What happens to my bitcoin if I die today?

[bountywork]

We need to keep wallet key and process in safe place like email address and tell your family to about it and after died they can access your email address and withdraw your digital asset.

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[abrahamtownsend]

Bitcoins do not have any physical existence like currencies. It is a virtual cryptocurrency. It is a standard practice to store your Bitcoin in a secured De-Fi wallet or a blockchain account. Those details must be saved with utmost privacy. Hence, in the case of the death of a person, there are chances, this privacy gets buried forever. That means the recovery of those coins will never be possible again. However, the person can decide whether to rely on offspring or siblings to share the data, in case it is required after a death.

[nicolerichardson]

If no one has any information or access to your bitcoin, it will be lost forever. In such a case, you can let your loved ones know about it and share the key with them so that they can make use of it after you die. It’s completely your choice if you wish to donate it for the betterment of society.

[Golftech]

Be sure to teach your partner or kids or parents how to use your private keys if something happened to you. For all we know our coins can be worth millions after we die and would be a giant waste not to educate someone and pass it on.
I myself made sure that my partner knows how to use what i have or at least knows where to look.

The wise decision to make when you involve yourself in this business, allowing someone to know your private keys, gives

them the right to use your saved Bitcoin after you die. Your hard work will not turn to nothing. Either your partner or parent

even your kids can be the successor of your savings. If you trust them enough, you'll not be worried about whatever happens to you

all this money will be used and not be stuck inside the system.

[karanggatak]

If you don't tell your family that you have bitcoin, no one will know about that, and they will not be able to use your bitcoin for anything. Your bitcoin will be store in the wallet without anyone who can access the wallet. I hope you can tell your family about bitcoin and how they can access your bitcoin wallet to use it for their own good.

im not sure, but in my country they wont tell any information about bitcoin, they just keep it till die.
i introduce, telling more about bitcoin but never tell something details to them, its to complicated.
the best is tell them what you have, everything. so, someday, if you have a thing, they know what to do.

[Ebede]

If no one has any information or access to your bitcoin, it will be lost forever. In such a case, you can let your loved ones know about it and share the key with them so that they can make use of it after you die. It’s completely your choice if you wish to donate it for the betterment of society.

Any person that dies and did forget to show the lover once the password of in wallet the coin will remain there till kingdom come, because no way the coin can bring out from it hole, bitcoin is good to be invest and show people concern to you the secret of Access to the wallet.

[Abiky]

The wise decision to make when you involve yourself in this business, allowing someone to know your private keys, gives

them the right to use your saved Bitcoin after you die. Your hard work will not turn to nothing. Either your partner or parent

even your kids can be the successor of your savings. If you trust them enough, you'll not be worried about whatever happens to you

all this money will be used and not be stuck inside the system.

This might work, although lending a copy of the private key to someone else would introduce a certain level of risk. You're better off making a time-locked transaction on the Bitcoin blockchain just to be safe. The funds can only be spent on or after the date set by yourself. Another workaround would be creating a multi-sig (multi-signature) wallet where two or more family members hold the keys to unlock access to the funds.

By taking these steps, you can rest assured your Bitcoin will still be accessible even after your death. The responsibility lies in yourself, due to the decentralized nature of the cryptocurrency. Most people don't know that much about crypto, so funds are lost after death. It's all a matter of educating the masses in order to help preserve Bitcoin holdings for generations.

[Golftech]

The wise decision to make when you involve yourself in this business, allowing someone to know your private keys, gives

them the right to use your saved Bitcoin after you die. Your hard work will not turn to nothing. Either your partner or parent

even your kids can be the successor of your savings. If you trust them enough, you'll not be worried about whatever happens to you

all this money will be used and not be stuck inside the system.

This might work, although lending a copy of the private key to someone else would introduce a certain level of risk. You're better off making a time-locked transaction on the Bitcoin blockchain just to be safe. The funds can only be spent on or after the date set by yourself. Another workaround would be creating a multi-sig (multi-signature) wallet where two or more family members hold the keys to unlock access to the funds.

By taking these steps, you can rest assured your Bitcoin will still be accessible even after your death. The responsibility lies in yourself, due to the decentralized nature of the cryptocurrency. Most people don't know that much about crypto, so funds are lost after death. It's all a matter of educating the masses in order to help preserve Bitcoin holdings for generations.

If you don't trust the person enough, by doing this you are really protecting your assets.

Everything that you've said will add additional layers to your wallet, your money is safe

while you are still alive. No worries that someone will withdraw your funds without your knowledge.

Better enough to make sure that your investment is fully safe.

[HUSTLER]

This is worrying Question if a person die what will be with his Bitcoin. Most of us hide our accounts with our nearest peoples and do not tell about account status account accessibility methods, we should write all these details in our personal diaries that after one death his family can approach to accounts.

[Zilon]

If you don't tell your family that you have bitcoin, no one will know about that, and they will not be able to use your bitcoin for anything. Your bitcoin will be store in the wallet without anyone who can access the wallet. I hope you can tell your family about bitcoin and how they can access your bitcoin wallet to use it for their own good.

