance my life which is no longer productive.
3. Bitcoin is the leader of all other coins that have ever existed, I liken it to a big tree that is able to withstand all shocks and never falls even though many parties try to cut it down, so why should I choose another coin other than Bitcoin.

Although crypto will never replace fiat, because crypto is just one of the alternative assets that exist. Our medium of exchange will always be fiat transactions, but crypto is used to store value, just like property, gold, art, and collectibles. But what is certain, bitcoin will still be part of my finances to achieve financial freedom, so investing in bitcoin is a smart choice for the future.

There is nothing more important than leaving a legacy for the people we love. We also get money to make our families happy, as well as the crypto assets we have. Leaving everything for the people we love means providing happiness after we are no longer in this world. What's the point of having a lot of assets if they are not useful for the people we love.

For the next 50 years, I don't know anything other than Bitcoin, because I believe that currently only Bitcoin has the potential to last that long.

Obviously, In the banking system, your money may be given to your heirs by a third party. The bank will do that. But when you expect the same benefits in Bitcoin, you must inform the heirs about Bitcoin. The person you want to keep as a nominee should be informed about Bitcoin in advance. If your private keys are correct and your heirs know about it, then you can leave your Bitcoin assets to them, just like in the banking system. But if there is any error in this case, then those assets will be lost forever. That is why it is better to take care of your portfolio and keys at least once in a while to check whether they are correct. Initially, a Bitcoin holder will carefully store his keys and when he is older, he can show them to his heirs so that they can know about it in your absence and make proper use of the asset.

Why is there a "sell all for fiat and spend" option but not a direct "spend" option in the poll? Don't you think that in the future Bitcoin and crypto currencies will be used for shopping? Don't you foresee that we will be able to pay for everything with a crypto debit card or from an app on a mobile phone? Why do we need to convert our crypto assets into fiat money?

I think that in the future crypto currencies will be used for shopping just like we use credit cards now and will make people's lives easier.
Other than Bitcoin, right now in the market I believe there is no coin that will survive for the next 50 years.

Yes. I think it will happen because the basic idea of ​​crypto is to be a single world currency without being controlled by a central bank and without being controlled by a country. Because this happened 2000 years ago where the currency was gold. So it is very possible that Crypto wants to repeat history thousands of years ago. The difference is now using algorithmic media and blockchain.

Of course you want to pass it on to your children, because it is common that what we look for from young to old will all be passed on to our children.

Btc is certainly a priority. However, apart from bitcoin, I believe that what can be invested in the long term is ETH, so these two coins are my choices for the long term.

A responsible person keeps inheritance for his or her children so that they will not suffer, it'll be selfish to squander all your investment without making provisions for offsprings that you brought into the world. A person that has stashed Bitcoin in younger age should make a balance in old age by using some to take care of himself so he doesn't become a liability to his loved ones, keep some for his dependants then use the rest for noble causes.

What is most important is not losing the BTC before old age, you can DCA and accumulate during active years of life but any negligence or theft can make you to lose everything that you have labored for in hodling. Securing your seed phrase is as important as accumulating it so that it won't be labor in vain when you're old and weak to work.

1. It's becoming already. With the huge institutions coming into the industry, I'm pretty sure that crypto will be added as another financial asset just like Stocks and other asset classes out there. It's still young though, but we're going to the correct direction I believe.

2. I'm thinking of giving it to my son/daughter. That's the best thing that I can do if I want to stay it as a crypto asset. Another one that I'm thinking is that, converting it into our own fiat currency and then donating it to charities although this isn't my priority at all. Anyway, I'm at my late 20's still so there's still so much time for me to think on what I will do with my crypto assets.

3. Ethereum. Maybe DOGE or SOL, but I doubt that they will survive at least in the next 50 years. Heck, we might not see Ethereum in the next 5 decades anymore for some reasons, or worse, we might not see Bitcoin anymore in the next 5 decades.

If money isn’t important to me when I’m old then I’ll give it to the worthy grandchildren. Of course it’s not a free money to them, i’ll def set rules for the  family that this is a generational wealth that could change our lives and should be used in a good way. That’s why I’ll teach them all of I learned about cryptocurrency and make them worthy to hold any of it. Assuming that I’ve been in crypto for years, means I do have money already and the assets will serve as a token for the family.

this same question is included in the pow which was provided by you. And Of course in my own opinion I will say that the BTC and or asset in my possession will be transferred to my hairs or children/grandchildren. For inheritance purpose and it could be that I will not transferred all to them by some and also transferred some to the ophanage home.

