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Author Topic: If I die can someone achieve my btc.  (Read 691 times)
Rkss4
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April 27, 2021, 08:44:22 AM
 #81

This is only possible if you pass on the security system and password of your cryptocurrency wallet to your relatives.  And the device you left behind will pass through to your loved ones who may get your lost or left bitcoins after your death.

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airdata
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April 27, 2021, 11:52:20 AM
 #82

Hello friend, i read all Reply of your topic and i see that many people said that why your wife asked this type question. They understand a Negative meaning of your topic. But i think that really your wife asked a important question. And as my opinion we can share our all details with our Trusted Family member, i think it is very Important.           

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btc-room101
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April 27, 2021, 12:10:44 PM
Last edit: April 27, 2021, 02:26:02 PM by mprep
 #83

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.

I'm going to guess access & achieved have the same meaning on this planet-crypto.

Let's see non-english speaker, goes shopping, purchases diapers&depends for the family ( note the Freudian here, shit covers traded for shit-coin ) with BITCOIN, during a time that $1 transactions cost $150 fees. He does the transaction in normal time and vendor let's him walk out the door instantly.

She didn't just buy a bag of pampers, she bought out the entire market, 1,000's of boxes of pampers an entire Shipping Container.

It was all easier & faster than what ? Cash? or Gold Coins?

When he got home  from shopping, she  'the wife' decided BTC had utility. Funny, why hadn't he given all his money as dowry prior to the wedding?? What else is this guy holding back??

With name Ebede we're too assume that he's Iranian or Persian, and they gladly accept bitcoin at his local bazaar.

...


So if he dies, what does he achieve with his bitcoin? A 1,000 virgin boxes of pampers in heaven await him.



This is only possible if you pass on the security system and password of your cryptocurrency wallet to your relatives.  And the device you left behind will pass through to your loved ones who may get your lost or left bitcoins after your death.

Its an asset, they have wills, they have sealed wills with last directions. They have fairly honest estate planners all over the earth, quite simple to have the private-key cut in 1/2 and two partys hold each 1/2, to only be delivered at death, ... lots of ways to do this.

Normal stuff, hell most of it would get collected by GOV, as an estate; they could find the priv-keys, especially if the wife tells the GOV 'he had crypto', they know where to look.
Most important is GOV knows what to look for, while the wife doesn't.

Like people here say, if you trust your wife, then just like a 'joint account' you teach her today how to trade btc and run your accounts.

The problem of course is how many 'trust their wives', or worse how many have wives that will sit through the lessons? Let's remember that it took us a long time to figure out BTC, given that its 99% criminals, giving out free-software.

IMHO U want a crypto wife, u marry one.

Then there is the real problem, everybody I know that has 'told his wife about all is assets' are guys who lost all their assets in a divorce, the only people I know who have held on to their assets are people who didn't tell anybody about their assets.

There's a good scene from that prison movie 'shawshank redemption' "Do U trust your wife"? It's a difficult question, the prison warden did't trust his wife, the man whose wife was murdered had trusted his wife, I think the guy in prison char, is a rare bird.

The entire nature of Crypto is for people who don't trust anybody, but then funny they trust the Nigerian scammer Smiley

[moderator's note: consecutive posts merged]
Kayum10029
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April 27, 2021, 12:27:23 PM
 #84

If you have a guy of your own or you have a girlfriend, he will be able to use your bitcoin if you give him all the bitcoin devices you left in the moment before he dies.  Also, if you leave all your documents in a notebook, then of course someone can recover them.

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April 27, 2021, 12:37:20 PM
 #85

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
Sad to hear that Your wife is much concern about your Bitcoin than your life  Huh how can She even ask that straight in your face?
and have not you dare to explain Bitcoin for her in long time? imagine that you are already Married yet She knows nothing about bitcoin ? are you just making some story here and nothing is truthful?
because considering that you are already married you should have explained to her what is bitcoin and how you accumulate them.

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April 28, 2021, 06:41:28 PM
 #86

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
Alright, I understand that this is an important question for anyone to ask themselves when it’s something that has to do with owning assets and money, but why would your wife be asking such a question on whether she can inherit your bitcoin or your money in your account?

Anyway, that aside, nobody can inherit your bitcoin if they don’t know the password, and also have the safe keys that are used to backup your wallet. That’s why a lot of people don’t like giving out access to their bitcoins, because they are afraid that someone might access it, especially in a family where there is no trust. But, if you can trust your family or your wife, then there is nothing bad about letting her know about it. That’s the only way anyone can take over it, or maybe you can write it down in your will and keep it with your lawyer.
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April 28, 2021, 07:02:22 PM
 #87

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
Yes she could if you would tell her all of the important details like password and emails and which site you use for trades.
I have it all written down so if anything happens they would know how to convert it into cash.
But for me it is better to teach them now so both of you would have more things to talk too and common interests.

