What happens to your Bitcoin when you Die?

[TrumpD]

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...

There are a lot of bitcoins that is not circulating in the market due to some owners that lost their password or maybe some other just die on a natural cause. This is the reason why some of the coins are going to waste.

This is very possible by all means, especially the lost passwords/keys. If this is correct isn't that a positive thing for the coin; it it would "appear" that there is still faith in the coin. When people dump/sell, the "idea" is that no faith in the coin, when people "hold" it is the opposite. So this unintentional holding could be positive in a way. So they are not really going to waste, the are helping out some how, have a role to play.

In terms of passing on after death. It is simple safe deposit box with a bank or trusted financial institution with all needed information to access the coins. State in will that there are some assets in xyz location.

[Cofee mix]

If I die maybe all the bitcoin I have will be taken over by my children or my brother because I have taught all the things about bitcoin to my children and my siblings.
It is true that we should teach our children if any time we die so bitcoin that we have will not be lost and will be useful for our children in the future.

[kyle999]

Of course, when it's time for a child, it's important to put your trust in your brother or your family because it's time to get you out of the world.
And you lose your money wherever it is set to sure it's going to get it and it's just a shame when you get into it.

[Andria123]

well maybe someone to my close family i tell them my private key to continue my bitcoin before i die,i will teach them how to participate or used the bitcoin properly,its not easy as that if the  person you teach is not interested,but i will do my best to exfoliate them to have interest in bitcoin,and they will know how to earn even im not there around

[bhabygrim]

I talk to them about bitcoin and some of my family members knows how to access it or open my hardware wallet or even my online wallets ,
So in case anything happen I want them to use the many that I have saved I really think that it would help them a lot .

[Butchick]

My family knows i am into crypto currency and that i am somehow earning thru it but they have no access or whatsoever on my wallet or account, for that matter. Though there is someone who knows where i hid my passcodes and some other important stuffs regarding my account and so when i die, maybe that someone will be the only one who will know what will happen to my account and bitcoins.

[klavyemaus52]

I dont know i think them die with me cause i dont have any people in around me

[weblouartisan]

Ofcourse if time like that comes, my bitcoins will be given to my closest nephew. Perhaps, I will just put it into writing or in a video with duplicate copy explaining about it and regarding the private keys and other related keys for transaction. I will tell him where to get it and hope he will continue what I have started. Well, this thingay happen if I have already many bitcoins in my wallet.

You can share your keys to anyone you trusted but that should happen when you are near death or you will leave the country and you wont be focusing anymore on earning cryptocurrency just in order for your coins not to go to waste.

[Alamin2]

I will try to search an honest person who use it right way before I will die.I don't want no one crime by my ID.let's see what's happen with me.

[glavos]

In a few years probably anybody will know how to use crypto currencies so all you have to do is save your private keys somewhere

[faranisa]

hmm  I have not thought about it. Maybe tomorrow I will tell this to my brother. Then if anything happens to me, my brother can access and take over. yep, I really believe in my brother

[SergeYak]

If you made something to let your native people use your goods after death nothing bad will happen to bitcoin. In other case your bitcoins will die with you.

[Shipitcinvova]

Now mostly people are looking for earnings at home so as not to go to the main job 1 earnings iata investing in Bitcoin Yes it's not free but still profitable.

[bestpikka]

Maybe if I myself early on will I teach it to my son or brother so when things are not alleged to have occurred they have been able to resume her.

[Mikejones64]

I'll be making a note putting all my access code on my wallet. My relatives don't know about bitcoin, so i guess they'll have to seek professional assistance to open my wallet.

[vladimirnesgibaev1]

In short, the price is strongly determined by the demand, which is known to be very volatile and speculative. At the moment, because of the lack of large turnover on Bitcoin exchanges, it is easier for them to manipulate.

[bololord]

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...

It will forever be lost unless you have person you trusted with your computer or phone that contains your passwords, pins, mnemonics, seeds, private keys or anything that will have access to your storage like soft wallets and hard wallets. This is one of the reason why bitcoin lowered its volatility because of stock or lost coins, number of bitcoins is increasing and so the lost coins the result would be a stable volatility rate.

[carlbreezy]

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

How could they do that? Unless you're going to give them your keys. Bitcoin is decentralized and no one will ever care and pass it on your relatives. When you lose your keys then you lose your money, and when we die, when it happens then they couldn't get whatever cryptocurrencies we have.

In short, let your wife know how much money you really do have lol do not hide it from her

[adjk7]

Ofcourse if time like that comes, my bitcoins will be given to my closest nephew. Perhaps, I will just put it into writing or in a video with duplicate copy explaining about it and regarding the private keys and other related keys for transaction. I will tell him where to get it and hope he will continue what I have started. Well, this thingay happen if I have already many bitcoins in my wallet.

Bitcoin is not like a retirement fund or even a savings account. No one needs to know if you have them, or how much money you have, or how you use them when you are not. Bitcoin provides a safe space for the storage of wealth and it can keep everyone secret.

[aliceayag]

What happen to my bitcoin when i die, I will give it to my family and love ones. They all deserved it because they are my family. I think i don't need bitcoin if i die, so i will give it to them.