What if a person died with BTC!!

[baho11]

If a bitcoiner died with bitcoin yes of course his or her family will be the one allowed
 to manipulate the bitcoin .Thats how important your family knows about your crypto.business for them not to be blind from your work.

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[greg0rioo]

I think if the abandoned family does not know about our assets in bitcoin then it will be useless. So you should tell our family first about all our assets in bitcoin. So that all our assets and property can be passed on to our family.

[daarul50]

The purpose of a person investing is for the future, what is the use if he dies but the asset is not used by the nearest people in the future. I think people who invest bitcoin have prepared everything and will notify all the information to their families, because they are investing for the future of their family.

[Predator25]

I think if the abandoned family does not know about our assets in bitcoin then it will be useless. So you should tell our family first about all our assets in bitcoin. So that all our assets and property can be passed on to our family.

Right thing to do. now that it is mentioned that what will happen if a person with bitcoin dies, users here pf bitcoin should make a plan about it. In order for it to be put on waste, tell these things regarding bitcoin to a trusted person and if ever the user will be gone, there will be a person who can access it. in this way bitcoin would not be disappearing gradually.

[1C6fV5DtakfKANLJ8GUV7hCaA]

Well you have to think of a way to store your private keys on a safe place or a deposit box and hide them somewhere. Access to these shall be specified specifically on your last will so that your heirs can benefit from your BTC.

[icemantaurus]

Yes what if that happens? We'll in my side, my wife and daughter knows the details of my accounts/wallets. Just in case i left this two worlds (fiat world and cryptoworld) I'm living in, my investment will not go into waste.
Some of my colleagues tells me that my family will spendthrift my investment, but i know they won't. It's just a matter of discipline and trust. So in case, i know my investment is in good hands.

[ChConcept]

If a person who owns BTC dies suddenly, his coins will still be in the network I believe but no one can access that unless there is someone who knows anad can secure his passwords. Personally I have a copy of my passwords on a safe box with all the instructions and it is in a secured facility that will only be open if something unfortunate happens to me, so that I can ensure my family's future still. I hope most of us, Bitcoin owners will do that for their families.

[hashshashin]

What will happen??

No one will have the BTC address. Hence will them isolated?

In FIAT, people can handover money to someone.. So, i predict BTC will be disappeared gradually.

I understand that life is unpredictable and you do not know what your family will be, but you need to think about the future, and if you have a certain number of bitcoins, then you can share the address with someone else (with your wife or parents). So in any situation there is a way out.