My friend passed away and he have Bitcoin in his wallet

[NotATether]

Just talk to the other friend about it first, because it won't be easy teaching bitcoin to his father over the phone. Have the other friend liquidate the bitcoin to cash and present it to the parents for them to inherit, they probably won't learn how to use bitcoin just because their son left behind a lot of it when he passed.

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[serjent05]

Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them

So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?

It is the right thing to tell his parents whatever asset the guy left after his death.  You can try to contact them first with the number then through video call, you can instruct them on what to do.  If it is to troublesome, you can then let your friend that is leaving near them to get involved.  I hope the friend that died kept his private key on his PC, and the PC or unit he is using is not encrypted.

[Oasisman]

It's a good thing you shared this kind of unusual scenario, because at least some of us here has a friend who has Bitcoin or other alts in their wallet, and I know how difficult it is to explain and teach the parents who are not so tech savvy specially that they haven't become interested in digital currency.
Well, letting his parents know about this will be always be the right thing to do, but If your friend have just passed away, at least give some time for his parents to grieve, and tell them about it after maybe a month. They might get less interested or worse ignore it at this moment of grief.

[ololajulo]

As a family man or a member of a family in cryptocurrency, we need to get a storage device that can be kept safe with consent of someone, perhaps direct them to some trusted friend in the space that can access your portfolio in case you are not there or dead. The anonymous nature of the space and security consciousness may deprive the passing down of such a wealthy asset for the future rightful beneficiary. We will see more of this but we might need to reduce lost crypto asset with this mindset.

[MCobian]

If you believe your friend has a large amount of Bitcoin on his wallets, you should tell his parents. But this important thing like that can not
be explained by telephone, my advice you should discuss it directly with his parents. So if you have spare time you can go see your friend's
parents, but if it's not possible for you to meet them. You can ask the help of your other friends, who are close to the house of your friend who
has passed away.

[Twinkledoe]

Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them

So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?

It is the right thing to tell his parents whatever asset the guy left after his death.  You can try to contact them first with the number then through video call, you can instruct them on what to do.  If it is to troublesome, you can then let your friend that is leaving near them to get involved.  I hope the friend that died kept his private key on his PC, and the PC or unit he is using is not encrypted.

Yes, thru video call you can talk with them as soon as possible and as much as you want to tell them. At least let them know the potential assets that he left behind. Maybe someone from their immediate family knows about his crypto dealings and can help the situation.

[Etsu]

Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them

So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?

Really sad hearing about the passing of your frend due to traffic accident, may his soul rest in peace. I think you are obligated as a friend to make sure his family knows about owned bitcoin and perfect way to do it is try as much as possible to pay the family on condolence visit amd tell them about what your friend was upto with bitcoin and if you can't get to their country, you should probably get your other friend in that country involved so that he'll be able to explain better to the parent of the deceased

[Quidat]

Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them

So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?

Its just an ethical thing to be done when you do let his parents know about his coin possession yet there are no other people who would make use of those coins but only to his loved ones.
You should let them know about crypto and how to unlock those coins and convert it to cash since those parents are bit oldschool then telling them even the basics wont really require much time.
Also, those amounts might really be a big help to them in terms of financial because if you do let those coins to be untouched nor wont be accessed anymore then its just a waste of money
if you do know that the keys were just there.

[LogitechMouse]

2 choices.

1. Either go to their house directly and you will be the one to get the Bitcoin that your friend had and give it to his family or convert it into fiat then give it into his family that would be better since they aren't that techy like you said.
2. Contact a very trusted friend of yours which is involved in crypto and let him do the job.

If you are just close to their house then this would've be easier but you are in another country so it would be hard unless you will sacrifice some time and money to do this. For sure your friend will appreciate it if you will be the one who will do it. RIP though.

[Kelvinid]

That is how important to have this
https://bitcointalk.org/index.php?topic=5259679.0
https://bitcointalk.org/index.php?topic=5259679.msg54725526#msg54725526

and to talk with. It was unfortunate if they save a lot that nobody knows what his addy and password, and where he stored his Bitcoin.
Well, it hopes that something had left for their parents even though they can't fully recover your friend's holding. Because it for sure, they don't also know about crypto for their ages.

2. Contact a very trusted friend of yours which is involved in crypto and let him do the job.

I hope there is a way to trace and find the key or there is a copy on his laptop. That seems possible also if he entrusted his crypto assets to someone else to his closest friend or relatives.

[angrybirdy]

2 choices.

1. Either go to their house directly and you will be the one to get the Bitcoin that your friend had and give it to his family or convert it into fiat then give it into his family that would be better since they aren't that techy like you said.
2. Contact a very trusted friend of yours which is involved in crypto and let him do the job.