Apart from BTC the only other coin I think will be the subsidiariy of bitcoin is the Ethereum but I mainly think of BTC as the only coin that can maintain the standard of 20-100years, because it's the first coin to ever existed with great potential and good store of value.

It's already a part of personal finance. How many people do you know who hold gold? How many people hold bitcoin? Out of my close friends 2 currently hold bitcoin and one used to hold it, but took profit since he needed to pay his debts. I know people who don't hold bitcoin, but they don't invest in general, so it's not a problem that they have with bitcoin but a problem with managing wealth and life choices.

I'll try to leave my assets to my children if I can. What age are we talking about? I know people who are in their 60s and wouldn't say that they're old. So, are we talking 70s and above? That's a long time before I get to that age. If bitcoin still exists at that point it will be worth over a million $.

I think your plan is flawed with the idea of accumulating the same amount of bitcoins in each cycle.  You gotta remember the price keeps climbing over time and  who knows how pricey it will get down the road!

As for me, no clue yet what I would do with my bitcoins when Im an old timer.  Reckon it depends on where things go market-wise.  I will probably tap into a good chunk to fund my golden years.  But I figure I would leave the rest to my kin when I kick the bucket.

I still want to sell my Bitcoin in the end to earn a good amount of profit in the future. Im investing so that I could have financial freedom in the future, even though I want to give them to my children as well, im not really that financially stable right now to not take profit, I mean im already holding my Bitcoin for years now and hopefully I could sustain it until I have children.

In my opinion, cryptocurrency is going to become a part of personal finance in the future, I mean I already think that it is right now, I already consider it as a part of my personal finance, it could easily be a retirement plan, or investment in the future.

I plan to sell as long as I think I have a great profit from it, and when I am able to buy something that is going to give me a good income or passive income, I personally dont want to get old without buying something on my investment, I want to spend it probably but at the same time on something that is going to generate income.

Personally, I think all of the Blue chip tokens in the market are going to be huge after 50 years as long as it has a good utility and community, they are going to be huge unless they stop their development.

1. I think Bitcoin really helps me financially right now, Bitcoin is an asset that stores the best value, and I think Bitcoin really helps me in my old age especially in terms of finance, needs, health, convenience and so on that make me feel comfortable and also safe in my old age and also don't forget to keep sharing.

2. If Bitcoin is still there in my old age, maybe I will still buy or collect Bitcoin which I think even though I'm old I can still do it, it's just not as serious as when I was young and strong and now I'm serious about doing it. And the goal is very broad to open a business or business and what I have thought and planned is that I want to build a big house that I will use to make boarding houses with laundry and also for all the needs of the people who rent my boarding houses there and pay. And this is one of the things that is on my mind, that is I will use the profits that I get from Bitcoin, maybe as time goes by there will be a plan that does not drain my energy and mind when I am old and besides that one of the things that I will pass on to my children and grandchildren in the future is Bitcoin that I have taught before and also the efforts or businesses that I generate from those profits.

3. For now I only prioritize Bitcoin for the long term or my future, and even though there are some but I do not treat them for the long term.

1. Do you think crypto will become a part of personal finance in the future?  It already is.
2. What will you do with your crypto assets when you’re old? Define "old"?
3. Besides BTC, which token do you believe in for the next 50 years?  Bitcoin's security and distributed nature make it the prime candidate to succeed long term.

Saylor can do as he wishes, but unless he has a quantum secure way to do it now, his plan will likely eventually fail if he dies any time soon.  Hopefully he has many decades so he can implement his plan, but there are no ways to do it now.

Since I will invest in crypto instead of keeping my money in a Bitcoin bank, there is certainly no point in investing and holding Bitcoin unless it is a matter of my security in my old age.
When I get older, I will use my Bitcoin as an old-age pension benefit.
I can't rely on any other token in my old age except Bitcoin, so if I have to hold it, I definitely don't see any alternative except Bitcoin.

While opening a bank account, there's a space where you can fill in the names and identity of your next of kin. This also means that if one's child or any of the person's family members can inherit his money/wealth, possibly they can also inherit from their Bitcoin portfolios. Bitcoin is a good store of value, and you know that in 50 years Bitcoin will be more valuable than in the present day, just as it's more valuable today than yesterday. However, it's a simple question, so my answer is "my child will inherit from my Bitcoin portfolio".
But you must make sure you teach the person about Bitcoin investment, and always check on the portfolio if things are still intact.