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April 28, 2021, 07:09:11 PM
 #88

Well that's very interesting topic i have ever seen. People trust bank because when they stored money on bank they ask for nominee. If the user die then bank contact with nominee and give him money. But in bitcoin has not this feature because it is secure and mute. If the users didn't tell anyone about this and didn't give access of his account then bitcoin can't call his family to use him. Well thats why we should inform our family member about our holding where i hold and how to get access on that. And they will get the access id if i died. So truely this topic tooks my heart thanks for this concerned topic.
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April 28, 2021, 07:10:53 PM
 #89

If you have a guy of your own or you have a girlfriend, he will be able to use your bitcoin if you give him all the bitcoin devices you left in the moment before he dies.  Also, if you leave all your documents in a notebook, then of course someone can recover them.

So what I have realized here was it is bwtter that you have someone that you are trusted like friends and most especially your family memeber that could understand more about bitcoin and cryptocurrency and shared your passwords, the keys or private accounts so even if some unexpected accidents happen the bitcoin that you have earned will be left on someone you loved.

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.

I love the thought that we can now enjoy the service of paying your groceries over the counter and without the worries of needing to convert your bitcoin into fiat right.

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April 29, 2021, 03:45:05 AM
 #90

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
Sad to hear that Your wife is much concern about your Bitcoin than your life  Huh how can She even ask that straight in your face?
and have not you dare to explain Bitcoin for her in long time? imagine that you are already Married yet She knows nothing about bitcoin ? are you just making some story here and nothing is truthful?
because considering that you are already married you should have explained to her what is bitcoin and how you accumulate them.
So that could also be part of the Issue, maybe she doesn't know any thing about Bitcoin and is fascinated by the transaction because obviously the OP said "His wife" which on the other hand should have a good idea what Bitcoin is cos I know my wife does even if she doesn't really understand the total operation. The bottom line to me is, if you understand that she means no harm, get her informed cos you dont want to loss your bitcoin if death happens but if not, you still need to have a trusted person to recover then.
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April 29, 2021, 07:33:52 AM
 #91

Whoever has the key to your wallet, technically the bitcoins belong to then lmfao, so in that case you might wanna share with your wife that info or the backup phrase of your wallet so she can get those funds, however for exchanges I think legal nominee will inherit your amount in case of your death and they will get it in form of cash in think which will be provided by selling your crypto.
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April 29, 2021, 07:47:07 AM
 #92

buy hardware wallet for big money and using mobile wallet like trustwallet or safepal for daily transaction and tell your wife how to using it
Yeah, a hardware wallet is the best wallet if you are holding a huge amount of bitcoin, a wallet that doesn't need to connect internet are not prone of getting hacked, just make sure that your wife has knowledge on using it, it will be nonsense if she doesn't have any idea about it, she may get fooled if she is going to ask for help for other people.

and make sure your wife not cheating on you and spend you hard earned bitcoin with other guy  Cheesy
True, based on what the OP said, it seems like her wife is weird, it is not normal to ask that question in front of your partner, that is very inappropriate, asking about "what if you die" is really weird.

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April 29, 2021, 08:10:44 AM
 #93

Whoever has the key to your wallet, technically the bitcoins belong to then lmfao, so in that case you might wanna share with your wife that info or the backup phrase of your wallet so she can get those funds, however for exchanges I think legal nominee will inherit your amount in case of your death and they will get it in form of cash in think which will be provided by selling your crypto.
Or better yet, your significant other create their own wallet, I wouldn't recommend sharing wallet with your SO especially if you are just a new couple or you are living for not a long time now because there is a high chance of betrayal and knowing how there is an epidemic of gold diggers around the world, you will never know if you got the right person or a gold digger one. I sugges putting the private key and other necessary things to access the wallet on a paper and put it in a lockbox or include it in your will.
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April 29, 2021, 08:17:55 AM
 #94

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
Sad to hear that Your wife is much concern about your Bitcoin than your life  Huh how can She even ask that straight in your face?
and have not you dare to explain Bitcoin for her in long time? imagine that you are already Married yet She knows nothing about bitcoin ? are you just making some story here and nothing is truthful?
because considering that you are already married you should have explained to her what is bitcoin and how you accumulate them.
So that could also be part of the Issue, maybe she doesn't know any thing about Bitcoin and is fascinated by the transaction because obviously the OP said "His wife" which on the other hand should have a good idea what Bitcoin is cos I know my wife does even if she doesn't really understand the total operation. The bottom line to me is, if you understand that she means no harm, get her informed cos you dont want to loss your bitcoin if death happens but if not, you still need to have a trusted person to recover then.
There are husbands who doesnt really trust up their wife when in terms to finances or the money that they've been saving up on their own.Im not saying that they dont totally trust their wives

but there are ones who do like to have their individual money that isnt been known by their wives because i do usually have that kind of behavior because i know if my wife

do knows on what im holding and how much it is then tendency that it would really be spent out for some house expenses and other things that she likes which do
sucks so its understandable that why some men doesnt really trust up their wives.You can tell them about your holdings neither to be on the way of some
last will or something like that.

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April 29, 2021, 08:59:41 AM
 #95

I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When  we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
maybe you can try to save btc on a hardware device like nano ledger so you can feel safe in storing btc. take a little part when going to transact using BTC is more interesting

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