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Title: . Post by: yat97 on February 07, 2022, 09:22:38 PM .
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: mayax on February 07, 2022, 09:37:25 PM you are talking about future but it may be no future for you... today can be the last day in this dimension. :)
it is a non sense to talk about that... Title: Re: Hypothetically keeping your bitcoin when you die? Post by: coupable on February 07, 2022, 09:43:06 PM I would rather prefer spending all the money during my natural life than holding any amount to spend after 100 years. You will never be able to have a normal life after being absent for 100 years.
Does it make sense for you that someone try to find an answer for such an imaginary scene? Title: Re: Hypothetically keeping your bitcoin when you die? Post by: BlackHatCoiner on February 07, 2022, 10:42:45 PM There are other things in life besides money. How about your family and youth? Also, do you surely have the guts? I don't know if you've realized it, but you're betting your life for Bitcoin's success. I'm convinced it'll worth more in the future, but I'm not going to bet my life for it.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Bitcoin_Arena on February 07, 2022, 11:00:26 PM What's the point? ;D
You think if you became a millionaire or Billionaire, you will have achieved everything in life? Nope, you are wrong. Death is part of life and it's inevitable. There's nothing you can do about it. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: BitMaxz on February 07, 2022, 11:19:52 PM That's a good idea it's just like a movie you froze yourself and after 100yrs someone found you and revive that's impossible it's just like a Manifest series.
Or maybe they can revive you as an android? :D The only thing that is possible is to put your seed backup into a steel sheet and rent a safety deposit box and I think you can ask the bank if you die they should give it to the beneficiary(Your son or daughter). That's the only thing that I think you can do while keeping BTC on a safety deposit box just make sure that you tell one trusted family member about it. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: maria1110 on February 08, 2022, 07:59:15 AM What you described sounds like movie clips to me.
If I were you, I'd prefer to spend money during this life rather than 100 years later. Who knows what will happen next? 100 years is such a long time of period to imagine. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: KaliLinux on February 08, 2022, 08:36:16 AM ;D ;D ;D Seems like someone has been watching too many movies. There is no freezing of yourself and I believe planning on leaving some Bitcoin Inheritance for the kids is a Great Idea, besides, why are we working this hard if not for the family? and of cause with the way the Bitcoin price is going, years from now, the price will be pretty much but don't know about 100 years though.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Obito on February 08, 2022, 08:57:07 AM I will try to suspend my belief and say that if you want to leave instructions then the only way you can do that is to have a vault that will be able to withstand time if possible you also need to leave instructions regarding on how to access your private keys, not to mention that you're going to need a lot of money right to get your cadaver frozen. To ground this into reality, there's an experiment in the UK where they froze a hamster and used a microwave oven to revive it, now Tom Scott was able to get an interview with the man and said that it's going to be difficult if not impossible for humans because of how big we are compared to those hamsters.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: michellee on February 08, 2022, 09:28:21 AM I never think about that since I can not live for hundreds or thousands of years or freeze myself in ice storage for thousands of years later. Your imagination is too wild ;D
You can prepare your kids and teach them all you know about crypto and make sure your kids know how to use your crypto better and how to grow the amount. Let them use your crypto as a legacy so when you are resurrected from the realm of the dead (it is too ridiculous to think if this is true), you will see how your kids or your great-grandchildren use crypto (if crypto still exists in the next hundreds or thousands of years). Title: Re: Hypothetically keeping your bitcoin when you die? Post by: virasog on February 08, 2022, 10:11:10 AM I would rather prefer spending all the money during my natural life than holding any amount to spend after 100 years. You will never be able to have a normal life after being absent for 100 years. Does it make sense for you that someone try to find an answer for such an imaginary scene? These types of imagination and thinking 100 years beyond is just day dreaming and nothing else. No one from us will be alive to see what happens after 100 years. If freezing was possible, everyone would have frozen themselves to become alive in another century. Time travels and these frozen theories do not exist in reality. What money we have, we should spend it in this world before it's too late and we die. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: hatshepsut93 on February 08, 2022, 01:21:25 PM I wouldn't rely on Bitcoin when it comes to storing value for 100 years without any way to interact with it. Bitcoin is software, and software keeps evolving, so you can't be certain that Bitcoin won't get replaced or it won't get abandoned. 100 years is a very long time and a lot can change. You also need to consider that the current address formats may no longer be valid in 100 years. Maybe there will be a fork that introduces new formats and later phases out the old ones. And because you are not touching your coins, you won't have a chance to migrate to new address.
