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

[ralle14]

My wallet and bitcoins would be gone just like the rest of the burned coins if I pass away at this moment.

It's possible for my family members to open my wallet and move everything as I have a physical copy of my backup stored somewhere but it's unlikely they'll put the pieces together since they don't know much about bitcoin and I haven't had a plan for this kind of scenario.

[1713868660]

1713868660

[1713868660]

1713868660

[1713868660]

1713868660

[acroman08]

I have no doubt that they would be able to get it. me writing all the important password, email, or anything that I deemed important on a notebook they would surely get to my BTC(it is a lot so I don't really care who gets it). I have already informed all the closest people in me about bitcoin and the basics on how to use it.

It's possible for my family members to open my wallet and move everything as I have a physical copy of my backup stored somewhere but it's unlikely they'll put the pieces together since they don't know much about bitcoin and I haven't had a plan for this kind of scenario.

that was one reason why I informed them about bitcoin. and luckily some of them are interested in it and will have no problem figuring it out themselves.

[Serious475]

I have no doubt that they would be able to get it. me writing all the important password, email, or anything that I deemed important on a notebook they would surely get to my BTC(it is a lot so I don't really care who gets it). I have already informed all the closest people in me about bitcoin and the basics on how to use it.

It's possible for my family members to open my wallet and move everything as I have a physical copy of my backup stored somewhere but it's unlikely they'll put the pieces together since they don't know much about bitcoin and I haven't had a plan for this kind of scenario.

that was one reason why I informed them about bitcoin. and luckily some of them are interested in it and will have no problem figuring it out themselves.

I also use notebook to list down all my e-mail, passwords and any important informations that can be used by my family. When mass adoption occurs, we don't need to list down all of these information and what we need to do to make sure that our bitcoin won't lose is to give our family a rights to get our bitcoin when we die just like a property heritage and since the mass adoption makes the bitcoin legal then we can also have a legal transaction with a court or attorney.

[verita1]

This is a tough question. But we must be prepared in a scenario like death to leave instructions to our relatives on how to access our Bitcoin or any other crypto that will be later for their benefit.
Among my wishes would have to be that my universal heir receives all my funds. I think OP's question is 100% valid and makes us wonder if we have everything in order. Thanks for this survey.

[AB de Royse777]

No itd just mean someone wouldn't be able to stumble across the transaction and spend it.

The other way is also possible but wasn't something I really wanted as I still want to be able to move my funds if I need to.

So the receiver will not be able to spend the coin until the date the coin set for unlocked but the sender still can move the coins anywhere if they want. I hope I understand it now. Which also means the receiver do not have the coin and it can be cancelled anytime.

But what if they come to know that you went dead and you have already made them aware of your btc by giving them both half codes but would like them to find each other through your instructions instead of telling them about both straight away?

They already know and both of them are from family, very close to me. I can trust them with my life. They know I have done it for security not that I do not trust them. They know that the reason not to give them the whole information is that it will risk them too. Like in accidental kidnapping, hypnotizing them and take the full info. Although I carry the risk but I can not just cut myself since I created the info.

[Wexnident]

My family doesn't even know about what crypto is, much less that I own some. Didn't really bother learning about how to send off my coins to my family after I died, if there was some sort of alarm style thingy or something, my coins would probably be permanently lost if a plane crashed into my house immediately right now.

Reasoning? Hmmm, my family isn't really one to be connected to the internet, much less to technological changes. Never really bothered teaching them, mostly because it would probably take TOO much time, especially since I myself am learning still on crypto. Plus, I'm a frustrated teacher, so it'd actually be better if I just told them to look up what Bitcoin is instead of me teaching them. They actually know about Bitcoin, though just the word. I really doubt they know what Bitcoin even entails, heck I'm pretty sure they think of it as something like an easy money making machine.

[Darker45]

The figures are quite amusing. It seems the two main possibilities are the extremes. One is that it will certainly be passed on or, two, not at all or 0%. I am now interested on why this is.

Anyway, I voted on the poll and chose 10% certainty. In my entire family of 5, there are only two of us who are deeply interested in crypto, me and my brother. The rest are barely aware of it. So if ever I kick the bucket right now, the only chance for my Bitcoins to get passed on is through my brother. The problem is that I am hiding as best as I can the private keys, seeds, passwords, PINs, and so forth that it might turn out a very difficult puzzle for him to solve just to get into my wallets or even laptop and phones.

I guess he won't be stopping until he breaks into them. The reason I chose a low certainty is that it is very hard, or so it seems to me, and he is not aware how much wallets I am maintaining to keep my cryptocurrencies, how much I own, and so on.

[carter34]

Oh really, this is a soul searching. A good reminder to me and many others here. It is a good one that we can start thinking about that. Death is not notice giving. I have to get someone close on the information about my wallet passphrase, this is important just incase anything happens. Thanks Op for such a good reminder. Though I have little fraction of btc but I need to secure it as the bull can increase it 

[Stedsm]

My brother was the person who got me into crypto, and that's why I have given him full access to my private keys where I hold some satoshis (yeah, my stash isn't that big but I believe I'll be holding some good amount of coins one day, or that these satoshis will be worth at least a few extra thousand dollars if BTC skyrockets to the level Satoshi expected it to, hehe). So I'm not worried about my demise and have 100% assurance that my BTC will get passed on to my current and/or future generations (if I manage to collect some  ).

