finaleshot2016
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July 03, 2020, 09:38:49 PM |
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It's a good idea, we really don't know when we will die. I guess I'll save it on a flash drive and keep those on a safety vault. If someone in my family used that flash drive, there will be a note that will show the step-by-step process of accessing my wallet. Definitely it will gonna be a spoonfeeding note so they can easily access those BTC that I've earned. If they want to continue the legacy in cryptocurrency, I'll definitely create a different note about it. All of my passwords in certain devices like PC and smartphone are included there but not social media accounts.
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Kelvinid
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July 04, 2020, 12:05:54 AM |
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I keep the records of all the keys and passwords since from the start but I'd never tell anyone about it. Maybe it is a time that I need to inform them about it and how to access it through phone or laptop/PC and let them aware what of I actually doing for many years. Letting them a chance to access it personally will help them fully understand and they also know what they have to do once we are gone. It gonna be thinking about a bad end but nobody knows ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Only we have to be sure that our families who left behind can benefit from it.
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kayvie
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July 04, 2020, 01:09:19 AM |
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3 - Google Drive, Docs or Sheets
By using this one, all the information of my wallet was saved in my google drive, since there is someone from my family who knows my account. I already discussed this because I also think the same thing before. Luckily, I have someone who I can really put my trust that's why I am confident to trust my google drive to her.
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Wexnident
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July 04, 2020, 02:12:18 AM |
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Probably something similar to a time-limited storage or something? Placed somewhere pretty secure where details about it would be sent to my family every 3-4 months after my Death I suppose. To activate it, I'd probably ask my family to open a certain program and tell them that I already died or something. Specifics are pretty difficult to explain since I really haven't learned that much when it comes to such things, but death still seems pretty far from me so I still have plenty of time.
That, or I could just retire the heck out of a stressful life, give them my wallet and let them do anything about it BEFORE I die, and let them manage my balance so I don't have a problem anymore. It's like I'm making them inherit my stuff even before I die, is that allowed?
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R |
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KrisAlex18
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July 04, 2020, 03:04:02 AM |
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How sure you that your family will know that your wallet information is in the specific places if you'll get die(I am not saying that you will die, it's just an example), there is no assurance that your family will know it once get die 100%. So I will not do this thing, I will tell them my wallet information while we are living so whatever happens on me, there would be no problem because they already know about it, if you really love your family and if you really believe them you will no doubt give your information, they are your family, you work for them. I haven't seen any topic about this before, since @joniboini mentioned these things, OP, you may lock your topic.
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Lorence.xD
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July 04, 2020, 03:53:45 AM |
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3 - Google Drive, Docs or Sheets
By using this one, all the information of my wallet was saved in my google drive, since there is someone from my family who knows my account. I already discussed this because I also think the same thing before. Luckily, I have someone who I can really put my trust that's why I am confident to trust my google drive to her. This is feasible but I do not think that this is the most optimal way of safekeeping your crypto details, you can put it in your will and testament when you want, it is not that you do not trust your family member but they might slip and accidentally show it to other people and it will be regarded with malicious interest.
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MCobian
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July 04, 2020, 05:11:40 AM |
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The most common way to inherit Bitcoin to your loved ones through a Notebook, but not least use the old way to inherit Bitcoin by writing in the letters. I store everything important about my life on an external hard disk, including the Bitcoin that I have. So if the person I love open the hard drive can get the legacy of the Bitcoin that I have collected so far.
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davis196
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July 04, 2020, 11:37:47 AM |
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This topic has been discusses 1000 times already.Are you really so impatient about dying? I won't inherit Bitcoin to my loved ones,because: 1.I don't have that much "loved ones". 2.They aren't as tech savvy as me and they don't know anything about Bitcoin and altcoins. You should exclude option 3 "Google Drive,docs and sheets".Who the hell would leave his private keys in Google Drive?What if your Google account gets hacked?
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minairia3
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July 04, 2020, 02:27:42 PM |
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The most common way to inherit Bitcoin to your loved ones through a Notebook, but not least use the old way to inherit Bitcoin by writing in the letters. I store everything important about my life on an external hard disk, including the Bitcoin that I have. So if the person I love open the hard drive can get the legacy of the Bitcoin that I have collected so far.
Actually if written key phrase such as bip39 its okay but how about the private keys? That arent using those letter format? It would be hard to write barehand cause chances that you writr a wrong letter or number is high. I think since we are in digital modern days now, I can used digital copy or save files that are not connected into internet like pen drive. I did not think about it actually but this must be prioritize sooner or later, cause we dont know what will happen we dont know and in just any cases that we are not ready for this incident.
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mace15
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July 04, 2020, 03:19:40 PM |
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Actually I'm not thinking these things yet, but I'm into taking notes all of my assets in crypto. Since my family are not techy savvy this is the best and easiest to them to understand about crypto. About saving in google sheet it is risky in my view so taking notes is safe instead.
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kryptqnick
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July 04, 2020, 03:36:34 PM |
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Last night, I was “advance thinking” in saving all of my passwords, private keys, seed phrases, etc., in case something happens bad to me later on. Lol I’m not saying that I’m dying or so. It’s just that I want to make sure that I would not leave my family empty handed later on if circumstances would arrive to me either by health deterioration, accident, etc. I want them to enjoy later on what I have left for them (just in case something bad happens to me because life is so unpredictable).
If you want to inherit your Bitcoin and other cryptocurrencies to your loved ones, which one of these would be your best option to save your confidential information?
1 - Notebook or journal 2 - TXT or doc file to be saved in USB or external hard drive (especially keystore files) 3 - Google Drive, Docs or Sheets 4 - Others (please specify)
I was also thinking of leaving a fingerprint for my phones to be unlocked for those Bitcoin wallet apps and exchanges that I have enabled 2FA and Google Authenticator. It’s also not safe for me to save all of them in my dummy e-mail as draft, so I was going to transfer all of them on a much-secured option. Mobile phone is also not an ideal option for me as well, because there’s one time that it forced me to factory reset and I almost lost my seed phrases that I took screenshot using that phone (good thing I enabled Google backup back then).
I would love to hear out your responses to this one guys. Thanks!
I use Telegram for private data. Maybe it's not very safe, idk, but it seems that it's considered quite safe. My spouse has access to information required to open my BTC wallet, so in case of my sudden death he'd be able to access it in Telegram. Some people feel like they don't want to give access to their wallets to their close people until they actually die, but I don't understand why a person would leave someone something as inheritance if this person clearly does not trust the close ones while being alive. Anyway, there are some smart ways of postponing the day the money becomes accessible (LoyceV's thread is dedicated to one such solution)
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oriontab
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July 04, 2020, 03:44:58 PM |
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Your best best is to take everything offline, get a good hardwallet to store your bitcoins (and other altcoins) and securedly keep the wardwallet in a family vault or other secured vault. Someday, bitcoin will be worth a fortune
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lumeire
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July 04, 2020, 04:17:38 PM |
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I will teach them about bitcoin, cryptocurrencies and defi from early years of their life and also tell the benefits of Crypto over fiat as well. But i will keep most of my Bitcoins a secret from them and I will tell my wife and my lawyer on how to retrieve those bitcoins, if in case of my sudden demise they can redeem those bitcoins. Also will be saving a copy of the private key in my bank locker it being the safest place in the world that I know of.
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