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Author Topic: Crypto After Death?  (Read 20768 times)
roadwell890
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February 12, 2019, 04:22:38 AM
 #261

I truly don't understand why some people who say the cryptocurrency will die ? I think it may be the future of the world, it can make our lives better because of the power of blockchain technology.

Crypto will surely die because every life will surely die but not for now and still for a long time.
now Crypto is still alive so he can get up and grow, even though the market is in poor condition but believe he will give beauty to many people.
in the future it will increase because more sophisticated technology tools help Crypto growth.

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February 12, 2019, 04:36:35 AM
 #262

I truly don't understand why some people who say the cryptocurrency will die ? I think it may be the future of the world, it can make our lives better because of the power of blockchain technology.


Who says crypto will die? Have you tried reading what OP says? I think you should try to read what op says before posting not relevant to the topic.

By giving knowledge to trusted families, crypto can provide benefits to them, besides knowledge and also give crypto assets before they die.
This needs to be done for survival, in this way crypto will have a generation and will not die.

When you enter the world of cryptocurrency, one of your family should know what you're doing. It may be your wife or husband. Someone whom you can trust. You should teach them for them to have knowledge in cryptos. If one day, something bad may happen to you, at least there someone knows your wallet and your investment. The key here is not to be greedy.
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February 12, 2019, 04:39:07 AM
 #263

I truly don't understand why some people who say the cryptocurrency will die ? I think it may be the future of the world, it can make our lives better because of the power of blockchain technology.


Eh? Try to read the whole post sometimes than just the title. Op means what happens to one's crypto after the death.

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February 12, 2019, 09:01:24 AM
 #264

I truly don't understand why some people who say the cryptocurrency will die ? I think it may be the future of the world, it can make our lives better because of the power of blockchain technology.


Because they just look at the price without understanding clearly about appicability and what blockchain and cryptocurrency can do in the future

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February 12, 2019, 09:42:25 AM
 #265

My wife knows all the necessary information and we don’t have secrets from each other, so if something happens to me, she can always take advantage of it!
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February 12, 2019, 09:47:21 AM
 #266

My wife knows all the necessary information and we don’t have secrets from each other, so if something happens to me, she can always take advantage of it!
This is a good situation when relatives know all the secrets and access codes. I unfortunately now have a different situation, I can not trust.

 
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February 12, 2019, 09:47:41 AM
 #267

I don't hold huge funds and I think its just enough to save without working for half a year.
I just gave all my information regarding on wallets and saved it on a file.
And I'll start to let my family understand on how to manage it, when I think they are ready for it.


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February 12, 2019, 09:50:39 AM
 #268

I truly don't understand why some people who say the cryptocurrency will die ? I think it may be the future of the world, it can make our lives better because of the power of blockchain technology.


Because they just look at the price without understanding clearly about appicability and what blockchain and cryptocurrency can do in the future
the price of crypto will definitely change. many of those who judge crypto have finished because the price has decreased greatly, but for people who know the real conditions, this is just natural.

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February 12, 2019, 09:51:54 AM
 #269

I've read that a huge amount of ETH and BTC are considered forever lost. I think most of them are the money of dead people,the rest is lost due to the loss of passwords and keys.Hacking wallets is very difficult, almost impossible, but this situation today.Everyone thinks about their own death...
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February 12, 2019, 10:08:08 AM
 #270

When you enter the world of cryptocurrency, one of your family should know what you're doing. It may be your wife or husband. Someone whom you can trust. You should teach them for them to have knowledge in cryptos. If one day, something bad may happen to you, at least there someone knows your wallet and your investment. The key here is not to be greedy.
I'm a selfish bastard then  Grin
If I'm gone and I wont be able to spend my crypto, nobody will!
But seriously, why would anyone trust their bitcoins to a woman? You know that wife has this legal option to deprive you of your coins right? Of course if she's aware of you having some than why would you make this easier for her...
Leaving coins to kids, now that I would understand. Some cool puzzle in the basement, with clues and tips on how to find the treasure. Something fun and creative for the kid to remember and learn the path of crypto along the way. But simple peace of paper with all the instructions, that actually anyone can read seems like safety protocol breach. I think them coins have the anonymity feature for no reason, it should be used to the max.