70.6% voted Give to your children or grandchildren, including me, this is a goal that is actually needed when I or you have more Bitcoin to hold in the long run.
providing a heritage that is different from other heritages that are certainly more revolutionary and will increase in price in the future.

Maybe some of it will be sold, but some of it will remain intact in the form of Bitcoin or in the top Altcoins I choose like ETH to give to my children and grandchildren later in the future.

Now it just needs to work harder to get more Bitcoin and other altcoins, so that goal is achieved, not just a poll without any real results being done.

1. Yes I expect crypto to be financial freedom in the future so there is no need, I want in the old days Bitcoin to be one of the assets that are owned to enjoy in old age.

2. Should enjoy these assets, if you die then the children have the right to access it, I will provide access to the road there with a private key.

3. BTC, besides ETH and SOL that are in mind now.

(1)currently cryptocurrency (bitcoin) has already become part of our financial day to day life because of it high impact on humanity. What we should be saying is how bitcoin will reshape the world maps of tech and attract more global investors.


(2)who else will take after me if not my kids, love ones and in extend to the less previlege.

(3)with the rate of trust and audience bitcoin has gained due to it high rate of value and consistency, other coin are yet to be considered, however, the only coin I can trust in, in the next 50 years is entheruem.

Bitcoin has the most chance of becoming the safest hedge against the worries of the fiat world.
If not for it, then I don't see who 
So if there is a choice of sticking to something, it would be Bitcoin.
But I agree - 50 years is long, very long, even for Bitcoin. But I do believe it will outlive most of the market which we see and will see in the future.

Indeed, 50 years is too much and too early to talk about that. I don't know what will happen to crypto in the next 50 years but right now crypto is just a speculative market and there is no reliable asset to hold in the next 50 years including bitcoin. So I have no intention of holding my crypto assets for that long, let alone passing them on to the next generation as many people claim.

Depending on the situation and development of the crypto market at that time, if bitcoin or one of them can become as reliable as gold, I will consider it. But by that time, if they are still speculative assets, I may even exit the market when I reach my goals. Because sticking to speculative assets for the long term is not a wise idea, IMO.

Custodials for your keys?
Nah, my friend, think again 

I've been thinking about how to manage crypto as i get older. Things like handling private keys and avoiding technical mishaps could be tricky. A solid plan like using multi signature wallets or trusted custodial services seems important to make sure my assets are safe and used the way i want

That would be unreasonable, imo, due to them profiting from said Bitcoin.
And Saylor would probably get all of his funds back into his own product, which would be MS.

While bitcoin remains the cornerstone of crypto for me, I see potential in Ethereum due to its ecosystem of decentralized applications. Additionally, I'm intrigued by tokens like Solana and cardano because of their focus on scalability, sustainability and real-world applications which could prove valuable over the next 50 years

Don't you think that in the future, BTC would be used for bigger purchases too, besides USDT and other stables?

My old age will be flexing with my crypto asset achievement, because the stress of the family will reduce and the children I will train to higher institution will start taking care of mummy and daddy which is the wish of every parents that struggle for their children to become a better person in the future. I will use my crypto asset to build different types of businesses that will be bringing profits daily, weekly, monthly and yearly to continue to maintain my wealth for my generation to live to praise me as a good mother which is the reason why I'm accumulating BTC.

Accumulate your crypto when you are young, because the price will continue to pump to hit different ATH, like what we saw this year that made the price of BTC to cross $100k to surprised many bitcoiners in the community, and those that accumulated BTC some years ago take advantage of the price to earn massive profits.

When I grow older, i'd want my crypto assets to serve a purpose beyond myself. Whether that's through secure inheritance planning for my family, funding charitable endeavors, or ensuring i live a fulfilling retirement, the key would be to have a clear and well documented strategy to manage my holdings even after I'm gone.

Bitcoin was initially made used in a way that if you forget your mnemonic or private key then your Bitcoins are lost forever...but after learning the hard way people have go on to share this information with loved ones or family..but what happens if you don't fall in this bracket   well I think with cryptocurrencies being legal tender, why not subject it to some of the channels fiat goes through incase of death.. let centralized exchanges make it possible to have these coins transferred out via a court order and owner of account should give instructions of which courts should issue such.. I know this might make it easy for scammers to hijack accounts but smart ways of stopping them and allow the system to work can be found.

