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Topic: Would you include bitcoins in your will (and make it a quest)? (Read 2072 times)

sr. member
Activity: 322
Merit: 250
I see it as a futile exercise because since I would have died then I don't get to know who is more intelligent and even get to see the fun part of the quest. Rather, when I am sure I have enough to sustain me in my life time then I can give them the quest in my life time for the rest while I watch them and ensure the rules of the game are kept so they don't get to kill each other and in case no one is able to break it, I can provide them the solution rather than losing the whole coins forever.

(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.
sr. member
Activity: 560
Merit: 250
(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.


good idea, because we have to consider the long term for our extended family later
copper member
Activity: 1050
Merit: 294
Yes i will do it if i would have some bitcoins in my savings, because i think it is also a part of our wealth as other currencies we have. However hiding the keys to make it a quest is a quite funny idea  Grin.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Dude just give the bitcoins without rodeo to your kids xD
While the idea of the quest is a bad one, you need to device a way to give those coins to your heirs in your will, you cannot give the coins to them because then they could spend them immediately, and if they're kids, they will very likely squander those coins.
full member
Activity: 244
Merit: 100
Dude just give the bitcoins without rodeo to your kids xD
sr. member
Activity: 378
Merit: 250
(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.
How would they find the Bitcoin in the end? This would be very hard because you can't exactly own Bitcoin without the private keys. Do you want to make it some sort of puzzle or something?

They only way that I see this working is splitting the Bitcoin, before you die, to __ (Insert number of children you have here) Bitcoin wallets. From their you could give each child some clues and hints in your will to find the password for each account. This way it is still something like a quest and you can make sure that the funds are split equally.

Maybe you could give each child a  private key from a multi sig... But it will still end up with fighting and quarrels over the amount that each child gets.

But it is a good idea and it has got me thinking too...
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
This is quite a unique request and only someone that has an interest in technology can make good of bitcoin and passing it on to your children will not be easy as anybody with knowledge of your private key can spend your money
You will need to find ways to do it or the coins will be lost, and this is something that you cannot trust to anyone else except your heirs because as you said anyone that has the private keys or the seed of your wallet has complete control of your coins that are in there.
sr. member
Activity: 434
Merit: 250
(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.
this was the most interesting question i seen in bitcointalk . Really it depends on persons decision and priority for me money just a thing to live my life decently . If i am reaching oldage still keeping bitcoin then i will distribute when i alive . Otherwise i will spend bitcoin to have the wishes in life may be roaming around world or other stuffs.
legendary
Activity: 3080
Merit: 1500
(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.

SO you are actually planning to create a massive chaos among your children. Good luck with that! If they get a simple hint that they can become a millionaire by your bitcoins, they will be driven by their instincts and destroy their fate.

If you want to give them something, do it with grace and smile on your face. Then only your gift will be accepted by the almighty and your children will also be happy. Never try to create a chaos among them, it may ruin their life. Just a bit of advice.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.
I think it will be great if the children are all not on good terms with each other, the quest for the fortune will heal old wounds and bound them together at the same time.i think it will incorporate that into my will as well and not will it only be for bitcoins, but other things as well.
sr. member
Activity: 434
Merit: 251
physics, mathematics and engineering
Create a paper wallet, maby engrave the QR code into steel or something, to make it look better, and then you can handle it like a physical commodity and you can create any kind of quest you disire.

Another option would be a smart contract like etherum has (I heard it should come to BTC to in the future, but not sure about that), or just use etherum  Cheesy
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
This is quite a unique request and only someone that has an interest in technology can make good of bitcoin and passing it on to your children will not be easy as anybody with knowledge of your private key can spend your money
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Yes I would, why not. Bitcoin could be asset just like everything else and it would be shame to get waisted. I would leave the special instructions in that case but also make sure that it comes to hands of person who realy.knows how to use it and what to do with Bitcoins. Sometimes people leave to others realy stupid things in their will so why wouldn't they leave Bitcoin.
hero member
Activity: 2660
Merit: 551
If I have millions worth of bitcoin in my wallet, then definitely I will include this in my will. But if not then I won't. But if I own like huge amount of bitcoin, I will let my wife learn how to "unlock" and withdraw the funds. I don't want them to go to the hassle of retrieving it when I'm gone. Right now, my wife already knew it but don't know how much bitcoin I have.
legendary
Activity: 2436
Merit: 1362
Money is no laughing matter so making it a quest sounds fun but if they don't figure it out then you have wasted everyones time and your money would be gone forever.

I thought of this also but if you let the beneficiaries know the amount of "treasure"
they could hope to uncover and keep, well then im sure they would figure it out no
matter what and of course its not going to be impossibly difficult after all you want
those bitcoins found!
hero member
Activity: 700
Merit: 500
LMAO. I don't know if I would make it a quest, as you say... but I would definitely put them in my will, including clear instructions on how to use/sell them!
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.
There is no point into making it a quest, when you die your kids will not want to get fun, they will be sad, there is the possibility they don’t even look for the coins if your quest is too hard, just leave clear instructions about how to retrieve the coins and be done with it.
sr. member
Activity: 756
Merit: 253
It depends how you treat Bitcoin and what it is to you. Of course if you treat it as part of your estates you'll definitely list it in your will and perhaps show how one can get access to the private keys.
hero member
Activity: 994
Merit: 507
(hypothetically) When I die I'd like my children to have all my bitcoins. So I was thinking of writing a will to give each of them equal amount but to make it more fun I'd hide the keys from my wallet and make it a quest.

I will surely include it in my will since it a part of my wealth and I will not just left it with no one using it since that would be a waste. Also I am a fan of detective stories so I might as well make some codes to make it fun and for them to remember how their father made his children struggle to get their inheritance and understand what Bitcoin is. That would be fun even if I'm in afterlife. Also Bitcoin at that time will surely have a high price!
sr. member
Activity: 406
Merit: 251
It is a creative idea to make the treasures your child is looking for with a puzzle, maybe it will make them understand how difficult it is to make money like looking for treasure, if not try not to get what they try and it becomes useless or futile. But it also has its drawbacks for me if you include a complicated puzzle to find the bitcoin you have save, it will make it harder for them and worse if your child has decided not to look for it or hopelessly will be in vain, Everything you want will be in vain, of course that's not what you want from the beginning of your planning.
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