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February 13, 2019, 08:11:44 AM
 #271

if in my opinion, it's better if we immediately convert crypto to fiat, don't hodl it any longer (if you already get profit), then that's enough to end it all.

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February 13, 2019, 08:38:03 AM
 #272

When you enter the world of cryptocurrency, one of your family should know what you're doing. It may be your wife or husband. Someone whom you can trust. You should teach them for them to have knowledge in cryptos. If one day, something bad may happen to you, at least there someone knows your wallet and your investment. The key here is not to be greedy.
I'm a selfish bastard then  Grin
If I'm gone and I wont be able to spend my crypto, nobody will!
But seriously, why would anyone trust their bitcoins to a woman? You know that wife has this legal option to deprive you of your coins right? Of course if she's aware of you having some than why would you make this easier for her...
Leaving coins to kids, now that I would understand. Some cool puzzle in the basement, with clues and tips on how to find the treasure. Something fun and creative for the kid to remember and learn the path of crypto along the way. But simple peace of paper with all the instructions, that actually anyone can read seems like safety protocol breach. I think them coins have the anonymity feature for no reason, it should be used to the max.

Seems like you have trust issues with your wife. Finding treasure is a cool idea. Anyway, we invest in cryptos for our family's future, specifically for our kid's future. Now, if you're gone, and no one knows about your coins, then what will happen to your family? You want to leave your coins to your kids, right? What will happen if they'll find the treasure? Aren't they going to spend it in a useless stuffs? They're still young, and don't really care about the value of money. For me, it is still better to leave your coins to someone who is mature enough.
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February 13, 2019, 08:43:39 AM
 #273

For now, we also think that if we leave. Who will inherit my Crypto later? And some of my brothers and sisters, I have given this Crypto knowledge. So if tomorrow I am not there, of course, my brother can take over.
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February 13, 2019, 08:45:31 AM
 #274

I think we should make statement or write a diary in which write all exchanges/wallets login passwords and keep it in safe place and tell some reliable and trusted person from family after my death follow this guide to get the funds.

Exchange should also add next of kin option like an email in case of claim

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February 13, 2019, 10:03:05 AM
 #275

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?
My idea is that if I was before death, I would exchange all my cryptocurrencies into cash and leave them to my family.
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February 13, 2019, 10:05:13 AM
 #276

My family will definitely be able to take advantage of my work, because I always show them how to work with cryptocurrency!
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February 13, 2019, 10:22:39 AM
 #277

Crypto is now more healthier all people here understands the tech more than people of the bull run of 2017 a lot of scam project failed dramatically and good project are currently building more robust infrastructure Smiley
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February 13, 2019, 10:24:45 AM
 #278

My family will definitely be able to take advantage of my work, because I always show them how to work with cryptocurrency!
family maybe, if your family understands how it works so they can take advantage of what you get from Cryptocurrency.
other than that there might be someone who can be trusted other than family, and you must really trust him and he can also be trusted, so there is no problem.
and you are also not easy to trust anyone if you are not confident, because something bad can happen.

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February 13, 2019, 10:31:28 AM
 #279

My family will definitely be able to take advantage of my work, because I always show them how to work with cryptocurrency!

In addition to showing what you are doing, show them how to use the private key and, above all, where you have it hidden. It's best to divide private key into two parts - give one to the one person from your family and the other part to the other person. Only together they will have access to your address. This will greatly increase the level of security in the event of an unpredicted accident.

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February 13, 2019, 10:40:48 AM
 #280

I left a note with tips on how to access the file with all private keys. This note is stored in a secure cell, and only 2 people have access to it, which I fully trust.

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