IMO precious metals are more reliable store of value for such use cases. Of course they aren't perfect, but don't forget that Bitcoin is still considered an experiment. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: noormcs5 on February 08, 2022, 01:37:11 PM I wouldn't rely on Bitcoin when it comes to storing value for 100 years without any way to interact with it. Bitcoin is software, and software keeps evolving, so you can't be certain that Bitcoin won't get replaced or it won't get abandoned. 100 years is a very long time and a lot can change. You also need to consider that the current address formats may no longer be valid in 100 years. Maybe there will be a fork that introduces new formats and later phases out the old ones. And because you are not touching your coins, you won't have a chance to migrate to new address. IMO precious metals are more reliable store of value for such use cases. Of course they aren't perfect, but don't forget that Bitcoin is still considered an experiment. Yes, with technology evolving rapidly, i also think that bitcoin will be replaced by something better in a 100 years time. Also, we often hear the quantum computers are a threat to bitcoin as their processing powers will be able to decrypt the private keys. Think that in 100 years time we will have 1000 times faster machines than quantum computers. We can't imagine what and how the currency will look like after a hundred years time. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: AicecreaME on February 08, 2022, 01:52:29 PM Hey, so what if you freeze yourself? And then there is technology to bring you back from the dead hundred years later. Is there any good way to keep some bitcoin on you for this situation? I plan on giving/inhriting most of my btc to and kids I might have in the future, but.... butttt.... what if I froze myself, kept some btc. Is there any good idea how I keep my private keys with me? There is no gurantee I would remember a seed phrase in my head when I woke up. Might not remember much of anything. Idk no one knows. but I'm pretty sure 100 years from now btc will be tens of millions if not more per coin, so even just 0.1btc would prob make you a millionaire. If... lets say, you kept it in a steel container with instructions, any way to make sure the people freezing you dont just take it? Or if they dont, what if you wake up, and you dont realize what you have? Someone could easily take it from you then. Maybe I could put on on stainless steel, like a thin sheet, scratch the seed phrase in, then have it shoved in my arm or leg and stitch it up, then die, wake up. Maybe have some sort of instructions that would only make sense to me in the event i forget about it... or..... maybe like... I put it in an awkward place in my arm or leg so it's guaranteed to give me some major issues and will need removed so it will remind me. like if i forget my memories, I wake up, ouch my leg kinda hurts when i walk. go to doc, doc x rays and is like you got some random metal in your leg wtf lets remove it. on th metal, rolled up, it says "my name" or whatever to open only. no one else. then has instructions how to retrieve the btc? Assuming I dont have great great grand kids who want to help their ancestor in some way who show up on my revival? All of course assuming it is possible for humans to revive the dead in the future. idk. wouldnt it be funny, there is an afterlife, and you tell people there how you had bitcoin and if it is worth a bunch telling everyone how if you were alive you would be rich, then suddenly you get sucked out of the afterlife into your body? Maybe it takes 1000 years later, and 1 bitcoin is a trillion dollars lol. but then it would suck if you wake up and someone performs operation on you in the process of waking you up and sees and takes it? Man... too bad things cant just be literally etched into the brain so there can be no possibility of forgetting it or something. Idk, anyone have any ideas? do any post death trusts exist? Like go to a bank and be like hey, can I rent out the safe deposit box for the next 100 years? THen its your luck it's 101 years when you revive and the bank threw out your seed phrase lol I don't really see the point in doing this. Isn't this being so greedy? Because you can always enjoy the fruit of your labor and patience if not today, in the next few years with your loved ones. It seems futile to me finding a solution to an imaginary and impossible scenario. It would be better if you would spend your coins in your lifetime. Or if you choose not to, it's better to leave it to your loved ones such as your children like you've mentioned to be their inheritance. As for me, if ever bitcoin would really massively soar in the next 100 years, it would be worthless for me to live because after all not everything just revolves around money. Imagine the generation gap that you would be into. You would have a hard time adjusting as well as having a hard time enjoying those money when you don't have someone with you to cherish and celebrate it. You could even feel lost and empty despite having so much. If I were you, instead of thinking nonsense, I would just put my energy into generating more profit so that I could enjoy it today or in the next years without the need to wait for hundreds of years just to celebrate. You can always enjoy your assets and funds with the right discipline and limitations so that there would be left for you to use in the coming years. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: kro55 on February 08, 2022, 02:00:10 PM What's the point? ;D You think if you became a millionaire or Billionaire, you will have achieved everything in life? Nope, you are wrong. Death is part of life and it's inevitable. There's nothing you can do about it. Maybe I got his point, He thinks that maybe in the future science will reach a point where it will be possible to bring the dead back to life. But 100 years from now, his name may be erased. Maybe everyone will forget him. Even if science could bring a dead person back to life, perhaps no one would think of bringing him back to life unless he became the owner of immense wealth. maybe he wants to become a millionaire after his death by holding bitcoin. so people will try to resurrect him to rescue his hidden bitcoin. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: suzanne5223 on February 08, 2022, 02:09:05 PM 100years is a long time and it is hard to predict what the price of Bitcoin will be then but it is going to be huge.
Having said that, the best way I know to keep Bitcoin for that long is by creating a paper wallet in which you will keep the wallet seed or private keys in a metal container like Quadrat register (https://jlopp.github.io/metal-bitcoin-storage-reviews/reviews/quadrat-register/) and have it save in a safety deposit box. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: RiskySanchez on February 08, 2022, 02:31:44 PM Come on dude, you're not fantasizing about the BTC you have in the future please be realistic and be a social being, think about your family and friends. you must realize what you want is something that not real, you and us never be live forever more than 100 years forget about money and enjoy your life
