What happens to the coins after your death ?

[randegibran]

after our death of course we can no longer access.it into our account again unless.we give it to the people.closest to us.to give the password to someone we can fully trust to manage our account. because the account will exist completely because the account it is our own property that is legally.ours and cannot.be accessed.by.others

[Chato1977]

after our death of course we can no longer access.it into our account again unless.we give it to the people.closest to us.to give the password to someone we can fully trust to manage our account. because the account will exist completely because the account it is our own property that is legally.ours and cannot.be accessed.by.others

So the thing is we must be ready about all of this and as long as we are alive we must let the people we trust to have copy or idea from what we are having.
because all our effort will come into nothing once we died without them knowing where our funds and how to handle taking them out or at least continue holding it.

[suryana]

there is no solution for people who don't want to share the keys to their heirs.. From now on you must have someone you can trust to share the keys, or maybe your heirs. So that later it can be useful and useful.

[amihada]

there is no solution for people who don't want to share the keys to their heirs.. From now on you must have someone you can trust to share the keys, or maybe your heirs. So that later it can be useful and useful.

It's true that so that the coins we collect in the wallet don't disappear, there must be someone in the family that we can share the keys with. why do we collect a lot of assets but when we die it doesn't become an inheritance to the family, especially if we have children, they can't enjoy the results of our hard work.

[AicecreaME]

In most of the cases when the person dies, his crypto would become useless if his family member do not know about his keys.

I do not usually tell my password or keys to anyone and i know majority of the people don't do this. We are being taught to keep the keys safe.
No one think that one day he will die and in that case, his family won't be able to use those savings (bitcoin/crypto) if they don't know the keys.
Also people won't like to share keys with siblings or wife because they can misuse them . So what could be the solution to this 

If you are not really comfortable telling your closest family member or friend your password to your cryptocurrency accounts, there's no way they can access it the moment you die. They'll be no other possible option if you'll just keep your password to yourself. I understand the people who do not tell their passwords to anyone. It's just really a matter of keeping your funds, assets, and portfolios safe from unwanted withdrawal and theft. Because we can't really tell who's the trustworthy one unless we try it ourselves. Although, a lot of people don't want to risk trying it given the large chance of regretting later on.

If you are very uncomfortable with telling your passwords outright, you can try making some sort of riddle that your loved ones can solve if ever your unprecedented death happens. You can also write a last will and testament that has all the lists of your assets and the password for it with the instructions on when and whom to give it. Then, entrust it with a lawyer or put it in a safety vault. 

[South Park]

I already give my private key into my sister. Just in case, if something bad happen to me then she can still access my wallet. My sister is investing in cryptocurrency too, so we both know about the private key.

You do not really have an idea of how lucky you are, I have tried to get my family members to adopt bitcoin in the past and no one did, obviously they lament not doing so but now they think it is too expensive, so the fact that you can share your keys with your sister and that she can do the same with you gives you a lot of flexibility that many users do not have and instead we have to deal with complicated measures to try to give our coins to our family members but without them getting to those coins before it is the right time.

[temple]

I'm going to withdraw all my assets, when my son, wife, or I are sick, I think having assets for too long is also not good, because whenever human creation is going extinct, we just need anything enough for us, not to be overdone, I've also heard a billionaire lose his assets in cryptocurrency before he bequeaths it to his family.

I don't think the real problem is if you get sick and you can still think and act. The real problem is if you die in a car accident and even got you desktop locked with a password and your family may know you got crypto, but they have no clue how anything works. Most likely they will never be able to access it without undergoing the risk to getting it stolen. They could ask specialists to hack the desktop password, but that specialist might also be able to steal private keys and delete files.

[blackened515]

I already give my private key into my sister. Just in case, if something bad happen to me then she can still access my wallet. My sister is investing in cryptocurrency too, so we both know about the private key.

That was a good decision to make, because we don't know what the future holds for us. Another thing important is giving your private keys to a well trusted person, someone who understands Cryptocurrencies and how it works. I think is important we tell our family members the details of our Wallet(s), so, our coins won't be gone forever, if something bad happens. Because, is impossible for someone to have access to your wallet without the private keys.

[the rise]

I don't think I'm bequeathing it to my family, but I'm also not putting all my assets in cryptocurrency, and I'm still putting fiat first in this, that's so it's not hard for me not to, for my son and wife to receive an inheritance.

[Connor Britton]

If I did not tell my family my love of my passwords, if I die, my coins will be lost. The money I invested is equivalent to doing charity, but I have already told me my password My family, because they are also crypto enthusiasts, I have invested a lot of money in the crypto market and I don’t want to lose them, and my money is reserved for my children. After all, people can’t take money with them when they die.

[Pamadar]

I already give my private key into my sister. Just in case, if something bad happen to me then she can still access my wallet. My sister is investing in cryptocurrency too, so we both know about the private key.

That was a good decision to make, because we don't know what the future holds for us. Another thing important is giving your private keys to a well trusted person, someone who understands Cryptocurrencies and how it works. I think is important we tell our family members the details of our Wallet(s), so, our coins won't be gone forever, if something bad happens. Because, is impossible for someone to have access to your wallet without the private keys.

