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Author Topic: What happens to your Bitcoin when you Die?  (Read 5080 times)
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December 03, 2017, 06:27:36 PM
 #181

There are options to ensure your coins live on. You could keep your private keys in a safety deposit box and arrange for a beneficiary to get a copy of your key upon your death.
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December 03, 2017, 06:34:02 PM
 #182

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...

We'll it's a tough question. My partner knows all my access. My accounts, my passwords and my gmail accounts. So whatever happens, I have an assurance that my earnings will go to a good hand. I won't have any doubt because my partner knows how hard it is for me to earn bitcoins. I am actually saving it for their future.

 
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December 03, 2017, 08:03:15 PM
 #183

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...
Most people will have their coins sitting in their wallet when the die. I am not sure what i'd do with mines.

 
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December 03, 2017, 08:44:23 PM
 #184

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?
I have given some of my family to my wallet's address. If I die in some way then they may spend the family with my bitcoin. Humans are just mortal. So how do I get my bitcoin after I die? And what will I do with bitcoin after death? So it has been arranged that it is useful.
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December 03, 2017, 08:49:43 PM
 #185

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...
Most coins are all locked into their wallet folders and can't get spent when the holder dies. There will be a bunch of burnt coins.

 
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December 03, 2017, 08:53:49 PM
 #186

There are options to ensure your coins live on. You could keep your private keys in a safety deposit box and arrange for a beneficiary to get a copy of your key upon your death.
That's the important thing to do or else you would be having a lot of bitcoins and it is going to be forever lost to everyone including your family you may really need it when you are gone. Measures should be put in place by everyone to prevent their bitcoin from getting lost.

 
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December 03, 2017, 08:57:35 PM
 #187

My husband and I know together everything we need to access the bitcoins if one of us dies. Our children are small now but if God has patience with us, we will teach them too. They will need no matter if we, as parents, live or die.
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December 03, 2017, 08:58:03 PM
 #188

I already thought about it. In fact, I would like to have the opportunity in the future to configure the automatic transfer of bitcoin to the accounts of relatives. And this is quite a serious moment

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December 03, 2017, 09:28:25 PM
 #189

perhaps you should think of a hardware wallet and take things up from there.
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December 04, 2017, 05:27:32 AM
 #190

your bitcoin is still your are if you are died, you can also make for them next of can so that you share your account password with your love's one. your family can use your bitcoin if you told them a single password only. if you does not give them your password your bitcoin will still your till the end of the world.
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December 04, 2017, 05:33:47 AM
 #191

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...
for now my mom and dad didnt yet know about bitcoins  i already teached bitcoin to my sister just incase Smiley  and i hope that it wont happen because i want to earn more btc for my future and i want to get a happy family soon Smiley but if i die i will give all my password to my sister . Cheesy
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December 04, 2017, 09:01:39 AM
 #192

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...

What happen to my bitcoin? It will stay on the wallet of course, it wont go anywhere if i die.
But, i will let my family use it, if that happen to me, like my wife or my children. For me, i will make a letter about an instruction to open my wallet to person i pick. Which i trust the most.
But the letter must be given and opened when i die, not when im around.
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December 04, 2017, 10:15:04 AM
 #193

I'm glad that I have such a relationship with loved ones, that I know that they will not betray me...therefore I will share all the passwords during my life so that on occasion they can use all the money
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December 04, 2017, 12:26:08 PM
 #194

i can say if we die without noting any documents about our bitcoin, surely bitcoin will die with us, bitcoin has a very powerful security that not all of us can access without our private key, if we didn't note our private key in computer or paper, no one would know or if they knew, they wont be able to access your wallet.
Simply bitcoin will stay in the wallet and no one can access that coin forever and the best thing is to share private key with someone whom you trust more and is in blood relation and will not do anything wrong, this act will give you inner peace that after you your loved ones will not suffer and they have a best financial support and they manage their expenses burden by using bitcoin in the righteous way to bear it.
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December 04, 2017, 12:42:34 PM
 #195

Actually i hate thinking about that, the time i die.
I'm still young, and even though i know death will come anytime, i prefer not thinking about that.
But my brother already think that though, he said that his bitcoin will be mine if he dead, and i hate that kind of talk because i feel it's nonsense.
Maybe if i death, my bitcoin will be my brother's. Because he's the only one in my family who understand about bitcoin.

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December 04, 2017, 12:44:50 PM
 #196

As long as you pass on details of your crypto currencies to a trusted person or details with a will you should be ok but if you do not they will be lost forever.

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December 04, 2017, 12:50:57 PM
 #197

Yes cause my wife and i are one..so my resources is her also,but i don't wanna die at early cause bitcoin makes me think about prosperity..
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December 04, 2017, 03:12:43 PM
 #198

When i die, my bitcoins will be going to be used by my family members because they are the one who knows what are my passwords and the other data that i input in my little notebook. I already prepared for worst case scenarios and i already teach them on how to get the money from bitcoin by converting it so they can use it in the future for some money matters.
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December 04, 2017, 03:20:51 PM
 #199

Having invested in Bitcoins and not your family knowing about them is just hiding treasure in a forest.I think if I have considerable bitcoins invested,I will atleast put them all in a paper wallet and print the keys and retrieval info  ,laminate them and keep along with all my important documents  and make your family members aware about it.

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December 04, 2017, 03:28:22 PM
 #200

In case I will not die suddenly, I will prepare my private keys for my relatives, maybe everyone'll know how to use it on that time
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