Burn it 🔥 lol joking, land of the living needs these material  items to survive so they go to whoever was close..

-Yeah of course, I only believe USDT would be used for personal financial purposes in the future because of it's stable nature, it's easily used and calculated when spending it for shopping and the likes.
-Save it for my children to use it for their upkeep and my wife for the family, everyone gets older and it's not perfect to misuse your crypto because it's valuely worthful.
-Still Bitcoin, nothing else, no other crypto can beat it.

Yes. Alot of persons right now are already considering investing in crypto (bitcoin) as a retirement plan for themselves when they eventually retire. Even the government of different countries are considering integrating bitcoin into their financial system, this shows that in the future, people will gain more confidence in bitcoin and adopt it more into their personal lives.

I would invest in other assets and subsequently transfer everything to my children. I won't be selfish with my investment. This won't stop me from living the life I want at old age.

None for now, bitcoin is still leading.

Yep, that's absolutely right no one denies it It's a fact. Bitcoin has already made itself part of our finance because of its excellent concept. Still, almost 106 million of people in the world have owned Bitcoin and have made Bitcoin a part of their finances. So in the future we will prefer to stick with Bitcoin.
 
 My investment assets still belong to my family including myself and even after my death I will give my wallet to my family. Because the most important thing for me is my family. As far as old age is concerned, I have already made some investments, so when I reach my old age, I will definitely use it for my needs. And if I had died, my family would approach my wallet through the phrase. Because I have handed over a written copy to my family.

Nah I only believe on BTC  ...

Yes, crypto will become my part of personal finance. Crypto can stay with us for a long time especially when more and more people join in the same train with us.

I will vote "Give my crypto to my children or grandchildren" but I will make sure they can use my crypto with right and not just spend to buy unnecessary things. They must be able to increase my crypto amount so they can gives that to their children. If they can do that, they will have a legacy for our family.

I don't know what coin or token that will exist for the next 50 years. But I consider Ethereum can be the one of many other coins or tokens.

Most wealthy people have plans for their huge fortune, if they don't have children or relatives to inherit, they will also donate to charity and that is nothing new.

Michael Saylor took the risk to be at the forefront of the bitcoin investment movement, I don't think he would just buy and hold without any plan. I don't understand why people easily believe what that guy says and consider him an idol. But I hope people won't be surprised if MicroStrategy reports next year that they sold bitcoin while Michael Saylor still recommends people hold bitcoin  .

Yeah, I know it's his Bitcoin and the decision is his to make. However, except he's a recluse, I still don't see why he won't have anyone he can bequeath his Bitcoin at his demise. Even if he doesn't have close family members who are into Bitcoin, there will be other worthy causes he can donate his Bitcoin to. No man is truly an island on his own. No matter how introverted we want to claim we're, we still need others around.

You sounded like a man who looks out for others when they're not there. That's the exact thing I'm talking about with MS. He seems like someone who believes everyone should struggle on their own to make their own wealth and nothing like inheritance or be handed over financial assistance of any kind.

I make an investment not just for me but for the future of my family. As long as I was still breathing, I didn't touch it. Instead, buy and accumulate more. I consider my crypto assets as the last resort when I totally can't make work anymore. Only sell them when badly in need of money, like for medication and other expenses.

I don't follow what other people are saying but rather believe what I think is right. We can't live in this world without money, and so having Bitcoin will save us in the future. We just let it go when the right time arrives.

I am also curious about that but I think that he's only saying this for publicity stunt. He's a rich guy and if ever it's not about Bitcoin, there is for sure some plans or inheritance already that are set for his kids and family. These rich people don't just want to let their wealth be put into waste and that's why if I am thinking what he is thinking, they won't get BTC but they'll get real estate, bonds, savings, etc. that he's already set for them if ever he passes away.

There are many reasons why MS or anyone

1. if you dont have an heir - better to burn it for the community.

2. if you have a distant relation but does not show any interest in your life, the
Bitcoin community deserve it more by burning it than some uninterested person

3. if you choose not to - as simple as that

...because in the end of the day its MS' or you choice!

