Halloween inspired poll –would your Bitcoins get passed on if you suddenly died?

[Blackpussy]

This is one of the Most touching topic i've crossed for a long time if i should die today all my investment is dead and gone too as none of my family members are crypto inclined so as a bachelor all my wallets and personal keys are only stored in my brain there is no third party so immediately i close my eyes my bitcoin goes with me too when it comes to security I'm more greedy and selfish about my password because one password connects all my social and trading login. i want to leave it this way till I'm married my wife is the only person i could possibly share all my security details with. But right now i'm going to drop my details and private keys on my mail i'm inspired.

thanks.

[Rengga Jati]

Actually, I personally am being confused about what to be done. However, yeah it is needed to prepare all kinds of possibilities that may happen in the next seconds. Because we do not know when we will die or even cannot remind again about our asset.
I also believe everybody has their own strategy to secure their BTC even they die. Personally, not only I know about the whole information about the asset that I have but also my couple. Trust is the first thing to be owned for this. if we trust our couple, we can make it smooth. However, how if we die together before telling our kids about the assets? Preparing the heritage for our son early with this BTC may be useful, but how is other people know it first and use it wrongly?

--snip--

Yes, I already read the topic and I think it can be one of the options to be done. I think considering this way is a good idea.

[abdulodoi]

I was discussing this with my partner few days ago,  my family is not into crypto at all but I do have all my login details and private keys written down in a book and made him aware where to get the book just in case.

I must say,  they might struggle for abit but I also make sure I explained how to access the funds in my book.

Truly anything can happen anytime,  better to share login details with the one you trust or let them know where to look if anything happens

[Distinctin]

How I wish I could know when I die because if that time will come surprisingly, I know no one can access my account nor had someone could help my wife to open it.

All the details in regards to crypto are being written on the paper but wondering if they have knowledge about it coz until now, I talk no one about these things. I'll keep it secret and if ever I had to lose my breath and can't talk anymore, all of it will be gone forever.

Having this thread makes me realize that I have to share this with my wife. Not only that, but I want her to know how to make transactions using those keys written. Maybe this is the only way I confidently sure that my hard works won't just go in the tin air.

[NavI_027]

Hmm, nice question. But first, let me knock in the wood to counter the bad vibes cam from this discussion . Keep safe everyone guys.

Not to brag or show overconfidence but I am 100% sure that my future heir (which is my gf) if ever I suddenly passed away will access all of my accounts including my wallet and this btctalk account so easily. I was able to influence her to try bitcoin before and she is loving it already. And on that note, I choose to entrust everything to her because she knows the feeling of being a crypto investor the most. I am sure she will take care of my savings and use it wisely. She is business minded and money smart like me so I don't expect any problems at all. I guess I'm just lucky to have her.

[AjithBtc]

Myself have briefed how to take control of a wallet using the recovery phase. The recovery phrases were filed, and she quite often reads articles about bitcoin. I'm happy she is interested in it. For me it's not a big problem, because she'll make use of it. She too have got knowledge in trading, herself used to try with small amount of BTC and ethereum. Maybe for cashing out she'll feel little difficult, I need to train her on it.

[VB1001]

It is always good to remember and plan what we are going to do when it happens.
I voted 100% because I play with an advantage, there is another Bitcoiner at home, he has the ability to maintain or recover my investment, in case it was necessary to make any movement.
I fully trust him, although not so much in his girlfriend.

[lovesmayfamilis]

Perhaps those who have a lot of capital in Bitcoin should take care of this. But as you can see from the answers above, very few people in the families of our forum residents understand cryptocurrencies. Accordingly, everything in wallets can be irretrievably lost. Already today, a significant part of bitcoins are lost forever for various reasons, and this is not only death but a banal loss of access to wallets.
As for me personally, I have a similar picture. I should spend too much time explaining to my loved ones how to use assets in the event of my death. If someday a really serious amount falls into my wallet, I will record a video with step-by-step actions for my family.

[acquafredda]

Looking at poll results, it is interesting to notice how polarized things are with 100% and 0% being the most voted alternatives!
I voted 60% because I can't be certain they will be able to recover them but I sincerely hope they will. I have to make sure the instructions on how to handle my coins are clear.

[Reatim]

I'm for 80% certain because we cannot assure things in our life even how good we plan things in time this may change or even go against what we wanted.

My coins on Hold is already in my Wife's knowledge meaning when day comes i died without preparation at least i know She will handle everything for our children.

But of course since She has no deep knowledge about this market( all she know is what i have told her and thats all,meaning limited knowledge) so she might mishandled or become victim of baddest people inside this market though i trust her decisions that in time everything that i pushed in crypto will be valued rightful.

[Becky666]

Yeah, i was introduced into this industry by my spouse and nothing won't stop my family gain access to my wealth when am no more. This question came when there is need to understand the importance of leaving behind legacy to our families while we go beyond the shore of this world. Most of my phrases and private keys are stored in a safe place[box] which my spouse has access to, this made it sure for them to get ride on whatsoever i may have left behind when the roll be call. God keep our spouse to be obedient not to experience heartbreaks or divorce from them.