If you are just close to their house then this would've be easier but you are in another country so it would be hard unless you will sacrifice some time and money to do this. For sure your friend will appreciate it if you will be the one who will do it. RIP though.

The first one you mentioned is the best option, his friend will appreciate the effort and will really be happy for helping him to help his friend's family. It is better than contacting a friend, even if he know it or trust it so much, if he is not around, who know what his friend will do since this is about money.

[philipma1957]

If he's got a crap load of Bitcoin sitting on his computer, then it's wise to tell his parents before they end up selling his computer and the rest of his belongings.

Since his parents are almost certainly his next of kin, then they'll be the ones to inherit the funds.

Although it might seem insensitive to do it straight away, you should at least let them know they shouldn't sell the computer until after this check has been done. If they don't know how to do it, they could just install Teamviewer on the PC and you can do it for them remotely.

Hopefully his seed phrase is hidden somewhere easily accessible.

This above is the proper advice.


If his parents can read English  point them to this thread. Sooner rather then later. Explain you are sorry that your friend and their child has passed on.

I have lost all my children (2) so I know it does hurt.  But to lose a possible 10,000 USD or more  value would also be sad.

I wish you and his parents my condolences.  God bless all of you.

[Lorence.xD]

If you tell them about it then please consider some things before doing so, first is they are technologically challenged as you said and they might not know what to do which means that they might be a target for oppurtunistic scumbags to take all the coins for themselves, if you can, you might as well go there and help them yourself. The friend you mention might not be trustworthy all along so that can be a factor, it really is a good thing that you should tell them about that coin but on the other hand greed can manifest and amplify someones desire.

[romeojasmin13]

I'm sorry for your loss. Of cause, you should explain his parents what is Bitcoin and how it works. It's very important and they will be interested to know more about their son's hobby, no matter how many coins he owned.

[KrisAlex18]

That is really a sad story, you have to tell his parents about that, his parents are liable for the things that are left by their son, the hard thing here is where do they find the keys or the information of the wallet of their son, even though it is in the desktop, it's still hard because I think he saved it into the secret files. Hoping that they will get the information about the wallet so they will use the money that has worked by their son, for sure if the boy is still alive, he also wants to tell it his mother and his father.

That is why I am open to my family, they know my wallet information because all things can happen anytime, what if you will get an accident and you die rapidly without even saying some important things you need to say. If you really trust your family if you really love them you should let them know about this kind of information.

[jademaxsuy]

You can tell them directly about it but do not give them high hopes as you were not sure and just only speculating a certain amount or value of bitcoin. And this news should not be keep by you for in the end you might be having some regrets.

In my own perspective telling them would not be difficult since you are just about to give them care and probably fortune. In this case you might also be needing some proof of your friendship and how you know about bitcoin together. By then, your help being offer will surely appreciated and  accepted.

However, since you are more knowledgeable about it and as a humanitarian help after the loss of your friend then you should not take adcantage and let them decide wether they will give some of it or not. If they will not.give you a tip for your help or if you do not need it also then that would good but if you need some of it then I suggest to take a bit enough for a snacks or a meal. LOL.

[michellee]

Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them

So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?

That is a good idea to tell his parents that your friend has bitcoin in his wallet. You or your friend can teach his father to access it, or if they need money, you can help them sell the bitcoin. If you can find local sellers, that will be good because you can cut off some of the ways without using the exchange. It is better to make a video call with his father, your friend who lives close to them, and the seller who can you trust.

You can try to open your friend's wallet, and if the wallet needs twelve words, you can ask your friend to search on his computer, mobile phone, or another place.

[jrrsparkles]

Its really a sad thing to hear, if they can't able to find the recovery seeds then it is impossible to access those funds.You have to let them know about this to their parents and other person who is having some knowledge about this and trustworthy so they might have a chance to access and cash out their son's asset.

[Peanutswar]

I think there is a chance that they will ask for other people that are knowledgable in the world of technology because OP does not have enough sources and capability to go into their place. Still, if they ask other people quite risky because there is a probability that that person discover the large amount of the bitcoin he has it will cause of inside job still if you don't trust them better to get the computer or get the seed it is easier to access the information but the main problem again is the seed or the password because you need to find out on it's all account and room.

Also, it is a better way to access the computer is the computer routing you can use the AnyDesk to access the computer whenever you are.

[lienfaye]

Well thats a sad news. Anyway is this other friend of yours can be trusted? It would be better if you personally meet his parents and tell this thing.

If its not too much help them to find the keys to open his wallet and assist them how to cash out it as you have said they are not aware of bitcoin so it will be hard for them to grasp.

But since you're in another country its quite hard to do it yourself. I just hope the parents get what their son left.