[yazher]

If I suddenly died maybe my brother will study everything about bitcoin from the scratch and will manage to get everything in my wallet. I only choose 10% because the probability is not sure but he knows that I am keeping some money on my local exchanges since I was giving him to buy something he wants. At first, he couldn't believe it but who won't believe if you show them the money in front of them. I wrote every necessary thing he needs for getting everything I have once I am gone.

[Sebas.tian]

Most of my holdings will be gone forever but few of them will be recover by a brother if death strike now. Though this is wrong but due to unforeseen conflicts which are likely going to happen to brothers, in this am afraid to reveal all my true wallets keys to anyone. Hope God spare our lives till old age.

[BuNga_cute]

I am sure my heirs can access my wallet, if it is true that I die in the near future or even now. 90% chance of successfully
accessing the Bitcoin that I own, I have nothing to cover or hide about the Bitcoin that I own. Because I trust my spouse to
be the heir to my Bitcoin. But my spouse is a little difficult to understand everything related to technology, therefore there is
still a 10% chance of my legacy Bitcoin failing to be accessed by my heirs.

[fladnaG]

If this is possible, then I want all my bitcoins to go to my children after my death.

[Kelvinid]

I'll be honest to you guys if ever I pass today, doubted that one of my family member can access my Bitcoin account because none of them I have already been talked about it and tell them. They actually know what I'm doing but the problem is they don't have knowledge about this. Maybe I have to spend time and to let one of the trusted members of the family or a friend try to access my wallet but I won't let them to have the full admin of my keys. I only give all the records, the keys, address only to my partner, not to the other person.

[jackg]

Im bit interested with that time locked thing where you can able to have access and spent those coins in the time you had set. Would you mind on where i can see step by step time locking up your coins for such purpose?

I decided to make a thread on it here: https://bitcointalk.org/index.php?topic=5285003.0

It took me half an hour to work out what I was doing and I imagine there are still mistakes (to clarify most of the time was spent working out how to add images to this site again).

[carter34]

If this is possible, then I want all my bitcoins to go to my children after my death.

It is very possible to transfer your bitcoin hodling or any other coins to your children, heirs or estates but you don't just say it in the mouth and allow itvto stay in your leaps just there without action. You have to take such action of letting your securities codes to them or that person you trust and to teach the basic to them.

[Maestro75]

This topic is worrisome to me and it causes me deep regret that one day I will die and the few satoshi I may have will be left lying in a wallet and not claimed by my children or loved ones. I hope we get a way out of this ugly situation. It is a big concern for me.

My brother was the person who got me into crypto, and that's why I have given him full access to my private keys where I hold some satoshis (yeah, my stash isn't that big but I believe I'll be holding some good amount of coins one day, or that these satoshis will be worth at least a few extra thousand dollars if BTC skyrockets to the level Satoshi expected it to, hehe).

That is very thoughtful. But what if death calls on your brother before you, that still leaves you alone with your bitcoin and no backup. Do you have another backup to keep your bitcoin safe apart from your brother?

[kryptqnick]

It's interesting that currently the poll's most common results are 100% certainty and 0% certainty. I chose 100%. My spouse has access to my Bitcoin wallet, knows where the passphrase and the password are and knows how to use BTC. In case we both die, my father also has access to my wallet, but he'd have to look for it for a while before he finds it, so I'm not 100% certain he'd be able to access it. I've seen interesting ideas on inheritance (how to make it work so that your wallet is only accessed when you indeed die), but my opinion is that if you don't trust a person with your data now and think this person can spend your money even though it's yours, you should not leave access to your wallet to this person.

[maydna]

I am not sure yet if my family or brother and sister can use my bitcoin for their purposes because they still need more knowledge about bitcoin. I think the results for me are about 60%-70%. They know how to access bitcoin wallet from desktop, mobile phone, or hardware wallet, but they are not yet learning more about the trading and the exchanges. Perhaps, I need to add more explanation in the letter and in a file which I already made before that will explain more details that they don't know much, so they can start learning more if I pass away.

Besides bitcoin, I already explain that I have many altcoins in the hardware wallet, the multi-crypto wallet, and in the exchanges. But they think it is easy to access the crypto from the computer or mobile phone, but they are not yet touching the exchanges. I hope they can use all of my assets for their lives, especially to make my mom happy.

[Alucard1]

There is only one person who knows the details about my crypto wallet and that is my love ones, I already gave it to her last two months, I know that there are many things that could happen to me so to make them secured I let her know my seeds. I already told her how she can access my account and withdraw my money if ever things happen. I am just being futuristic, I don't want them to let without something to offer.

I didn't know this is possible. In fact this thing haven't crossed my mind so I'm very thankful for this thread because as of now, the only way I can find a way is to directly tell them and teach them to use cryptocurrency.

That's the good thing to do, you should now plan the things you need to do for them to access your account if ever something bad happens to you, giving it is not enough, you should also tell them about what are the things they might do to access the wallet, concert your assets into fiat currency, best exchange or anything to withdraw the money.