[traderethereum]

I don't know what will happen to my bitcoin if I die today. I am not sure if my family can use bitcoin as I explain to them because it seems they are not interested in using bitcoin.
Maybe they need more time to learn about bitcoin, but I already explain how they can use bitcoin, including how to access my bitcoin in my wallet.
I already told them how to exchange the bitcoin on the exchange and send the bitcoin to their bank account.
But I am not yet testing them how far they understand my explanation. Maybe I will do that later.
We can plan what they will need to do, but that will be up to them because we can not force them to access our wallet and use it for their own.
But we can teach them the basic thing to use bitcoin, and we need to get their attention to why bitcoin can be important to them.

[bitmover]

I fully trust him, although not so much in his girlfriend.

Girlfriends and wives are dangerous, because they can just get VERY pissed off when they break up . Be careful!

I marked 100% on mine as well. A very close family member who understand a bit of computers (but not interested in bitcoin) has access to everything.

I believe it is very important to pass your bitcoins to your family when you die. Especially if you have kid(s)

[coolcoinz]

I fully trust him, although not so much in his girlfriend.

Girlfriends and wives are dangerous, because they can just get VERY pissed off when they break up . Be careful!

I marked 100% on mine as well. A very close family member who understand a bit of computers (but not interested in bitcoin) has access to everything.

I believe it is very important to pass your bitcoins to your family when you die. Especially if you have kid(s)

"hell hath no fury like a woman scorned" 

I've discussed this a few times on the forum and I feel like the best way to do it is to include your passphrase in your last will, held by your lawyer, while your wallet remains in your hands. This way the lawyer or whoever is able to steal the passphrase from him will not be able to access the wallet, just as your kids, if they ever get involved with drugs or something, won't be able to steal your money.

[Shasha80]

I am a very prepared person, so I have kept everything related to Bitcoin in a safe place and can be accessed by my family.
So I'm sure my family be able to find and access my Bitcoin without any problems if I suddenly died. From the very beginning,
I was always thinking about how to get my heirs to get the Bitcoin that I have.

[acener]

Yes my Bitcoin would surely be used by my family because there are 2-3 Members that knows how to use it.
My wife even knows all of my password so I am 100% sure that there wouldn't have any problem on converting my crypto into Fiat.

[DdmrDdmr]

As things stand, after (only) 67 votes, 32,8% are certain that their heirs would be able to access the inherited Bitcoins, and an additional 10,4% is nearly certain. Looking at it another way round, more than half of the people have a moderate-to-high chance that their Bitcoins will not be inherited, which goes to show that things are not as easy as we may think, and that there’s still a stretch between what we plan in our minds, and what we effectively roll-out towards a contingency inheritance plan.

Perhaps an interesting 30-60 minute xMas exercise, based on the above, would be to proof-test our inheritance plans, performing a drill, whereby the scenario hypothesized in the OP is the basis for a run-through on our plans alongside our heirs. We should stand-by as silent observers, and see how it plays out. I’m guessing that the drills won’t go as well as some of us thought …

[Kelvinid]

As things stand, after (only) 67 votes, 32,8% are certain that their heirs would be able to access the inherited Bitcoins, and an additional 10,4% is nearly certain. Looking at it another way round, more than half of the people have a moderate-to-high chance that their Bitcoins will not be inherited, which goes to show that things are not as easy as we may think, and that there’s still a stretch between what we plan in our minds, and what we effectively roll-out towards a contingency inheritance plan.

The result is very unfortunate. I can't imagine as well if this could be in reality, how many Bitcoin will still to mined?
More crypto holders are making it secretly but this never helps to spread crypto and keep 21mil circulating supply intact. The number of lost Bitcoin will increase if this thing will never change.

well, I hope every crypto holders will realize this thing and make their decision to make it share with anyone who can be trusted. I don't think that our wife or our friends are hackers that we can't give them trust. Have to plan for this since we still have time to do it.

[bitmover]

I've discussed this a few times on the forum and I feel like the best way to do it is to include your passphrase in your last will, held by your lawyer, while your wallet remains in your hands. This way the lawyer or whoever is able to steal the passphrase from him will not be able to access the wallet, just as your kids, if they ever get involved with drugs or something, won't be able to steal your money.

Give the passphrase to one person and the seed to your family? Or just give passphrase to family/lawyer and keep the seed with you alone?
The problem of not sharing seed is that if you die in an accident or a some other unexpected death your coins will be lost.

Splitting seed and passphrase could be  a good idea for those who don't trust their family members.

[KingsGambet19]

No of course, I do not have bought bitcoin yet and that is one thing that I would like have in the future. I will.buy for niw because of the current market which is way too high for now. I do think that it can have high chance to hit bullrun and that is why I am waiting to buy for it after people will going to sell their assets(bitcoin) and market price will go down.