What happens to your Bitcoin when you Die?

[HPQ.IO]

After loosing 2 quite young fellows in a year I realized that it can not be predicted and expected when exactly you can die, especially accidently.

So yes, I taught my wife how to access my personal wallets and accounts and gave an access to business account and data to relevant people.

It is important, better do this and never use than don't do and cause difficulties for your family and colleagues.

[Arata]

It has not occurred to me. Well, I'm gonna get to teach my family members about bitcoin, how bitcoin works and tell them my bitcoin and wallet accounts. If anything happens to me, then my family members already understand, can access and manage it.

[pushups44]

This is a question that involves some thinking based on the security and cryptographic nature of bitcoin. I think in a few years there will be legitimate services that will authenticate users access based on biometrics or other forms of identification, with the ability to transfer ownership based on death or incapacitation.

[cryptolet]

Your money can be losed except if you store private keys in place where your family can access it, then they will be able to inherit it or get your money.

[nadbucs]

Nobody can use it ofcourse if no one have the access to the wallet. For safety purpose if we are married we can share the private key to our spouse or child if they are responsible enough. In the first place we are investing to crytpo for our family. We don't even know when that time will come so better to kept in a place to where our trusted family member can access once we're gone.

[B{o}T]

Without your details you can't claim your BTC. You can save them up somewhere or even include it in your will, that way your family or heir can get access to your btc incase of death.

[francesyrus]

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...

As of now, no one knows how to access my bitcoin, but mostly my password has been saved on notepad. Hopefully they will saw it when I die accidentally. Of course I want it to give to my family when I die.

[Gheka]

before i die will tell all of my relatives about bitcoin and teach theam how to do it

You can not know the exact time that you will die, so you will not be able to promptly tell anyone about Bitcoin or teach them, your bitcoin will freeze and sleep permanently in your account, and to avoid this situation occurring. I think you should write a will or a backup and put it right in your room, tell people that if you happen any problems and not awake, they should read that, it will help their future, I am also doing this, although I do not teach anybody in the family about bitcoin but I believe the internet will teach them all, what they need to do is look for what I leave for them.

[Friskaadew]

maybe it's possible to affect all the sites that I get and lose all the coin because when I die my bitcoin I do not have to earn any money because it just hopes to get big money and help families

[Kamote_1102]

Wow. Thanks for reminding me that I need to do that. I haven't think about it yet. But of course, I will teach my parents or my girlfriend to access my account in Bitcoin just in case I die instantly. Besides, I can't take anything with me when I die.

[_noname_]

It's not possible for anyone to utilize it indeed if nobody have the entrance to the wallet. For security reason in the event that we are hitched we can share the private key to our life partner or tyke on the off chance that they are sufficiently capable. In any case we are contributing to crytpo for our family. We don't know when that time will come so better to kept in a place to where our trusted relative can get to once we're gone.

[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...

When we die our bitcoin stay alone no one can get or any member of family and friends will heirs it

Well we are on the same path. My reason is that my bitcoins is too small for my children to inherit. I am always encashing my bitcoins to pay for the monthly bills and the daily need of my family. I also have to pay for the tuition of my wife who is in college and my kids in nursery. Even If I die without teaching them, I have no regrets since the bitcoin I have was already being used for my family's needs and future.

[hoanghoatham04]

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 had times instructed my mother to visit the exchange to sell my bitcoin and redeem the cash in the times I travel and can not access my account. I will also have to guide everyone in the family how to use

[BlockFolksHQ]

I also feel curious to what will happen to my bitcoin when i die and no one know that my password. Will the bitcoin be not accessible or it will be easily hacked by other people?   

[Wasaisisi]

I really do not have a big sum to think about it after my death. That is why am trying to use all what i earn from forums and other sources in order to cover my needs.

[putriliesma]

Practically your bitcoin will stay to your wallet forever and it will be really hard to retrieve it because you really need the following email password and two factor authentication if it is in the trading platform, password and phase and private key if it is in electronium or hard wallets like trezor or ledger nano these securities is really tight because if you only in the world know this no one can access your wallet.

[Rosscy]

I think, when we die, our bitcoin disappears too, nobody will open our account, so our bitcoin assets will disappear, I think sharing account information with family members is needed. Whatever happens to us, our investments will be safe, and they will enjoy the income we've earned in bitcoin.

If in my personal opinion, if I have a large amount of bitcoin, the first thing I do is to tell my family, especially my wife, I will discuss with my wife about bitcoin and teach her how to access and basic knowledge of bitcoin , so my bitcoin is not lost when I die.

[marabanda]

Hmm ... interesting question. I did not even think about it until now. But in fact, quite an important point. I think that I will leave them to my children XD. Although it's too early to think about it ..

[QueenOf]

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...

if I am, I will teach my family members to learn bitcoin, and if I die bitcoin can be enjoyed by my family member, so that bitcoin do not go die with me and just plain waste

[drukoz2]

I've also been thinking about this recently. So I keep all my keys in a separate folder, which in case of an accident with me, will get to my closest person. He knows that. I feel better.