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Author Topic: Crypto After Death?  (Read 20698 times)
catterpillar07
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November 08, 2018, 05:15:49 PM
 #221

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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great.crypto.finansist
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November 09, 2018, 02:39:19 PM
 #222

This topic is very interesting and makes you think about those people who have confidence and are ready to give what they earned with great patience. I have a son to whom I will give everything that I earn in crypto. But it is better that this desire be passed on to the grandchildren, and even better - to their grandchildren.  Grin
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November 09, 2018, 02:43:06 PM
 #223

Cryptocurrencies will not go anywhere exactly, no need to deceive yourself and no need to deceive other people, because today I do not understand what the market will do if the situation changes anyway, because I want to understand very much what will happen to the stock market in this case.

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November 09, 2018, 02:52:55 PM
 #224

I do not know much about this, but I know one thing when I die, the altcoin I earn will be handed over to my relatives or those I believe that one thing they can follow me on. It's a whole new step. This issue I will learn more to the people I trust. I think the dead account will be hidden somewhere in the policy of the market.
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November 11, 2018, 08:44:15 AM
 #225

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?

We are now discussing this simply as something far away, but there are already those who died and had cryptocurrencies at the same time. As far as I know at the moment, these purses are simply lost
TomInVa57
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November 12, 2018, 11:10:20 AM
 #226

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?

I think that so far the number of people who had cryptocurrency and died is quite small. And so now I think about what I want to transfer their savings to their loved ones and my family
ereborltc
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November 12, 2018, 11:14:24 AM
 #227

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?
These questions are really much of a concern. In the future, the blockchain will be widely used. I am optimistic about it.

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November 14, 2018, 07:09:47 AM
 #228

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?
if we have a family, of course, the wife will try to find out our wealth, so if we have wealth in crypto, of course, we will share experiences with the wife on how to use it. therefore after we are gone, someone continues it. but if we are still alone and suddenly gone, the crypto will not be anything because no one knows the address of our wallet and how to operate it.
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November 15, 2018, 12:13:36 AM
 #229

I will make a fail safe when that happens. Of course I would train my child, and introduce her to the crypto world. Always let them know on what they are doing.

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November 15, 2018, 12:44:39 AM
 #230

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.

It's a good thing to tell some trusted people because we can't determine when you will die or death pick you up. You should provide this information.

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November 15, 2018, 01:37:28 AM
 #231

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.

It's a good thing to tell some trusted people because we can't determine when you will die or death pick you up. You should provide this information.
Yes, of course I agree with that if you want to leave assets for the family, it would be better to give information about the assets that you have today to people you trust because we don't know what will happen in the future
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November 15, 2018, 01:53:18 AM
 #232

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?


this discussion has been numerous and has become a never ending conversation. I think there are lots of threads about your question.
the solution, you make a will and make data in an external hard drive or flashdisk that contains the wallet's private key. yes give it to someone you trust when something happens to you. That is all

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November 15, 2018, 07:28:20 AM
 #233

Why do you think about this long-term... The growth time of the encrypted currency for 20 years can already mature, and the future cryptocurrency will become stable or cover this year's stock market. As for your child's future, you can't think about it. The inheritance tax is a manifestation of the progress of human civilization. Even if it is a cryptocurrency, it should also be subject to inheritance tax.
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November 15, 2018, 08:05:16 AM
 #234

Never crypto can die, the market is down, but we say that there are still large transactions and many newcomers to this market. Now the crypto market can show us patience.

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November 15, 2018, 08:19:47 AM
 #235

I have considered the future of cryptocurrencies, but in the end I gave up on these ideas because they seem ignorant! The encryption market is changing every day, if we believe, then don't give up!

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November 15, 2018, 08:57:23 AM
 #236

This is not a problem, just indicate in your will that you are transferring your private key to one of your family members.
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November 15, 2018, 09:35:20 AM
 #237

I have considered the future of cryptocurrencies, but in the end I gave up on these ideas because they seem ignorant! The encryption market is changing every day, if we believe, then don't give up!
we cannot predict the future of crypto but I can only hope that crypto continues to exist and develop. maybe for now crypto is dying but I don't think crypto will die but the market needs time to recover.
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November 15, 2018, 09:39:45 AM
 #238

I do not think crypto will die but its gravity will cool down in the future. When Bitcoin prices drops dramatically today, all the Altcoins have fallen and the crypto market has become more desolate than ever.
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November 15, 2018, 10:11:16 AM
 #239

There are a lot of abandoned wallets with large amounts, the owners of which either lost the key to them, or something happened to the owners themselves .. I think that now people are smarter and took care of relatives and friends .. well, those wallets that have lost their owners are waiting for hackers and drift in the still waters of oblivion))
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November 20, 2018, 06:08:46 PM
 #240

There are a lot of cryptos that have being lost due to people dying and leaving their wallets behind with a lot of crypto in them. That is why it is good for investors to have someone that they trust that they can give their private keys to when they pass on. I actually think that it would be the right thing to do to actually declare them in your will before passing

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