What happens to your Bitcoin when you Die?

[Adine.lablab]

If ever i die i would tell to my love ones about it and i will give my password so they could open my account and get my bitcoin...and i will teach them how to manage my account..

[bbjay]

I usually inform my next of kin the necessary information he need to know about me. So my bitcoin shall be controlled by my husband who is my next of kin whenever I die. Him alone has access to everything that concern me.

[mondobitcoin]

The question is like: What happens to your money/things when you die?
I don't think that is it a smart question, but nothing...
Maybe when we die, bitcoin will be replaced by another currency...
Best thing to do: write to your parents/family the private keys and instructions for withdrawal, and hope that nobody find this paper before your death

[X2PR8888]

I agree with everyone here. It really depends on how many bitcoins you have because if you have a lot and you know that it can be good for your loved ones, go ahead and include it in your will or make sure that before you take your last breath (that is if you die under normal circumstances), pass on the valuable message to your spouse or children.  Just make sure that whoever gou are passing that info to can be trusted enough to distribute the money evenly and accordingly.  Otherwise though, if you do not have so much and you are ok doing away with it then just let it stay in there, earning or losing its value depending on the market without so much as a concern on it ever being able to be used by somebody else. This is sad but that could happen.

[absy]

if i die i think bitcoin still there but no body  can open and claim my account.

Then its just waste of precious BTC Its not only a loss for your family but also for bitcoin community unless you hold very small amount of BTC .
I will make sure my family members know how to use my BTC account very soon so that atleast they can use whatever is left.

[Ossywhyse2]

Woooow...I never thought of this before now. This is a clarion call to ensure that our loved ones get acquainted with the crypto world.

[heureca]

Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...

Yeah, it is good question. It will be better to take access to your wife/husband to avoid this situation so it is nice idea

[thesmallgod]

this is a very good discussion and i will like to see different person opinion on this subject of matter. however, i think it is better for everyone to know that bitcoin is an asset. just like cars, houses and money. so how do you intend to plan how you want your asset to be when you die?. just the way you write will then your money in your btc wallet should be included in your will as well. your will may consist your private key which must be known by only you and your lawyer. just my own view.

[cryptolerant]

If ever i die i would tell to my love ones about it and i will give my password so they could open my account and get my bitcoin...and i will teach them how to manage my account..

This is very important topic actually. we should teach our beloved how to use bitcoins if something happens to us. otherwise everything will go to trash.

[Stanlymaker]

I have long thought of what will happen to my savings after death. I'm going to save the data of my wallets and other things, and deposit it in the bank. In advance, I will teach my children and relatives how to use crypto-currency. Therefore, I can be calm for my family. 

[OuterTech]

LOL. Maybe I'll sell it all before I die then give all the money for my family asap ). But maybe I can teach my family member about how to use it then give them all the information about the wallet I'm using to keep my Bitcoin before I passed away. LOL. But I'm still very young at the moment so I think I'll think about this later, maybe in next 50 years. LOL

[MWesterweele]

If ever i die i would tell to my love ones about it and i will give my password so they could open my account and get my bitcoin...and i will teach them how to manage my account..

When i started to use bitcoin, i think that when something happen to me, what will happen to my savings, so i make plan i write my account and password in notebook then, i tell to my mom and my sister about it. And i talk to my sister to try bitcoin and use my account, so both of us is earning.

[gulshan1]

Any body who have bitcoin then he must to make some detail in which he has to define the website name, login id system , all security criteria, where it can sell  how can transfer from here to another wallet, password etc. And after that detail should have your trusted family member because after you that detail will help to withdraw your bitcoin and that bitcoin will become usable.

[Oulay]

I'm still too young and not gonna die anytime soon :-p
Anyway I'm not storing my bitcoin in any hard to reach way so my heirs would find the private keys when they search my staff after I die :3

[shata]

Well, it will be sent to my children or relatives, I guess 

Well i guess that they will also transfer it in their accounts. I already taught them on what's inside the bitcoin world, on how to earn and grain profits from my capital. I would also want to sell it first before i die. And i know that they will cash it out in able for them to be comfortable and relaxed for the money that need to spent in my burial. Maybe some of them will invest but i know that they will get the balance of my account and they will transfer it to their own accounts.

[Xester]

Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...

No I did not even tell my mom that I have bitcoin and that I earned through it.  Maybe now that it was brought up I am thinking if I could teach my niece or nephew to use bitcoin.  I will likewise teach them my pasword or even my email address.  My special someone already knows about bitcoin and he likewise have an account.

[Mumbeeptind1963]

If ever i die i would tell to my love ones about it and i will give my password so they could open my account and get my bitcoin...and i will teach them how to manage my account..

I dont know maybe i will think about it, or maybe soon i will teach my siblings about bitcoin and i will give my some account to them. Also it can help to them to have extra income when they manage my accounts. Or else i will store my coin and tell to my parent my password and tell them about it.

[lusiaga]

Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...

bitcoin and all your cryptocurrency funds will also die and follow you, because no one will be able to access your wallet without knowing your password or private key wallet. it is important for us to tell your grandchildren or heirs so that later if you die then the funds you save can be utilized them as well.

[bigmaster23]

It depends on case to case basis scenarios like for example your family or in my case I still don't have children but if that happens I will burden all my btc with me than knowing of my child what I am really doing when I'm still alive I can't accept the fact that they will know about bitcoin but if they know it someday on their own I will teach everything I know about this

[Nefarious]

I've written instructions for my wife on how to use & access my hardware wallet in case she ever needed to. It's a bit morbid to think about but it's always a good idea to give a trusted love one the ability to access your crypto in case of any unfortunate circumstances.