Writing down my passphrase or private key where only me can access while I'm are still alive and also somewhere where  only my closet relative can access after your demise is just the safest way to ensure my coin doesn't get stucked in the wallet after my demise. Of what use is the whole struggle if no one can access them when I'm completely gone

[Siddique@1]

If you die today your bitcoin shots will be in your wallet forever. No one can get your bitcoin except you.Keep a personal key for your bitcoin with your child or someone close to you. Then he can use your bitcoin if he wants. If you die, your child will inherit your bitcoin and your wallet will be his

[Dr.Osh]

If you don't tell your family that you have bitcoin, no one will know about that, and they will not be able to use your bitcoin for anything. Your bitcoin will be store in the wallet without anyone who can access the wallet. I hope you can tell your family about bitcoin and how they can access your bitcoin wallet to use it for their own good.

Yes, this is a very difficult consideration. because of this private keys problem, you need to find 1 person you really trust. maybe your wife, children or siblings, or maybe a friend you trust the most. however, in the matter of money, it is very sensitive.
So far, I haven't told anyone about the wallet I use and how to access it. however, I'm also starting to think about this. It is very easy to share this information with the family we have, but very difficult to find people we really trust. Well, maybe I will choose between these 4 options in the future.

[n0ne]

After your death the bitcoins will be there on the wallet in which you've been holding it. For security reasons it is good to have a safety box within which one can save the private key and secure the box on a bank vault functioning on a joint account. Apart from this adding the beneficiary to the will and adding details about the private key or the information to find the private keys will make the funds being used by the children.

These days coinbase and Gemini exchanges used to provide the funds to the beneficiary on providing death certificate and power of attorney. Further these exchanges are working on adding a feature for beneficiary. This will make the funds to go to the particular person when the respective person dies.

[kingangel]

I recently read an article about the use of quantum computers soon. The power of such a computer will be enough to guess the wallet password in the shortest possible time. I think in the future it will be possible to use this kind of service to regain control over your cryptocurrency assets.

[Hamphser]

If you die today your bitcoin shots will be in your wallet forever. No one can get your bitcoin except you.Keep a personal key for your bitcoin with your child or someone close to you. Then he can use your bitcoin if he wants. If you die, your child will inherit your bitcoin and your wallet will be his

Simple as it sounds but that wont really be that easy because you cant just hang on your keys that easily in the possession of your child or he do knows about it specially if you are still alive and had accumulated coins

solely on that wallet which would really be in danger on spending it or would be hacked or something like that.If you do know on how to make your child aware on things about on how crypto works and those wallets

then you would really be that confident on letting other members of the family would know about it but well its not really a very easy decision to be made.

[kingangel]

You will not lose your  bitcoins even if you die though it will not be accessible to your loved ones if the one who knows your private keys is yourself. We are not a fortune teller to predict when we will die so, make sure you are prepared incase of unfortune events like death, you should give those private keys to your trusted family and friends. It will be a waste of all the hardships you had made when you are still alive if your bitcoins will not be used.

Well if you die because of sickness then I am sure every would either give it access to their loved ones in time or even sell those bitcoins. But if it is an unexpected death then bitcoin may be lost in that bitcoin address forever.
No one can access it if anyone does not have private key.
Yes if you have stores it some where then family member may be find that and get access

[Tumanggor]

Bitcoin as a Decentralized Cryptocurrency has no physical structure just like the bank. It’s basically stored in a digital wallet/account being operated from a mobile device and its security embedded there also. In creating Defi wallet or block chain account no available section for next of kin or third party details Its always advised to keep Recovery Phrase details secret  in save location, these will help in recovering the wallet.

Literally bitcoin details remain secret and personal to me. If I continue to keep my details secret of what use would it be to me when I’m no more and my love ones can’t benefit from my bitcoin? Here is my question what happens to the bitcoin of someone who died and didn’t disclose his/her wallet details to anyone? please I need response . Would the bitcoin be abandoned in the wallet forever?? Would it be a waste of bitcoin?

from what I read in previous threads that when someone loses his wallet's private key, that person's bitcoin assets will remain there without being transferred until the owner gets his/her private key back

however we must keep our private keys and passwords very safe, confidential and easy for us to reach. if necessary make a will about your bitcoin for your beloved family

[Shagnasty]

If someone dies and doesn't share the private information of his/her wallet(s) with anyone, there is no way to get access to your coins forever. Because you can't recover it like recovering your password for an email of you. The only way you have for getting access to your coins is keeping the private info of the wallet(s) in a safe place and not forgetting about it.

[Abiky]

These days coinbase and Gemini exchanges used to provide the funds to the beneficiary on providing death certificate and power of attorney. Further these exchanges are working on adding a feature for beneficiary. This will make the funds to go to the particular person when the respective person dies.

Indeed. The only problem with this is that you'll be trusting a third-party to keep your Bitcoins safe. That completely defeats the whole purpose of crypto/Blockchain tech. What'll happen if these exchanges cease to exist in the future? Or what if they become hacked? Will the Bitcoins be fully recoverable? Or will everything be lost? Those are the questions you'll need to ask yourself when trusting a centralized exchange with your Bitcoin.

You're better off making a copy of the wallet's seed into a piece of paper and hand it over to someone you can trust (especially a family member). You can also make a multi-sig wallet where other people can unlock the funds if you're no longer available. There's also the option of making a "time-locked" transaction where Bitcoins cannot be redeemed before the specified date by the owner. As long as you take the necessary steps to secure your Bitcoin, you'll have nothing to worry about. Just my thoughts

[Murtaza345]

If you will die without telling about your wallet private key or any access to  your loves like your wife , your son your sister your brother xyz so  there is no any other way to reach your wallet,and I think its not a big project because everyone in this field shares information to his /her loves  because its a Money no Matter its online but it is like a currency.and if I will die I know my love will access to my bitcoin.