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: DannyHamilton on February 08, 2022, 02:32:15 PM Might not remember much of anything This is where the problem lies. Anything that requires you to have some knowledge or memory might fail. Anything that does not require some knowledge or memory is something that ANYONE else could do and therefore take your bitcoin.If... lets say, you kept it in a steel container with instructions Will you remember it's in a steel container? WIll the container be hidden in a way that you can find it?If finding it requires memory of it, then you might not remember. If finding it does not require memory of it, then someone else may find it. any way to make sure the people freezing you dont just take it? Only if you can count on having a memory of it.Or if they dont, what if you wake up, and you dont realize what you have? Yep. You either need to trust someone with the info (in case you forget), or you need to trust that you'll have memory.Maybe I could put on on stainless steel, like a thin sheet, scratch the seed phrase in, then have it shoved in my arm or leg and stitch it up, then die, wake up. If they search your body before freezing you, they'll likely find it (especially if they xray you first).Maybe have some sort of instructions that would only make sense to me in the event i forget about it... And if you forget the thing that allows those instructions to make sense to you?or..... maybe like... I put it in an awkward place in my arm or leg so it's guaranteed to give me some major issues and will need removed so it will remind me. like if i forget my memories, I wake up, ouch my leg kinda hurts when i walk. go to doc, doc x rays and is like you got some random metal in your leg wtf lets remove it. on th metal, rolled up, it says "my name" or whatever to open only. no one else. then has instructions how to retrieve the btc? You still have to hope that nobody discovers it in the freezing process and that nobody discovers it while you're frozen. You also need to hope that having a chunk of metal won't interfere with the freezing process and make it ineffective or severely damage the surrounding tissue.Like go to a bank and be like hey, can I rent out the safe deposit box for the next 100 years? Will you remember that you put something in the bank box? And if you do, the bank might go out of business 10 years before you are revived and all contents of unclaimed boxes are destroyed?Anything that requires knowledge, requires you to remember something. Planning under the assumption of a loss of memory means planning for the possibility that you are a completely different person, meaning that a completely different person can access it. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: _Miracle on February 09, 2022, 04:33:38 AM yat97,
imagine yourself as a sci-fi writer and work the problem out ;-) Personally I like the concept of PURDAH from Fall or Dodge in Hell: "Further, Stephenson’s tremendous gift for envisioning future technological praxis is shown in Fall through his speculation, perhaps stemming from his position as “chief futurist” at the AR startup Magic Leap, about how people will protect both their privacy and their digital identities online. The creation of apps called PURDAH and VEIL fuels the editing, personalizing, hiding, and/or announcing of one’s presence in both reality and online, which sounds exciting as a means of combating the scourge of “fake news” and social media bots. PURDAH is a “Personal Unseverable Registered Designator for Anonymous Holography,” a means to provide authorship of one’s presence in the online world through identifiable traits in one’s writing. Likewise, VEIL is “Virtual Epiphanic Identity Lustre,” a means to electronically broadcast both noise and signals to facial-recognition software systems. A VEIL can jam one’s face on security cameras and in other people’s augmented glasses or convey links to one’s PURDAH as a kind of QR code or nothing at all. As a means of protecting and projecting one’s privacy and identity, it is quite intriguing — how can, and even should, we protect our identities and go where we want in the coming days of near-total video surveillance?" https://lareviewofbooks.org/article/nonexistence-seems-preferable-post-truth-feed-identity-and-the-npc-afterlife-in-neal-stephensons-fall-or-dodge-in-hell/ Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Darker45 on February 09, 2022, 04:58:34 AM You made me laugh. You are the only person I know who is preparing material wealth for the afterlife. Rebirth, at least to the majority of those who believe in it, is mostly understood as spiritual. If not, at least we will be reborn in another life form. But here you are preparing for the possibility that after we die we might one day wake up as the same person. With this, I don't think we should proceed with the discussion.
Perhaps we should just begin to live the present. Live it all because we only live once. Make the most of your Bitcoin because when you die there's no more Bitcoin. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Ozero on February 09, 2022, 05:04:20 AM So far, science and technology are not so developed in us to talk about how to return a person to life after death after a while. The human body decomposes over time and everyone knows this. It is possible to stop the decomposition, however this technology must not harm the technology that will be used to bring a person back to life. Now, for example, there are cryogenic installations that freeze terminally ill people in order to unfreeze and bring them back to life when they invent a way to cure a person. But the thing is, no one knows if this is even possible. When freezing or other similar actions, human cells can be damaged or something else can happen that will not make it possible to return a person to life. No, it is better to use this life for its intended purpose and die a natural death.
It is possible that there will be a technology to transfer the consciousness of a person into another body. Several films have already been made about this. This seems more likely to me in the future. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: goldkingcoiner on February 09, 2022, 05:10:38 AM If a person dies while hodling Bitcoin, and there is no family to which you can give it to, the most ethical thing to do, from my own personal view as a Bitcoiner (and I suspect many Bitcoiners in this forum will share my opinion) is to let it forever be lost in the Blockchain. Irredeemable. Lost. Gone. Like yourself.
Except that those Bitcoins will still serve 1 function: to prop up the Bitcoin value by reducing the Bitcoin supply. So even when you're gone and dead, you are still fighting with us, against the governmental injustice that is inflation. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: davis196 on February 09, 2022, 06:10:31 AM 1.Such "freeze yourself" technology doesn't exist and it won't be invented anytime soon.
Even if such technology was invented,the process of "freezing yourself" will probably damage your body and brain.When they unfreeze you after 100 years,you will be a braindead zombie.What's the point? 2.Bitcoin would most likely disappear after 100 years.New technology is getting obsolete pretty fast. After 100 years we might find something completely different than Bitcoin or a heavily upgraded version of Bitcoin,something like Bitcoin 9.0 or whatever. ;D Nobody is going to live forever.I'm sure that people will invent a technology,where you could upload your mind in a server and exist in the world wide web. ;D Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Sled on February 09, 2022, 11:39:48 AM That still we are alive, then we have to enjoy our money as well as we can't enjoy it in the other life.
It is supposed we don't make a fortune of our great great grand children as we are making them lazy. I mean, we let them work on their own and appreciate hard work otherwise, they don't know anything about how to earn money. If I have Bitcoin today, I gonna sell them before I die that if I know but if not, they are all gone. I don't tell any one in my family and I don't make them think that I could give them much and so they have to work hard just like I did. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: kotajikikox on February 09, 2022, 11:43:31 AM Hey, so what if you freeze yourself? And then there is technology to bring you back from the dead hundred years later. Lol , so you wanna risk your funds just because of science ? instead of your family will benefits from your hard earned funds here in crypto then all you got is floating the funds in the air?Inherit your funds to your love one and forget about this stupid idea , technology will never bring back people from the dead , don't watch too much Sci Fi movies this is not what Crypto investment is all about. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: savetheFORUM on February 11, 2022, 08:06:10 PM If it is possible for us to get revived by some technology then it is also possible that we can retain our memory and the moment you wake up you will still remember the the places where you placed your private keys to be able to open your crypto wallets but seriously I do not think what your wishing is going to happen.