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Me - I'll be leaving it to my kid, if things change for whatever reason it will be burned.
My Wife knows where the keys are in case of unforseen terminal occurences.

First off, I like to state that Michael Saylor sounded like a self-centred person there. Why wouldn't someone have a plan to pass their Bitcoin to a heir, friend or loved one if they knew they were going to die at a particular time like he stated? That's pure selfishness.

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I see it as something that has come to stay and that will be for a very long time because of the way the world is embracing it now. It's no longer thought to be a bubble anymore. Yes, the future is bright for cryptos.

Is there a different way of treating money? For me, crypto assets are money just like fiat. Age doesn't discriminate where money is involved. I will do with my cryptos whatever I can do with money.

Ai tokens are my first pick. Second are exchange tokens from credible exchanges. With others, I just play around by trading them but not hodling.

There is so much to happen within the next 50 years and that's why if there will be another crypto that will be second to Bitcoin, we will never know. Whilst ETH has been there for several years, if it becomes consistent then that's it but aside ferom that, we cannot conclude that it'll stay there for so long. Unlike Bitcoin, we can blindly tell that it is there to stay. And what will I do with my holdings? I'll enjoy it, I'll leave some for continual holding but I will never let my potential profits slip anymore and so, I'll hold, I'll sell and I'll enjoy, I am working not just for my family but also for myself.

After my retirement SEP act runs out in 15 years, spend them to continue to enjoy my retirement.

Is obvious that bitcoin is a very good asset that can profit one in the future so if it happens to be that I'm no more as long as I have a wife and children of course my children can still profit from it you know bitcoin investment is just the same as buying a land maybe you can decide to make it a rental property by doing this you have just set a good asset that will profit you in the future and as well your children probably when you get old your children will be the one to take care of those asset you built for them. Of course before I will think of getting old first I will give them access to all my assets because no one knows when the unknown death" will come.

He did not post that cryptocurrencies will take over fiat in a way that fiat will become obsolete. He posted about how cryptocurrencies will become a hedge against inflation and other ways how people will utilize cryptocurrencies. But it is also good to know that cryptocurrencies are like dump and dump projects, but only few are good in long term. If you are talking about hedge against inflation, that should be bitcoin. Bitcoin is a hedger against inflation.

Don't think the fiat would be gone, crypto would still coexist with it, because currently, you won't be using crypto for small purchases, all the time.
For big ones - surely, it is viable.
So people would rely on both.

I think everyone knows the better way of how to handover their asset when they get old. To some people who already have children and grandchildren they may decide to pass it on to them, and to those who may not have anyone who they can give, they may decide to donate it out. Let's just concentrate in our investment and to enjoy the profit of it now we are young, when one gets old and have nothing to do with it, we know the best way in which we can give it out which it won't be a waste.

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.

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.

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'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.

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.

You are absolutely right, I think he would have ask himself that question first before thinking of creating this thread. All our hustling today is for future purposes and also for our children usage, because once you set up a good investment plan now, it will be more easier for you to live happily at your old age. while because you have already acculate enough Bitcoin that would serve you till your entire life, and even if you are no more your children can continue from were you stop without having any difficulties.

Crypto had been already part of my personal finance since years ago and are the many people who are enthusiast about cryptocurrency.  If we observe the event that happens recently, we can already say that crypto specifically Bitcoin is already been a part of personal finance of many people.

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.

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.

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.

Enjoy. You might understand the purpose of enjoying.

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.

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.


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.


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

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.

Switching from bitcoin to crypto assets is quite in observable mistake.

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.

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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.

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.  .




If I can keep them until then, inheritance is the only thing I can think of.

I invest in bitcoin and altcoins but when it comes to a coin to hold until old age (if possible), bitcoin is probably the only option at this point. Currently, no coin is as reliable in the long run as bitcoin but that may change in the future as the cryptocurrency market matures.

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.


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.

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.

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.

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.

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.

1. I think most people already know Bitcoin, but they just not dare to buy and hold it.

2. What I will do? I will pass my Bitcoin holdings to my kids, I want them to continue my journey to become holder.

3. I can't trust any token for 50 years. I have few altcoins and I can't live peacefully because the price can't go up even though Bitcoin has reach $100K again. I've hold it 3 months, I can't imagine if I hold it for 50 years.

Technically Litecoin isn't token, it's coin. Token is a cryptocurrency run in existing blockchain e.g. ETC, RNDR, ENA run in Ethereum network.

