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Author Topic: What happens to your tokens when you're gone one day?  (Read 756 times)
bitcoin31
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February 12, 2019, 09:50:49 PM
 #61

I suggest to all of us we don't know until when we leave on earth so better to save the private and tell to your family who really trust you did not do somethimg bad while you leaving incase you are gone someday incase your token will be worth it because your family can open your wallet and they able to wuthdraw as money to use to for daily life.
PuertoLibre
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February 12, 2019, 09:58:42 PM
 #62

I've told my wife my wallet password so if one day I go or die, my child and wife can still access and sell crypto assets that I've ... yes even though now my wife doesn't know about crypto at least she already knows password that will used for access my wallet
Sometimes i can't keep away useless questions about believing to relatives who have no idea about crypto,wallet,password. After leaving the earth my only person who can dechiper the cold wallet is my brother and i kept my wallet seed in bank storage which only i have access to it. Questions keep my mind busy.
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February 12, 2019, 10:08:01 PM
 #63

I've told my wife my wallet password so if one day I go or die, my child and wife can still access and sell crypto assets that I've ... yes even though now my wife doesn't know about crypto at least she already knows password that will used for access my wallet
Sometimes i can't keep away useless questions about believing to relatives who have no idea about crypto,wallet,password. After leaving the earth my only person who can dechiper the cold wallet is my brother and i kept my wallet seed in bank storage which only i have access to it. Questions keep my mind busy.
Then just hand him the seed just incase, it is as simple as that.
You can also use multi signature in case of him trying to take the tokens without you knowing so that you dont need to worry anymore.

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Luvr1000
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February 12, 2019, 10:23:35 PM
 #64

I have seen a project that solves this problem, in this company you can write something like an inheritance, and if something happens to you, the project team will send a notification and all the data with the keys, your relatives or the person you specified, if I can find this company I will give you a link
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February 12, 2019, 10:24:02 PM
 #65

I think my sibling can access my crypto wallets and exchange accounts in the case in no longer around. I think we should have someone trustworthy know where to find the keys and passwords to our wallets.

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edmundo
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February 12, 2019, 11:00:54 PM
 #66

These are digital assets and it means they can be backed up somewhere and given out as properties in a will to people closest to you. This is why, it is necessary and important to share some of the most kept secrets with someone you trust. This way, in the event of your demise, the assets live on forever waiting to be retrieved. This is important and should be consider by all amongst men.
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February 12, 2019, 11:19:47 PM
 #67

Yes after I read this thread I immediately wanted to tell my wife about my digital asset password, because until now my wife had not been told by me about my digital asset password. I am really lucky to find this thread. Thank you

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February 12, 2019, 11:33:34 PM
 #68

It's really important and it's recommended to create a video that will give instruction where you kept your private keys and how everything works, those tokens/coins you are holding could be worth hundred times of its value today, so better start creating one now.

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February 12, 2019, 11:41:13 PM
 #69

My token is really stored safely in the wallet. And so far, I don't want to sell the ICO coin that I followed from 2017. The reason is that I lost the moment at ATH last year. A little makes me regret, but there is still hope.
yarelydiaz
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February 13, 2019, 12:53:10 AM
 #70

I thought about this question, even when I registered my first wallet. And as far as I remember, there was even some kind of ICO at the end of 2017, which offered the service like transfer of wallets by inheritance jeje I think you need to always have a fallback in such a case.

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tabas
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February 13, 2019, 01:19:58 AM
 #71

Create set of instructions that's designated for your family. Tell them that they shall open that instructions when you're gone or you passed away. Include all of those things that they need to know and easy to follow instructions on how they can retrieve your bitcoins.

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February 13, 2019, 05:38:49 AM
 #72

That is a quite common story in crypto market and it shows the in another hand of absolute security. There were lots of value coins which were disappear by this way

boyz97
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February 13, 2019, 05:48:51 AM
 #73

Create set of instructions that's designated for your family. Tell them that they shall open that instructions when you're gone or you passed away. Include all of those things that they need to know and easy to follow instructions on how they can retrieve your bitcoins.
much people worries about their cryptocurrency asset if they die.there is no one could access our asset except they know it.and just for preventing bad accident , i am agree with you.we have to make a note about the instruction.so even common people could undertand it.

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February 13, 2019, 06:48:45 AM
 #74

This case is still far away from being glimpsed in mind. I don't really know what will happen to that cryptocurrency, cause i've ever lost my private key of wallet that contain some coins. And up until today i don't really know what happen to that coins that i loss access to it.


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February 13, 2019, 07:47:11 AM
 #75

There is no special way that really works when someone who loses the private key or he has died, the wallet that has been returned will be opened and retrieved.

Maybe it's time for us to entrust someone and give them a private key or anything that relates to our wallet. Unless we will only let that the assets we have settle down just like that.

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February 13, 2019, 07:52:32 AM
 #76

There is no other way to create a MultiSig wallet in this case because if you share your private key with someone, you are not the owner anymore. So, it's risky. With huge money, there is no one to believe in this world.
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February 13, 2019, 08:01:48 AM
 #77

It's always a possibility for someone to steal your cryptocurrencies wallet. But more likely, the meteorite could fall on you or you may fall down the road and hit your head on the stone.

If you think about the possibilities, you might miss a lot. I would like to consider different areas where you can earn instead of gain ...

maculeth
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February 13, 2019, 08:07:22 AM
 #78

therefore, it is important for us to tell one of our family members. especially the wife, so that when we go someday, our coins will be useful.

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marjil
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February 13, 2019, 09:01:00 AM
 #79

In my family there are no problems with this, and everyone knows where they are and how to use cryptocurrency, so I don’t worry about it!
Yes but not everyone klnows how to use the crypto and if they don't have access to your wallet or your storage they might not be able to access it when necessary and this could mean you lose your coins one day.

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February 13, 2019, 09:06:17 AM
 #80

I will delegate to someone that I trusted to hold my tokens and gives the profit to my family because I want to make sure that my family will get benefits when I went. I don't want to bury my tokens without any chance for me to give something worth for my family especially for my kids. But if I don't tell anything to them, I will go with all of the tokens I have in my funeral and I cannot gives benefits to them. I don't want its happening with my family because at least, I can give the opportunity to them to continue for what I've done before.

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