What happens to my bitcoin if I die today?

[Henrobakkara]

I believe this has been an ongoing issue for sometime because I have see people talking about how they cannot share their cryptocurrency login informations with anyone because they don't trust such and such persons, and you are around them but don't trust them enough to give them that kind of info.
You must have at least one trusted family/friend you can share with because at the end of the day, would we want our crypto assets to be lost forever without our loved ones benefiting from them because we didn't share our info at the time of death?  I for one don't want that.

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[radjie]

the more people who die without giving access to their private keys to others, of course, it will greatly affect the decrease in the available supply of Bitcoin, if most people die in that way it is clear that their Bitcoins will be wasted, but it can have a big effect on market value because the supply of Bitcoin will be increasingly scarce

[finaleshot2016]

I believe this has been an ongoing issue for sometime because I have see people talking about how they cannot share their cryptocurrency login informations with anyone because they don't trust such and such persons, and you are around them but don't trust them enough to give them that kind of info.
You must have at least one trusted family/friend you can share with because at the end of the day, would we want our crypto assets to be lost forever without our loved ones benefiting from them because we didn't share our info at the time of death?  I for one don't want that.

This has been a long-standing problem because many people have lost a lot of bitcoin in recent years because they didn't expect the value of bitcoin to skyrocket as it has. I'm not sure why people aren't sharing it with others because most of us have family, and I believe we can trust them because they are our parents or brothers and sisters. We can give it to them if the time comes when we won't be able to use it because we're dead. Crypto will undoubtedly become a valuable asset in a matter of years, therefore it's best to be prepared in this event and ensure that someone you care about will benefit if another bull run occurs, making you a large profit.

[sky59sky59]

One can regularly keep updated in email service preprepared info with password zipped file with info about bitcoins wallet. One need always (say once a year) stop actual planned email to be send later and to edit a new sending time in a year from actual moment.
Even free email services offer such action to send email on a particular day in the future.
One can plan it even in a longer period just warn possible email receivers to keep their emails active. Can be more receivers.

[riso2015]

This has also been discussed in this forum before. That's why it's very important that we bitcoin holders who may have quite a lot of value must have a will or at least a family that you can trust, for example, your wife must know your account key. This is important when something unexpected happens, because if we don't share this key it will be useless in the future. You are tired of working for years but your children and grandchildren can't enjoy it if you don't want to share keys.

[ReiMomo]

This has also been discussed in this forum before. That's why it's very important that we bitcoin holders who may have quite a lot of value must have a will or at least a family that you can trust, for example, your wife must know your account key. This is important when something unexpected happens, because if we don't share this key it will be useless in the future. You are tired of working for years but your children and grandchildren can't enjoy it if you don't want to share keys.

Yah its either one of our family members or whom we trust on, should be made aware of our private keys and other credentials to use our accounts and wallets. Let at least someone get benefits out of it after our death. I have shared my credentials with my wife and have taught her how to get into it and use it as well. Its an asset. As like gold, diamonds and other fiat currencies, Bitcoin is an asset. Hence we are responsible to keep it with either who is live and keeping it in the circulation or sell them off and utilize the money for any other goods instead of just leaving not accessed.

[Rajamuda]

After you have discussed this, of course all of us here will be more anticipating what to do in response to this. It's better if one very close/trusted person can hold the private keys, passwords, etc.

[mjsocool]

Very interesting question, of course if you are hoarding a large amount of Bitcoin in your private wallet then keep it in a safe place and write it back to your most important person.

[Lordshiva]

I make sure that my Bitcoin can be inherited in case I “died” because of health, accident, etc., by writing them on a notebook and put it somewhere in my room. I would leave a letter letting them know that here are my “keys to the kingdom” that are composed of usernames, passwords, emails, public and private keys, mnemonic phrases and other confidential stuff as inheritance.               

[nurilham]

yes not forever we can take advantage of bitcoin, it will end when we die. that's why I personally entrust it to the closest people who are really qualified to learn crypto so that if I'm gone someone can continue it. we can't just let it go, so it would be better if it was put to good use by a trusted person. but before that we must also be able to take advantage of this bitcoin well so that we can benefit from it. that's why we have to focus on investing bitcoin or other so that it can be useful in the future.

