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Author Topic: What happens to your Bitcoin when you Die?  (Read 5084 times)
sandos
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March 26, 2018, 01:33:49 PM
 #761

I store my accounts and passwords in a USB and my family members can use it when I die. this is an easy way to protect my asset.

DAVETUN
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March 26, 2018, 01:56:50 PM
 #762

My wife have access to my Wallet private ID, and also when my kids grown up, I will teach him all about crypto with that he to will be able to have access to my portfolio
yudif
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March 26, 2018, 02:07:42 PM
 #763

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...

I have not taught this to my family members but I think everyone should explain to at least one person. My parents may not be able to understand all this actually. I may tell about my investment to my sister in future.
elston6x
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March 26, 2018, 02:23:16 PM
 #764

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 happens to your Bitcoin when you Die?
 I really think about it. I will leave for my relatives. To get their Bitcoin number, of course I would give the family a direct password or write it on paper ... but must be very secret ... only if they have the password can access Bitcoin mine.
Gheka
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March 26, 2018, 02:37:36 PM
 #765

I store my accounts and passwords in a USB and my family members can use it when I die. this is an easy way to protect my asset.
I think I will also have a similar plan because when I read this topic, my thoughts have been affected, although I am quite young but life is unpredictable, if I do not save my password and account related to bitcoin, when I die, my bitcoin will freeze in the account and my family will not get anything. I would not want that to happen, Bitcoin can be a very expensive asset in the future, my family will probably get a richer life, I should bring this best to them if I do not exist

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Bugcoin5
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March 26, 2018, 02:51:03 PM
 #766

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...
When the time comes,I assure that my family would probably benefits all of my effort in this association.I never hide any secret to my family.I give them all the information of my account.
edo91
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March 26, 2018, 02:59:27 PM
 #767

For me im gonna teach my son as soon as he is ate his age and open minded..
Lemayilleur
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March 26, 2018, 03:06:03 PM
 #768

I think that nothing happens if your relatives do not have access to your transactions. one of the options, they can be swindled by scammers. because transactions and no data can not confirm that it is you who own the bitcoins. it is better not to think about it Cheesy Cheesy or immediately you must write a will and in it indicate who will own your assets.
JillClarissa
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March 26, 2018, 03:32:33 PM
 #769

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...
I'm still young. I'm only 23. I think I can live at least 80 years. Haha, I don't know if bitcoin still exists when I die. I'd like to teach my family about how to access and use bitcoin, but they're not interested in it, so now they're not?
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March 26, 2018, 03:37:55 PM
 #770

Yes, If you are married, you and your spouse need to know all the passwords and how to trade coins. Otherwise nobody can access without keys and passwords.

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Raffaele Rago
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March 26, 2018, 09:15:11 PM
 #771

I'll make sure to let my children and my family know about my account in bitcoin. Before I die, I'll teach them on how to get it and convert it to cash. Or maybe I'll just convert it already before dying. there're many ways how your family can get your bitcoin. In the first place, you worked very hard to achieve it just to give them right?
laravuemaster
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March 26, 2018, 09:18:31 PM
 #772

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...

Obviously the coins you are holding will just go to wait and it will not circulate in the market but the best thing to do when you knew that you are near death then just share or your knowledge to your friend about cryptocurrency and how to use it in order for your coins not to go to waste.

thelolicon2
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March 27, 2018, 01:33:18 PM
 #773

Of course our Bitcoin will be abandoned there and noone can touch it at all if you don't give your account and password or private key to anyone in this world.
That's a really bad stuffs when you're suddenly die and noone can touch your wallet at all. Really ankward situation.
Tahir460pk
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March 27, 2018, 01:38:37 PM
 #774

It should be gain to my family because after me they must be known about it and having knowledge about it.

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sabine80
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March 27, 2018, 06:35:44 PM
 #775

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...

my best friend, that brought me to bitcoin, knows where i have my wallets stored and where the passwords are. also i knows where he has his coins stored and so on.
so when one of us dies, the other can recover the coins. we have agreed that we will inherit the coins from each other.
@ophiuchuss13
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March 27, 2018, 08:46:52 PM
 #776

bitcoin will allow my family to lead a free life, they will not need anything. this is an inheritance that can be passed on to your relatives. the main thing is to teach them how to properly use this means of payment and so that they can unlock my account in case of my death.
jakech2211
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March 27, 2018, 08:58:03 PM
 #777

Since the primary objective of using bitcoin is the word anonymity, I think any of your relatives can claim your bitcoin. For me when you were provided by the person all of the necessary documents like your wallet addresses and passwords, you are able to trade bitcoins. This is the thing bitcoin is good at. How can be another bitcoin user know the name of the other user since bitcoin promotes secrecy of its users' profile.
teejayrichard2
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March 28, 2018, 07:08:12 AM
 #778

what happens to bitcoin when one dies is simple, your bitcoins are gone forever you gave someone your details and so the person will be able to access them and withdraw them
glongsword
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March 28, 2018, 07:32:57 PM
 #779

Well this question is quite interesting. I think I want to transfer all my bitcoins to my baby before I die. I will teach my relatives about bitcoin and how to trade this money to take precautions before I go. I think that is a big money for my work later
Dmitry.Vastov
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March 29, 2018, 05:01:12 PM
 #780

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...
Your entire bitcoin will lost if you die and you kept your entire bitcoin wallet very private. Though one need not to share his blockchain password with everyone but there should be at least one person with whom you can share your password and if in worst condition any mishap happens to you, your savings, your hard work that you have done to provide luxurious life to your family will all go in vain.
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