kolonel_x
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October 31, 2018, 08:32:06 AM |
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If no one have our private key, then everything will done. no one will be able to access that fund, and it will stay in our wallet for ever. I think that could be a bit disappointing to have that only possibilities.
well you are very right, this problem has been repeated many times and there is no other way to get access to the wallet. we let it all go away.maybe in the future there will be a new revolution for this case
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INVALID BBCODE: close of unopened tag in table (1)
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Aiberg
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CCECOIN
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October 31, 2018, 08:46:10 AM |
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This is a very valid question and I once worked as a bounty hunter on a project that aims to solve this problem by using blockchain technology to solve the problem of crypto inheritance, the idea behind it is quite genius I have to admit.
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zerocashdev
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October 31, 2018, 08:54:11 AM |
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Then this wallet will become a national treasure and will be transferred to the museum so that people admire it but in truth I think people will find a way to open it in our high-tech world.
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Vness10
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October 31, 2018, 08:57:41 AM |
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Have you ever wondered what will happen to your cryptocurrency when you die, for those holding huge funds, what have you put in place to make sure your kids or family benefit from your crypto savings. This is quite fascinating because if you know someone with huge crypto savings and he gave up the ghost, I wonder how such families would benefit from his savings since he alone has the private key to his/her wallet. I guess this is one reason some user still prefer banking Institutions, because they made provision for next of kin unlike crypto. So my question is what happen to those crypto when the owner of such wallet is no more and no one has access to such wallet?
It depends to situation like example we die but forget to give some information to trusted people about to our funds in crypto even password. And some situation that we die on the spot and ni one to your family knows about your crypto funds. There's so many circumstances that need to be concluded we don't know what will happen to us every day. So my suggestion better to write it it to a paper so what ever happen your family retrieve your funds.
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Bomber007
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Velic Ecosystem
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October 31, 2018, 09:39:25 AM |
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There are many ways to secure your Cryptocurrencies after death and make sure it is passed to your future generations, one way is to write a will and include the private keys to your important wallets in that will and escrow it with a very trusted law firm, this is one sure way and I think it would work quite well.
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iTradeChips
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October 31, 2018, 09:44:47 AM |
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I think that the the only way I can transfer this to my kid is teach him what crypto is and then give him my private keys. Then I think he will try to figure out on his own based on the information that I will give him and it should be sufficient enough for him to open the wallets.
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sinkfish
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October 31, 2018, 10:52:42 AM |
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make sure your inheritance got your id and password. else it consider burn.
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Anna Borisovna
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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October 31, 2018, 10:59:57 AM |
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I think in order to avoid such a situation, with the loss of all cryptocurrency savings - it is necessary to devote a trustee where and what you have stored, or leave it on although after death you will not care))
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █
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Iwillgotothemoon
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October 31, 2018, 11:01:42 AM |
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I don't have such strong predictive power, but I have a passion for cryptocurrencies. If I choose to leave items for future generations, then I will choose cryptocurrencies and houses!
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desticy
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www.cd3d.app
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October 31, 2018, 12:50:27 PM |
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I think about this question makes sense to think only if you are going to die in the near future, otherwise you will be able to find out what happens to the crypto market in 30 years.
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dadisde
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October 31, 2018, 01:00:43 PM |
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I hope that crypto will be mass adopted in the upcoming 10 years and I also hope that in 10 years I will be still alive Crypto currencies are representing the future of payment systems and the blockchain technology will make the world decentralised.
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chandrarahmadewa
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October 31, 2018, 02:38:48 PM |
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If someone dies without notifying the wallet's private key, I make sure the crypto asset will accompany the person when buried. LOL If I die later, I will give crypto assets to my child along with the wallet's private key
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tansoft64
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October 31, 2018, 02:47:14 PM |
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I think their are already many people has died and their cryptos are also gone because they forgot to share their account to their family, we don't have to be greedy at all times and share what we have in this world.
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drants
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November 01, 2018, 05:18:05 PM |
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Have you ever wondered what will happen to your cryptocurrency when you die, for those holding huge funds, what have you put in place to make sure your kids or family benefit from your crypto savings. This is quite fascinating because if you know someone with huge crypto savings and he gave up the ghost, I wonder how such families would benefit from his savings since he alone has the private key to his/her wallet. I guess this is one reason some user still prefer banking Institutions, because they made provision for next of kin unlike crypto. So my question is what happen to those crypto when the owner of such wallet is no more and no one has access to such wallet?
haha nice question i guess there might be a system of confirmation for relatives. yet this is a good chance to think, why we need money at all (in that enormous quantity) if it no longer with us when we are dead
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Data✘chain | Blockchain Based Decentralized Data Trade Service http://dataxchain.org/ico/main/
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Diva1993
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Custom Contract Network (CCN)
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November 01, 2018, 05:28:37 PM |
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There was a project I used to see around called timebox that aims to.solve this problem with smart contract, I didn't follow up the project to know if they did well or not but I have to admit that their plan had merit.
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gorodi
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November 04, 2018, 03:30:17 AM |
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Far-sighted owners of crypto wallets, if desired, can indicate the code from their wallet in the will as well as the code from any cell in a real bank. Anyway I saw some projects on Ethereum blockchain that helping with such things - but we need to wait little bit for stabilizations of this projects.
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mace15
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November 04, 2018, 03:42:09 AM |
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I think their are already many people has died and their cryptos are also gone because they forgot to share their account to their family, we don't have to be greedy at all times and share what we have in this world.
Usually this could be happen for those people has died eventually their assets in crypto will be gone. In case someone knew their wallet it could be use their funds. Exactly, let us not be greedy so good to know or share at least one you most trusted person about your asset in crypto if something went wrong.
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florianuhlemann
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November 08, 2018, 04:30:19 PM |
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my family knows what cryptocurrency is. I just leave the passwords and then they can get full access to all my savings, as in the usual cash deposits in the Bank.
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kenman
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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November 08, 2018, 04:41:32 PM |
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Have you ever wondered what will happen to your cryptocurrency when you die, for those holding huge funds, what have you put in place to make sure your kids or family benefit from your crypto savings. This is quite fascinating because if you know someone with huge crypto savings and he gave up the ghost, I wonder how such families would benefit from his savings since he alone has the private key to his/her wallet. I guess this is one reason some user still prefer banking Institutions, because they made provision for next of kin unlike crypto. So my question is what happen to those crypto when the owner of such wallet is no more and no one has access to such wallet?
errr....i gues, in case you happen to have a will in which you indicate everything that enables your family to get your funds it's fine...if you are not that lucky, well, then just relax and let it go
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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catterpillar07
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November 08, 2018, 05:15:49 PM |
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I think if you will give an access to your personal wallet there will be no problems at all for that person to use your crypto after your death
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