[Ngewex Yuk]

Bitcoin is similar to other assets, if we don't give information to anyone then the asset can be lost, the same as bitcoin which has a private key that is impossible for anyone to remember so if we die and don't provide information to families then we can be sure the bitcoin will forever be in wallet without anyone being able to touch it.

[Dr.Osh]

I make sure that my Bitcoin can be inherited in case I “died” because of health, accident, etc., by writing them on a notebook and put it somewhere in my room. I would leave a letter letting them know that here are my “keys to the kingdom” that are composed of usernames, passwords, emails, public and private keys, mnemonic phrases and other confidential stuff as inheritance.               

like a puzzle, right? unfortunately it will be difficult to happen if our family does not know what crypto is, so there needs to be education first.
however, as far as I know, when someone dies, and doesn't leave a private key for their loved ones, it gets trapped in their wallet. because this system is not made to send assets automatically when we die. however, what is yours will remain as it is until someone manages to find your private keys, and remove your assets.

[Assface16678]

Well if you didn't share the key to anyone then it will just sit in your wallet forever with no one to use it even the value/price goes up. Like inheritance, its better to save it in your safe case(the wallet password/key) so that when someone checks your safe the btc stored can be use.

[Dhoe]

if you don't want to inherit your bitcoins to your own children, it can be said that bitcoins will be buried with you in the ground, no one can dig your bitcoins, so from now on you should give your wallet keys to your children, or you keep your bitcoin code, and you tell them where you store it, so after you die, your child can take care of the bitcoin you live with, and your child can enjoy the results of your work, that's our responsibility as the head of the family, which is to make our family happy. .

[cotton ball]

if you are a good family head, who loves your family, and you want to see your children and family live happily and happily, I am sure you will definitely give your bitcoin wallet code to your child, if you don't give it now at least you tell them of course, and you keep it on your laptop, and you make a pact with your child, if you die, tell me where you keep your bitvoin wallet code, if you don't want to tell your child, it is certain that the bitcoins you have will buried with you

[markdario112616]

I'd spoken about this with my family, I mean we consider the possibility so yeah, I'd prepare something in advance on this one and only it will be then released once I'm dead. So to cut it short, I made a pre-planned last will so that in case something happen *knock on wood* my family would somehow have access to my assets, well I don't have any issues with my insurances since they are my beneficiaries. For those assets such as stocks both crypto and live market, I make sure that they'll have access to it.

[Rana590]

I think we should share about our valuable assets to our most trusted relative. We don't know when we will die and there is no guarantee about it. Many people have a huge amount of digital currency. This assets are not only for a person. If a person collects it for his or her family then it is necessary to share about his or her wallet.

[Em00n01]

If you don't tell or give hints about your Bitcoin to any of your family members/relatives and you die, your BTC will be lost forever as no one will have access to your wallet. What i have suggested all of my friends to solve this problem is using a pendrive to write down all the keys of their wallet and how much assets they're holding. This will help his family members to get back all other assets after his death.

[Slow death]

If you don't tell or give hints about your Bitcoin to any of your family members/relatives and you die, your BTC will be lost forever as no one will have access to your wallet. What i have suggested all of my friends to solve this problem is using a pendrive to write down all the keys of their wallet and how much assets they're holding. This will help his family members to get back all other assets after his death.

the problem is the trust between the people in the family. if someone tells a wife or husband that they have a million dollars in bitcoin on a pen drive, you never know if the wife or husband won't kill you for the money or you never know if the wife or husband won't steal the pen drive containing all bitcoins and disappear. so this has been a big headache. maybe if in the future there is a bank that has the function of acting as an intermediary, for example: the bank would keep the flash drive containing the bitcoins and the owner of the flash drive would make a will indicating the beneficiary in case of his death and if he if he died the bank would notify the beneficiaries to take the pen drive

[turneps]

Bitcoin is a decentralized cryptocurrency with no fiat-like structure. It's basically stored in a digital wallet/account operated by the blockchain and its security depends on that as well. During the creation of a Defi wallet or blockchain account, there is no section to enter details about relatives or third parties. BTC wallets always advise users to keep their wallet and recovery credentials secret.
You need to tell your loved one or someone you really trust and give them information about your account or wallet. I think it's best that you make a video tutorial about bitcoin and how to withdraw from your bitcoin, your job is to send a message to your loved ones: "If I die suddenly, watch this video". If you die someone will still open your wallet and sell your bitcoins.