If that is possible, it already happened before. There is only one place where we can go when we die and that is heaven but I think things such as re incarnation is more possible to happen and there are proofs of this before however you wont remember a single thing when you go back to earth. There is no more surer other than inheriting our coins to our loved ones. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Lanatsa on February 11, 2022, 10:51:12 PM Hey, so what if you freeze yourself? And then there is technology to bring you back from the dead hundred years later. Lol , so you wanna risk your funds just because of science ? instead of your family will benefits from your hard earned funds here in crypto then all you got is floating the funds in the air?Inherit your funds to your love one and forget about this stupid idea , technology will never bring back people from the dead , don't watch too much Sci Fi movies this is not what Crypto investment is all about. again those coins beside you then the main question is, who would be the one to maintain out your body for a long time? Can you assure that someone would be waking you up after a hundred years? This is just way too far extent even though its a presumption but even in our dreams it cant really be possible. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: coinism on February 12, 2022, 08:04:24 AM I would rather prefer spending all the money during my natural life than holding any amount to spend after 100 years. You will never be able to have a normal life after being absent for 100 years. Does it make sense for you that someone try to find an answer for such an imaginary scene? The average age in my country is 60 to 70 years, so in no way we people can get coins after 100 years. I being a diabetics patients foresee even a shorter life span. Its better for all us to spend and enjoy life with our loved ones rahter the waiting for indefinite period of time to get the profit. What's the point of getting money when you are old enough and can't walk properly. Better enjoy the money you have in your hand when you are healthy and young. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Fortify on February 12, 2022, 08:19:22 AM Hey, so what if you freeze yourself? And then there is technology to bring you back from the dead hundred years later. Is there any good way to keep some bitcoin on you for this situation? I plan on giving/inhriting most of my btc to and kids I might have in the future, but.... butttt.... what if I froze myself, kept some btc. Is there any good idea how I keep my private keys with me? There is no gurantee I would remember a seed phrase in my head when I woke up. Might not remember much of anything. Idk no one knows. but I'm pretty sure 100 years from now btc will be tens of millions if not more per coin, so even just 0.1btc would prob make you a millionaire. If... lets say, you kept it in a steel container with instructions, any way to make sure the people freezing you dont just take it? Or if they dont, what if you wake up, and you dont realize what you have? Someone could easily take it from you then. Maybe I could put on on stainless steel, like a thin sheet, scratch the seed phrase in, then have it shoved in my arm or leg and stitch it up, then die, wake up. Maybe have some sort of instructions that would only make sense to me in the event i forget about it... or..... maybe like... I put it in an awkward place in my arm or leg so it's guaranteed to give me some major issues and will need removed so it will remind me. like if i forget my memories, I wake up, ouch my leg kinda hurts when i walk. go to doc, doc x rays and is like you got some random metal in your leg wtf lets remove it. on th metal, rolled up, it says "my name" or whatever to open only. no one else. then has instructions how to retrieve the btc? Assuming I dont have great great grand kids who want to help their ancestor in some way who show up on my revival? All of course assuming it is possible for humans to revive the dead in the future. idk. wouldnt it be funny, there is an afterlife, and you tell people there how you had bitcoin and if it is worth a bunch telling everyone how if you were alive you would be rich, then suddenly you get sucked out of the afterlife into your body? Maybe it takes 1000 years later, and 1 bitcoin is a trillion dollars lol. but then it would suck if you wake up and someone performs operation on you in the process of waking you up and sees and takes it? Man... too bad things cant just be literally etched into the brain so there can be no possibility of forgetting it or something. Idk, anyone have any ideas? do any post death trusts exist? Like go to a bank and be like hey, can I rent out the safe deposit box for the next 100 years? THen its your luck it's 101 years when you revive and the bank threw out your seed phrase lol There has been no example of someone who has been frozen and "resurrected". If an insane person were to freeze themselves while alive right now, it's the case they would die right there and never to recover. The brain needs those electric pulses to retain all the components, connections and memories that are stored - you'd be short circuiting it. While some people might wish they could live forever, or at least be reawakened in some distant future, we simply do not have the tech right now and even if the tech did become a reality in future, it's unlikely to recover people who were not conditioned in the correct way as you'd just be looking at a dead slab of frozen meat. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: kryptqnick on February 13, 2022, 02:35:52 PM I think that freezing oneself is a way bigger challenge than keeping the coins. I would give mine to my family, to be honest, but if freezing becomes very common and very safe, I think that ways of keeping your money and possessions would as well. I thought of where one could put the passphrase, but leaving it online is impractical in case any particular server or company fails, and putting it into any physical location is also unsafe because the geography of the place can change unbelievably, and even if you know the exact place, extracting it can be a big problem. So I think the safest option would be to print out the passphrase, laminate it in plastic, and put it next to oneself in the freezing camera (if being frozen in clothes, preferrably in the pocket). I wouldn't trust any company to survive over the centuries, so I don't consider that as an option.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: molsewid on February 13, 2022, 02:55:04 PM The average age in my country is 60 to 70 years, so in no way we people can get coins after 100 years. I being a diabetics patients foresee even a shorter life span. Its better for all us to spend and enjoy life with our loved ones rahter the waiting for indefinite period of time to get the profit. What's the point of getting money when you are old enough and can't walk properly. Better enjoy the money you have in your hand when you are healthy and young. Reading the thread that OP has posted the word freezing your body is the one that really caught my attention, actually, this kind of scenario is kind of movie scene that I only encounter once in movie which I forgot what is the title of that movie though. And to be honest I am not sure if this kind of body preservation is already take place but like what other member here said I would rather spend my assets and enjoy my money with my love ones. Enjoying life while you are young is so priceless and memorable so why would you choose to froze yourself and take a risk hoping that after a 100 years you'll be bring back to life. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: mia_houston on February 13, 2022, 02:58:30 PM Hey, so what if you freeze yourself? And then there is technology to bring you back from the dead hundred years later. Is there any good way to keep some bitcoin on you for this situation? I plan on giving/inhriting most of my btc to and kids I might have in the future, but.... butttt.... what if I froze myself, kept some btc. Is there any good idea how I keep my private keys with me? There is no gurantee I would remember a seed phrase in my head when I woke up. Might not remember much of anything. Idk no one knows. but I'm pretty sure 100 years from now btc will be tens of millions if not more per coin, so even just 0.1btc would prob make you a millionaire. If... lets say, you kept it in a steel container with instructions, any way to make sure the people freezing you dont just take it? Or if they dont, what if you wake up, and you dont realize what you have? Someone could easily take it from you then. Maybe I could put on on stainless steel, like a thin sheet, scratch the seed phrase in, then have it shoved in my arm or leg and stitch it up, then die, wake up. Maybe have some sort of instructions that would only make sense to me in the event i forget about it... or..... maybe like... I put it in an awkward place in my arm or leg so it's guaranteed to give me some major issues and will need removed so it will remind me. like if i forget my memories, I wake up, ouch my leg kinda hurts when i walk. go to doc, doc x rays and is like you got some random metal in your leg wtf lets remove it. on th metal, rolled up, it says "my name" or whatever to open only. no one else. then has instructions how to retrieve the btc? Assuming I dont have great great grand kids who want to help their ancestor in some way who show up on my revival? All of course assuming it is possible for humans to revive the dead in the future. idk. wouldnt it be funny, there is an afterlife, and you tell people there how you had bitcoin and if it is worth a bunch telling everyone how if you were alive you would be rich, then suddenly you get sucked out of the afterlife into your body? Maybe it takes 1000 years later, and 1 bitcoin is a trillion dollars lol. but then it would suck if you wake up and someone performs operation on you in the process of waking you up and sees and takes it? Man... too bad things cant just be literally etched into the brain so there can be no possibility of forgetting it or something. Idk, anyone have any ideas? do any post death trusts exist? Like go to a bank and be like hey, can I rent out the safe deposit box for the next 100 years? THen its your luck it's 101 years when you revive and the bank threw out your seed phrase lol Freeze yourself? ;D ;D I think it's just a joke, living humans will surely die and no technology is able to revive the dead, as long as we live it's better to provide more benefits to others so that when we die at least people still remember us, I think it's better for us to tell the people we trust the most be it our wives, husbands, children or parents about the key assets that we have so far and at least leave a message to share them as inheritance or charity rather than the assets just disappearing, I think no matter how great human science is, it certainly won't bring the dead back to life, so I think you're too deeply immersed in what's in the film that you think about freezing yourself. ;D Title: Re: Hypothetically keeping your bitcoin when you die? Post by: yat97 on February 22, 2022, 01:13:48 AM Come on dude, you're not fantasizing about the BTC you have in the future please be realistic and be a social being, think about your family and friends. you must realize what you want is something that not real, you and us never be live forever more than 100 years forget about money and enjoy your life Yeah, I plan on leaving most of my btc/stuff to whatever family I have that survives my death. But thing is who knows if I will even have a family? I dont have kids atm, and there is a good chance I may never. I might be the last of my bloodline. Lets just say I'm not particularly good looking. But if I do, I'm already saving now for those potential kids I may have one day. Thing is, I kick myself as I missed out on bitcoin back in the day. Now, will be lucky if btc goes to a million 20 years from now. I doubt I'll see the success in my lifetime. Maybe see my money grow enough to go from being dirt poor to maybe middle class and if I have kids they can have a nicer life but that's why I fantasize a lot. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: yazher on February 22, 2022, 01:26:31 AM You are talking about hibernation which is only possible to a mudfish and a human it's not capable of doing it as of now. You can try it but in another way, I mean you can hold BTC and forget about it for about 50 years. You can live without updating yourself with the crypto industry anyway, just live your whole life to the fullest so that you will be able to stop thinking about any crypto-related topic until you reach your goal and see the result for yourself.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Fundamentals Of on February 22, 2022, 02:49:04 AM Me, I never have any plan of bringing with me any Bitcoin or any material wealth with me when I die. There are so many possibilities in the future. A body could be frozen and perhaps even brought back to life. I don't find those interesting. I think I would just have to give away my Bitcoin or any properties that I own to my children or to family members. There is no point holding on to those. Death is the ultimate destination of our existence here. We just have to face that.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: kotajikikox on February 22, 2022, 03:31:15 AM Hey, so what if you freeze yourself? And then there is technology to bring you back from the dead hundred years later. Lol , so you wanna risk your funds just because of science ? instead of your family will benefits from your hard earned funds here in crypto then all you got is floating the funds in the air?Inherit your funds to your love one and forget about this stupid idea , technology will never bring back people from the dead , don't watch too much Sci Fi movies this is not what Crypto investment is all about. again those coins beside you then the main question is, who would be the one to maintain out your body for a long time? Can you assure that someone would be waking you up after a hundred years? This is just way too far extent even though its a presumption but even in our dreams it cant really be possible. what if another pandemic comes while you are under experiment and the world in his location ends up to nothing? then all the asset will gone also ;D this is what we get when too much imagination because of movies we watched ;D Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Vaskiy on February 22, 2022, 03:57:03 AM You should've copied this from some movie or this script can be taken as a movie. Beyond that what you've discussed is meaningless. Life is not mechanical device that stops when the battery is empty and wakes once it gets charged. Everyone moving forward with the hope of seeing the next second. Imagination is good, but anything beyond the limitation is useless. Same is your imagination. Nothing intentional/offensive, just the reality.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: DanWalker on February 22, 2022, 05:04:00 AM Are you a fan of Captain America?, Don't watch movies too much. 100 years is a very long time, Bitcoin is also just a man-made product like fiat or other valuables. With the rapid development of technology, in the next 5 years 10 years, perhaps bitcoin will become even more special as its value increases and is widely used. But 100 years later, I think bitcoin has been replaced by something better.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Kakmakr on February 22, 2022, 05:32:49 AM I will hide the bitcoins somewhere and I will request that I be buried with my diary, so that when I wake up.. that I have some memories of the past. Then when I wake up, I will go on a treasure hunt to find the bitcoins that I stashed somewhere.