Indeed a good decision, whatever happen to you the assets that you have will continue to exist.

We have to deal with realities that no one knows how long we will continue to live, death is just there awaiting and in any moment it
will come and take us with it, moving back to the topic, without those private keys and knowledge to the person who you entrust the
information, those coins will be unuseful and no one will able to use it anymore.

[temple]

I already give my private key into my sister. Just in case, if something bad happen to me then she can still access my wallet. My sister is investing in cryptocurrency too, so we both know about the private key.

That was a good decision to make, because we don't know what the future holds for us. Another thing important is giving your private keys to a well trusted person, someone who understands Cryptocurrencies and how it works. I think is important we tell our family members the details of our Wallet(s), so, our coins won't be gone forever, if something bad happens. Because, is impossible for someone to have access to your wallet without the private keys.

Indeed a good decision, whatever happen to you the assets that you have will continue to exist.

We have to deal with realities that no one knows how long we will continue to live, death is just there awaiting and in any moment it
will come and take us with it, moving back to the topic, without those private keys and knowledge to the person who you entrust the
information, those coins will be unuseful and no one will able to use it anymore.

There is one big problem with giving your private keys to seemingly trusted people: imagine you get hacked and that hacker moves the coins, how are you going to go about it with your sister (in this case sister)? It will always have a bad taste if someone holds your private keys, the coins get moved and you actually got hacked. That's why we definitely need a blockchain based custodian system with time locks.

[vania vin]

true for our families like children and wives, we must know the assets that we have, otherwise all of our assets will die with us, later the assets that we store in our wallets become inheritance for our children with the condition that the key must be given to our wife or someone who can we believe.

[bitterguy28]

that's the risk of owning crypto. if we die the coin will die, but if we share our wallet with people around it will definitely be misused.
so maybe we have to have 1 trusted person from our family member to be able to access our wallet maybe our child or wife

Actually that is not a risk but a Security advantage , imagine if the bank will held your funds and you died without your family knowing the funds? it will be their money in time.

so with bitcoin no one will benefits unless it is our willingness to let them have.

that is our obligation , either let them learn our funds and have access or die the coins with us.

[Btcvilla]

this business will still exist and have absolutely no effect on our death, if this is indeed the case we will certainly give our account to the closest people we can trust and it is very important why we have to choose certain people in this case, because if he can continue what we have built so far, maybe he can inherit what we have for the future after our death in the future

[Quantum907]

In most of the cases when the person dies, his crypto would become useless if his family member do not know about his keys.

I do not usually tell my password or keys to anyone and i know majority of the people don't do this. We are being taught to keep the keys safe.
No one think that one day he will die and in that case, his family won't be able to use those savings (bitcoin/crypto) if they don't know the keys.
Also people won't like to share keys with siblings or wife because they can misuse them . So what could be the solution to this 

The best solution is to give the key to someone we trust, for example a wife, as long as she is a wife then there is no secret, so if we die then she can use bitcoin to meet the needs of children and families.

[Brorasael17]

So before we die we should give inheritance to our families.  if our assets no one knows then these assets will be stored forever.  I'm sure there are lots of incidents like this, but don't let us be like them.

[tiCeR]

that's the risk of owning crypto. if we die the coin will die, but if we share our wallet with people around it will definitely be misused.
so maybe we have to have 1 trusted person from our family member to be able to access our wallet maybe our child or wife

Actually that is not a risk but a Security advantage , imagine if the bank will held your funds and you died without your family knowing the funds? it will be their money in time.

so with bitcoin no one will benefits unless it is our willingness to let them have.

that is our obligation , either let them learn our funds and have access or die the coins with us.

I don't know where you are from, but rest assured if you live in a half normal country and you hold money with a bank, your family will also receive that money if you die. You are rather talking about highly corrupt countries I guess. We do for sure need better software solutions for the inheritance of digital assets, there is no doubt about that.

[South Park]

I don't think I'm bequeathing it to my family, but I'm also not putting all my assets in cryptocurrency, and I'm still putting fiat first in this, that's so it's not hard for me not to, for my son and wife to receive an inheritance.

This will work but only if you die of old age or at least have a decent idea that something could happen to you at any moment, but as we know many people die suddenly in which case your coins will be lost, this is a great problem and one that it does not have an easy solution but that we must think about otherwise we may face that scenario in which our coins are lost because we never told anyone about our seed words or private keys and what to do to recover those coins.

[Dewi89]

This will work but only if you die of old age or at least have a decent idea that something could happen to you at any moment, but as we know many people die suddenly in which case your coins will be lost, this is a great problem and one that it does not have an easy solution but that we must think about otherwise we may face that scenario in which our coins are lost because we never told anyone about our seed words or private keys and what to do to recover those coins.

We don't know when death will come to us but we also don't trust notaries without informing the family about the amount of crypto assets that have been stored in the exchange account, a very confusing situation but we have to act before it's too late.