1. I think it has happened, even many people's assets are only crypto, no other assets.
2. I am not sure if I can hold them until I am old because my goal of investing in crypto is to improve my life and my family's. I won't hold them until I'm old while my family is still struggling with life as it is now. So when the right time comes, I will not hesitate to sell everything I hold and serve my life.
3. Bitcoin is not the only investment on the market that can bring profits, there are many other options and this will depend on each person's investment preferences.

That's a good mindset but I don't completely agree. I think that parent should help their children to grow up strong and financially independent. If you use your wealth to help them grow up strong, then your aim is achieved and you'll be safe by saying that they become capable, they don't need your wealth anymore. If they won't grow up as expected, then they won't be responsible towards your assets and they'll quickly waste it on fun.

That's nice but we have a saying in crypto, not your keys - not your coins. If you deposit your Bitcoins to bank's account, they do not belong to you anymore. Also, you can't be sure that the company where you deposit your account, will exist in the next 50 years, so I wouldn't risk this. It's better to timelock your Bitcoins in your software wallet and make them available for withdrawal after 50 years.

I'd say that Ethereum is doing well and will probably do so in the future. I'd also think about Monero because it's one of the most popular anonymous cryptocurrency.

Probably nothing. Inheritance is obviously an option but I'm not old (nowhere near old at all). For now I will just leave my bags as they are. Besides, how do you even plan to convert it all to fiat if you have millions of dollars worth? You don't want to be dealing with the tax man during retirement - they'll just take a giant chunk of your tax money.

When I get old and almost die, I will give my Bitcoin to my children or grandchildren and tells them to continue what I did. Before I do that, I will guide them so they will know how to use Bitcoin and how they can growing their Bitcoin amount. They must trying to have their Bitcoin before I give a legacy to them so they can use it for their own benefits. I don't wants to see my family difficult to survive in the future because I guess their life in the future will not be easy as today.

When I have a hard time with my vision and my memory, I will handle all my Crypto assets to my children and grandchildren but I will make sure that they know everything about Cryptocurrency, I don't want people close to me or relatives losing my assets because of mismanagement

The future is uncertain; even a five-year prediction is hard to predict. What more with 50 years? 50 years ago, who would have thought that we would have an internet and cryptocurrency?

Any progressive thinking person will know to have crypto as part of their personal finance. If global and wealthy nations already have it in their plans why should a private citizen not think in that direction.

It becomes generational wealth, passed down from one generation to another. A part of it will go to charity too.

Basically any token which is as strong as bitcoin.

The question you should asked yourself is that why do people save money?
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.

1. Totally.
2. My family is trying out things related to crypto, so by the time I am gone, they will probably figure out what are the private keys and how to use them with my help So no worries here.
3. Bitcoin and Litecoin.

personally, i don't think the idea of investing and accumulating bitcoin so much and then letting it go unused or sending it into a wallet that cannot be accessed is a good idea when there are a lot of things you can use the profit you have acquired from investing in bitcoin for. does it mean that if you spend a portion of your bitcoin holding that the bitcoin network will crash? truth is that as long as bitcoin continues to remain relevant in the world, a single individual selling his holding at some point in time will never mean that it will drain bitcoin down. there will always be buys and sells and a lot of the other market condition that will continue to go on as far as bitcoin is concerned and that is just the basic reason for it volatility.


crypto and particularly bitcoin is now an integral part of personal finance and in the future, it promises to reach a larger audience that the people currently using it now. a lot of people receive payment in crypto, buy crypto, sell crypto, trade crypto and even have their savings in crypto, what other aspect of personal finance has it not covered yet?
will i go to the grave with any of the wealth and assets i am currently gathering? that is never possible. there is a saying that goes "A good father leaves an inheritance for his children. i will leave all my inheritance for my children and if i still holds some crypto at old age, i will give it to my son that is a lover of crypto and that can make the best use of it. it is that simple.
beside BTC, i can't vouch for any digital asset regarding their potential performance in the next 10 years talk more of 50 years' time. i know that a physical investment option like the real estate will continue to gain relevance in the next 50 years but as long as a digital asset is concerned, it is just bitcoin and bitcoin alone at the present.

Interest rate that can't keep up with Growing inflation? I will pass on that.
To me Fiat is meant to be used not saved.