You can request that certain belongings be stored (not frozen obviously) ..with your capsule .... or you can put tattoos with a treasure map on your body, that you have to figure out when you are alive again. ;D Title: Re: Hypothetically keeping your bitcoin when you die? Post by: worle1bm on February 22, 2022, 06:20:38 AM We don't know how much technology will be advanced in the future but bringing back the dead one's seems only fictional to me and will not be possible.So this is your thoughts only and why are you assuming to be immortal? You can spend your btc within few years and live life happily and in good manner.So why have the wish for next few hundred years or maybe btc won't be there so what will you do at that time? Enjoy the things at the time and rest we can't say what will happen in future.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: pieppiep on February 22, 2022, 02:27:42 PM Freeze ourselves? Hm, your imagination is too high. But if that is opportunity comes to me, I think I will hide my btc, including my private keys that only I knows the place and I will not let other people know about that. Maybe I will give some amount to my family and let them use it for their benefit. Besides that, I will give them an envelope with a letter inside that envelope as my legacy that they must give to their children and grandchildren so when I wake up again in the next 100 years, they can give that letter to me. I think a paper will be rare at that time, so they must take care of it.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: coolcoinz on February 22, 2022, 02:44:49 PM Freeze ourselves? Hm, your imagination is too high. That's a hypothetical question. We can assume that this will be possible in the next 100 years. Don't forget that bringing someone back to life by use of electric shock was unknown in the 19th century and now defib units are very common. Every ER unit has one. Quote But if that is opportunity comes to me, I think I will hide my btc, including my private keys that only I knows the place and I will not let other people know about that. This was discussed before. You may not remember anything when you wake up and leaving clues may lead to people finding your coins before you're brought back to life. When you die all you have goes out of your control. Material things don't matter anymore especially if you don't know how long it will take before someone decides to wake you up. Maybe it will be in 300 years when there's no bitcoin anymore. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Uang_kartal on February 22, 2022, 03:09:10 PM like in a fairy tale, when a pony that comes to wake people up has been asleep for hundreds of years.
bitcoin is a natural resource that is found today, may be expensive in the next 100 years due to frequent burning in halving and buying and selling activities and storing, but that doesn't mean there is no possibility of a return to the price of $ 1 / 1 bitcoin right? there are so many imaginations about what has not happened, death or events that will not necessarily happen in the future, all cannot be separated because we still want to enjoy wealth and enjoy wealth. enough to make me pensive Title: Re: Hypothetically keeping your bitcoin when you die? Post by: pieppiep on February 22, 2022, 04:41:43 PM Freeze ourselves? Hm, your imagination is too high. That's a hypothetical question. We can assume that this will be possible in the next 100 years. Don't forget that bringing someone back to life by use of electric shock was unknown in the 19th century and now defib units are very common. Every ER unit has one. But if that is opportunity comes to me, I think I will hide my btc, including my private keys that only I knows the place and I will not let other people know about that. This was discussed before. You may not remember anything when you wake up and leaving clues may lead to people finding your coins before you're brought back to life. When you die all you have goes out of your control. Material things don't matter anymore especially if you don't know how long it will take before someone decides to wake you up. Maybe it will be in 300 years when there's no bitcoin anymore. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: coolcoinz on February 22, 2022, 11:36:25 PM That's why I intend to leave a letter for my children and grandchildren and keep it until I can wake up later. So they can give me the letter and help me remember it again. Maybe I can't remember it for a while but I will be able to remember it again with the help of my children, grandchildren or great-grandchildren later. What will you write in this letter? Some hints to remind yourself the password for your wallet? What will happen if your memory gets wiped 100% and there's nothing to remind yourself of left in there? You'd have to either write down the wallet passphrase or mnemonic phrases but this will allow your children to get the money without waking you. You see, the problem is when you're dead you don't need money and everything is out of your hands. They can wake you up or not, they can steal your coins or not, don't worry about the things you'll never be able to control. If you leave control of the money to an AI you risk it being hacked. If you live it to a friend, you risk him taking it all without having to wake you up later. If you hide it you risk not remembering where it was, and so on. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Lanatsa on February 22, 2022, 11:44:33 PM Freeze ourselves? Hm, your imagination is too high. But if that is opportunity comes to me, I think I will hide my btc, including my private keys that only I knows the place and I will not let other people know about that. Maybe I will give some amount to my family and let them use it for their benefit. Besides that, I will give them an envelope with a letter inside that envelope as my legacy that they must give to their children and grandchildren so when I wake up again in the next 100 years, they can give that letter to me. I think a paper will be rare at that time, so they must take care of it. Could be possible but into some certain extreme extent on setting up all of it according to your likes or preference but with due technology enhancement and development then we could possibly able to do so but just still some sort of sci-fi scenario that's why lets not talk about that.When you are really that minding about passing those coins for inheritance in case you die then it isn't bad to make or put it up into some will incase you pass away plus having those set of instructions on how to access it out. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: pieppiep on February 23, 2022, 02:14:14 PM What will you write in this letter? Some hints to remind yourself the password for your wallet? What will happen if your memory gets wiped 100% and there's nothing to remind yourself of left in there? You'd have to either write down the wallet passphrase or mnemonic phrases but this will allow your children to get the money without waking you. You see, the problem is when you're dead you don't need money and everything is out of your hands. They can wake you up or not, they can steal your coins or not, don't worry about the things you'll never be able to control. If there is a technology that can make us hibernate, there will be technology for us to use to recall memories. Maybe it will become a kind of memory bank for the memories of everyone who is hibernated. Once my memory is fully recovered, I can do what I want.If you leave control of the money to an AI you risk it being hacked. If you live it to a friend, you risk him taking it all without having to wake you up later. If you hide it you risk not remembering where it was, and so on. As long as my children and grandchildren can keep what I have told them, then there is nothing to worry about, especially since we can leave another legacy that they can use. Could be possible but into some certain extreme extent on setting up all of it according to your likes or preference but with due technology enhancement and development then we could possibly able to do so but just still some sort of sci-fi scenario that's why lets not talk about that. It hasn't happened yet and yes, we can only speculate and imagine what the future might hold and how long we can live. But there is a possibility that such technology will occur in human life and we may not be able to see it.When you are really that minding about passing those coins for inheritance in case you die then it isn't bad to make or put it up into some will incase you pass away plus having those set of instructions on how to access it out. If we leave the coin as an inheritance, we can teach them how to use it properly and as long as we are alive, they will surely learn a valuable lesson from us. So if we are dead, they will have no trouble because we have taught them a lot of lessons and they can also look for lessons on the internet. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: JahriMeayer on February 23, 2022, 09:43:12 PM We don't know about future, whether such technology will come or not. Bitcoin might have touch million of dollars or more but i don't think any of us could alive for next 100 years. rent out the safe box at bank, also bad ideas cause 99.99% chance that you were unable to get back and your assets would have gone forever. so its good idea to think and plan about bitcoin for now. But why need 100 years? I think After 10 years of holding bitcoin, also could give you satisfactory return IMHO
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: nur rochid on February 24, 2022, 05:53:16 AM We don't know about future, whether such technology will come or not. Bitcoin might have touch million of dollars or more but i don't think any of us could alive for next 100 years. rent out the safe box at bank, also bad ideas cause 99.99% chance that you were unable to get back and your assets would have gone forever. so its good idea to think and plan about bitcoin for now. But why need 100 years? I think After 10 years of holding bitcoin, also could give you satisfactory return IMHO for me it is not good if we always hold all the bitcoins that we have for 100 years, of course while we are still alive and have a satisfactory profit why don't we diversify some of our results into other assets, and of course we deserve to use it for the welfare of our lives and leave some bitcoin for our children and grandchildren, if our lives are considered sufficient Title: Re: Hypothetically keeping your bitcoin when you die? Post by: doomloop on February 24, 2022, 07:49:11 AM Freeze ourselves? Hm, your imagination is too high. But if that is opportunity comes to me, I think I will hide my btc, including my private keys that only I knows the place and I will not let other people know about that. Maybe I will give some amount to my family and let them use it for their benefit. Besides that, I will give them an envelope with a letter inside that envelope as my legacy that they must give to their children and grandchildren so when I wake up again in the next 100 years, they can give that letter to me. I think a paper will be rare at that time, so they must take care of it. First you must ask your self if you believe on this. If yes then you shouldn't wait for this to happen because no one will give you a warning if when will it happen but you should start separating a btc now and keep the keys in the place that you desire and this place should still be access even in the future.I think this part is a little bit tricky. Because, you wont know maybe your own house can get destroyed but I think it safe to keep the keys in an underground spot because your sure that one will find that out. This will only be sad when you know that your the only one that is alive but your parents and your siblings wont resurrect anymore. It will still be hard for you to enjoy your btc. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: pieppiep on February 24, 2022, 10:19:19 AM First you must ask your self if you believe on this. If yes then you shouldn't wait for this to happen because no one will give you a warning if when will it happen but you should start separating a btc now and keep the keys in the place that you desire and this place should still be access even in the future. Between believing and not believing but in my heart, there is a possibility that it could happen in the future because I see there have been a lot of technological developments that we have seen so far. So we can prepare what is necessary, including saving the key and giving some of the btc as an inheritance to our children and grandchildren later.I think this part is a little bit tricky. Because, you wont know maybe your own house can get destroyed but I think it safe to keep the keys in an underground spot because your sure that one will find that out. This will only be sad when you know that your the only one that is alive but your parents and your siblings wont resurrect anymore. It will still be hard for you to enjoy your btc. There is a possibility that the house we live in will be destroyed. But hopefully, our place for hibernation will not destroy because maybe it will receive facilities from the local government or we have prepared a separate place from the crowd. Yes, maybe we will feel sad to see there are no more people we know but with our children and grandchildren, at least it can cheer us up to enjoy a second chance. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: arwin100 on February 24, 2022, 10:25:24 AM In this case make sure that there are people who knows about what you are doing on internet and allow people who's near you like your wife,mother or as you said your child that you have bitcoin investment and the seedphrase is at your computer or wherever you stored it then use it in times of emergency. From this you can assure that your balances will be used for good and will not left dead the same as you.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: pinggoki on February 24, 2022, 10:26:03 AM We don't know about future, whether such technology will come or not. Bitcoin might have touch million of dollars or more but i don't think any of us could alive for next 100 years. rent out the safe box at bank, also bad ideas cause 99.99% chance that you were unable to get back and your assets would have gone forever. so its good idea to think and plan about bitcoin for now. But why need 100 years? I think After 10 years of holding bitcoin, also could give you satisfactory return IMHO That 10 years is still a speculation though, I think that we have to eventually branch out in all those 10 years instead of just relying on bitcoin because as I've said, it's speculation and we don't know which way bitcoin will go, will it go up, will it go down or will it plateau. I think that it's the least of my problem when I die, maybe by that time, I would have everything set to be inherited by the next of kin.Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Chato1977 on February 24, 2022, 11:26:24 AM I will never be stupid to be one , because why would i ever risk my bitcoin in something with no assurance when my family is getting hungry? i would rather give them the Bitcoin and let them spend as i work for it harder.
never do this experiment because you'll never know what would happen in the future. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: pawanjain on February 24, 2022, 03:42:02 PM Speaking hypothetically even if consider humans have learnt how to bring back people from frozen state who would be there to pay the expense of getting you unfrozen ?