1. I think Bitcoin is here to stay and on other crypto? Many that exist now wouldn't exist in the next five years not to mention 50 years.

2. Don't know for now but I don't think I would like to stay home and do nothing in my old age. Maybe use some to travel the world and taste different cuisine and leave a responsible amount for family.

3. Besides Bitcoin? Then None.

Don't know why, anytime I think of an altcoin I remember FTT that no matter how big they may be down.
They could fall anytime soon.

Yes I strongly believe that it will happen in future. Government deciding to make it as their strategic reserve is one step to make those good development to happen. We are heading on digitalization and provably Bitcoin and crypto would provably play huge role on finances in future.


Provably will pass this to my children's since they are also the reason why I made this investment. So provably they split up my crypto asset if that time will came.


Provably ETH will next to it and then SOL.

It's very hard to get objective numbers, but a quick google turned up articles claiming that between 1,5 and 6% of the population already owns bitcoin right now... So it's already part of a lot of people's personal finance. No trustworthy source tough, but in the first 10 hits i did not find any article claiming less than 1,5% of the population, and i did not find any article going over the 6% cap.


My child already knows how my hardware wallet works. If i die, everything on there is hers.

only bitcoin. I have some alts which i got "for free" (for example, from tips, or for very small tasks or from faucets), but i don't believe any of them will still be around in 50 years.

You don't need to wait for the future, crypto and Bitcoin is already here and it's already the best asset in the world right now and it's shaping the financial landscape more than ever when nations are talking about it and making Bitcoin as their national reserve besides Gold.


What else you gonna to but to give it to your love ones as inheritance.


I don't know, but if you look at altcoins, it's prime mover is Ethereum, so maybe it could be the best crypto after Bitcoin to put your investment. But this is up for debate, maybe other investors have something in their mind.

1. Like savings and retirement planing? Bitcoin is already among them. I can not consider altcoins because they are too volatile and some of them do not get to ATH after a long period of time.
2. If I have nothing to do with it, my children will inherit it.
3. Besides bitcoin, which token do I believe in for the next fifty years? None. I prefer only bitcoin and I stated the reason.

Recent discussions have highlighted the challenges of handling crypto assets on CEXs after an account holder's death. While legal frameworks may evolve to address inheritance of crypto assets, this analysis focuses on proactive measures regarding personal crypto holdings. Given its enduring value potential, BTC is singled out as the primary asset for long-term investment.

Michael Saylor's plan to secure his BTC after death, while intriguing, raises questions about practical implementation. The core idea is to ensure his BTC remains inaccessible, preserving its value as a testament to his contributions to BTC future. 2 viable approaches to achieve this are: self-destruct mechanism & concealment. One potential strategy to ensure that a specific amount of BTC remains permanently out of circulation is to "burn" it by sending it to an inaccessible account. This effectively removes those coins from the circulating supply, potentially increasing the value of the remaining BTC.

Unlike Michael Saylor, I'm not a billionaire with a grand vision for BTC. I'm a normal worker, earning and saving in USDT. My strategy is simple: DCA into BTC with consistent USDT allocations. Profits are primarily used for essential family expenses, making it challenging to weather prolonged crypto winters. Even in a hypothetical scenario where I accumulate 1 BTC after 50 years of disciplined investing and its value appreciates to 10M USD, the sheer magnitude of that wealth would present significant financial and lifestyle management challenges.


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.

Given these considerations, I'm exploring alternative options. Philanthropy is an attractive path, allowing me to support causes I believe in. Alternatively, utilizing my BTC to fund extensive travel and experiences could be a fulfilling way to enjoy the fruits of my labor.

I considered depositing 1 BTC or 10M USD into a bank's permanent savings account, assuming such a service will exist in 50 years. The interest generated could potentially provide for my grandchildren's basic needs, reflecting my deep love for them. Should they not require the funds, I envision them generously donating the interest to charitable causes supporting underprivileged students or patients.

My long-term crypto investment strategy involves accumulating 1 BTC over the next 50 years, divided into 12 accumulation cycles. This translates to acquiring 0.083 BTC per cycle. While currently possessing only a fraction of this target, I remain optimistic about the crypto market's potential for sustained growth and recurring uptrend. These market cycles present valuable opportunities to generate profits and accelerate my BTC accumulation.

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?

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• Michael Saylor’s plan to burn his Bitcoin after death – Following Satoshi’s steps?