Even if someone paid the bills for that and gets you unfrozen what are the chances that you will survive well or will remember everything What if bitcoin failed terribly and people have even forgot about it ? Even then if we consider everything goes well, may be being a billionaire is not such bug deal in future since people will start earning more and spending more. Even after that may be you become the wealthiest person what if someone steals your money or gets you killed for it. There are too many hypothetical situations that can occur. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: redsun114 on February 25, 2022, 05:26:37 AM Lol, that question makes you seem like you’re holding on too much to this life. Just let it go. This life is once, leave people who feel they can be revived to live a second life on this earth to wander in their delusional thoughts. A man has a soul and once you’re dead, your soul is gone from this world, to another dimension, for good and no amount of technology is bringing that soul, which is your true self, back into this body.
So, my advice would be to live the best life you can, enjoy, make the best life for your children and your generation to come, and also for those around you. Even if there is a chance that your body would given another by technology in the future, trust me, it is not going to be you in that body, but something else. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: noormcs5 on February 25, 2022, 05:46:22 AM We don't know how much technology will be advanced in the future but bringing back the dead one's seems only fictional to me and will not be possible.So this is your thoughts only and why are you assuming to be immortal? You can spend your btc within few years and live life happily and in good manner.So why have the wish for next few hundred years or maybe btc won't be there so what will you do at that time? Enjoy the things at the time and rest we can't say what will happen in future. This is just like a fairy tale where humans can be frozen and/or become alive after death. We are not superman, spiderman or other movie characters. I understand when people see such types of movies, they daydream of becoming such heros which is not possible. The fact of life is that you have only 50-80 years of life and you need to spend your bitcoin within this period. No point in keeping them unless you want to gift them to your family. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: savetheFORUM on February 25, 2022, 12:18:06 PM We don't know about future, whether such technology will come or not. Bitcoin might have touch million of dollars or more but i don't think any of us could alive for next 100 years. rent out the safe box at bank, also bad ideas cause 99.99% chance that you were unable to get back and your assets would have gone forever. so its good idea to think and plan about bitcoin for now. But why need 100 years? I think After 10 years of holding bitcoin, also could give you satisfactory return IMHO That 10 years is still a speculation though, I think that we have to eventually branch out in all those 10 years instead of just relying on bitcoin because as I've said, it's speculation and we don't know which way bitcoin will go, will it go up, will it go down or will it plateau. I think that it's the least of my problem when I die, maybe by that time, I would have everything set to be inherited by the next of kin.Before I started investing in Bitcoin I have been into interior decoration for some years, although Bitcoin was able to make me a lot of money, that didn’t stop me from doing what I was doing before, rather I used the money made through Bitcoin to invest in my business and made it bigger, now I’ve been making more money from my Business and that has been able to sustain me more than enough, even now that Bitcoin has been bearish. So, it’s good to invest in our business. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: asus09 on February 25, 2022, 12:56:27 PM I would rather prefer spending all the money during my natural life than holding any amount to spend after 100 years. You will never be able to have a normal life after being absent for 100 years. I totally agree with all of your reviews, we don't need to keep all the bitcoins we have until we die, what we need to do is bequeath bitcoins to people we love, don't imagine bitcoins for our death, while we are still alive buy what you need ,it's better than us saving bitcoins until we die..Does it make sense for you that someone try to find an answer for such an imaginary scene? Title: Re: Hypothetically keeping your bitcoin when you die? Post by: Marykeller on February 25, 2022, 01:06:38 PM This is the exert thing that most politicians normally do. Saving up much wealth for the next generation, which they will not see or know. Nobody knows whether their next generation will utilize the wealth kept for them well when they are gone.
It's possible that bitcoin may or may not be in existence by then. Trade your bitcoin when you are alive not when you're gone cos it can't be recover Title: Re: Hypothetically keeping your bitcoin when you die? Post by: pinggoki on February 25, 2022, 01:16:14 PM That 10 years is still a speculation though, I think that we have to eventually branch out in all those 10 years instead of just relying on bitcoin because as I've said, it's speculation and we don't know which way bitcoin will go, will it go up, will it go down or will it plateau. I think that it's the least of my problem when I die, maybe by that time, I would have everything set to be inherited by the next of kin. Thank you for making that point. Some of us here think that Bitcoin is the only thing that they should be doing, and once they are making profit from it, it is not enough, but that is not right. I invest and trade Bitcoin and other altcoins in the market, but that doesn’t mean I am just stuck to this, I have other Businesses that I am doing.Before I started investing in Bitcoin I have been into interior decoration for some years, although Bitcoin was able to make me a lot of money, that didn’t stop me from doing what I was doing before, rather I used the money made through Bitcoin to invest in my business and made it bigger, now I’ve been making more money from my Business and that has been able to sustain me more than enough, even now that Bitcoin has been bearish. So, it’s good to invest in our business. Title: Re: Hypothetically keeping your bitcoin when you die? Post by: ChiBitCTy on February 25, 2022, 01:45:23 PM Well we will have have to ask Hal Finney when he wakes up from his cryogenically frozen state, how he went about storing his bitcoin. Hal being the first person to ever receive a transaction from satoshi obviously makes him a prime suspect for being Satoshi and then having his head frozen, maybe that huge wallet is his just sitting and waiting for him.
Title: Re: Hypothetically keeping your bitcoin when you die? Post by: _Miracle on February 28, 2022, 05:46:19 AM Well we will have have to ask Hal Finney when he wakes up from his cryogenically frozen state, how he went about storing his bitcoin. Hal being the first person to ever receive a transaction from satoshi obviously makes him a prime suspect for being Satoshi and then having his head frozen, maybe that huge wallet is his just sitting and waiting for him. I would +10 that if I could ;-) |