A advise to my friend about his decision

[Lorence.xD]

Many people lack basic knowledge of bitcoins.
 I became interested in this topic when I learned that a friend of mine was so ignorant of bitcoin that he recently received bitcoins from his father, but he had no idea what to do with them. As a result, he tried to reject the inheritance and was spared from having to argue with the lawyer who was reading the deceased father's will, which was being read aloud. Why wouldn't someone, he insisted, give him some houses and perhaps some cash so he could launch a new business?

But while his father decided to give him bitcoins, my friend was furious and even left the house because he believed his late father had given him some money out of hate for him. When my friend came to my house to tell me the story, I encouraged him to collect the coins and learn more about bitcoins, and he was furious to listen to me until I started the show and started explaining it to him. At that point, he was happy and walked back.

From your story OP, that's sad to hear about your friend's loss. It seems both of you are not knowledgeable yet in Bitcoin. But before acting up mad at something that your father left behind you, why not search the purpose first right? Like how Bitcoin works what's its purpose something liek that, we are already in the era of the internet where everything can be searched up. Because if I were your friend, of course I would be curious on something my dad left for me so I would gather some knowledge for sure it would take long because Bitcoin is not something you would learn by just a week. It's a complicated system where you really need to be familiarize on it. If he decided to hodl it for a long time or sell it already then it's up to him since his father already left the authority to his son.

[Cantsay]

~~~

It’s been a long time since I last laughed hard like I did while going through your post.

Like you could have done more than just sit down and formulate a BS story, the whole post sounded like something we normally see I’m movie. I don’t know what made you create this thread but if it’s for merit fishing, from what I can see it’s not working.

There are stories that when you start to read you’ll see some truth in it but yours have nothing like that in it, JSYK  we have seen stories like this before in this past so it’s very easy to identify it once we see it. Better luck next time Op.

[ImThour]

I would say half knowledge is dangerous. Instead of you teaching him about Bitcoin(s), you should refer him to other individuals who are greatly in this topic. You can read many articles and blogs available on the internet and then share it with your friend instead of you teaching him in your way. Even if he's not a English speaker, he can surely translate the guide/pdf and understand. Learning the basics of any topic is very important, Trading or Money is not Bitcoin.

[Baofeng]

Your account was newbie means you just created an account here? Or you already have knowledge about bitcoin even without knowing this forum exist?

I have been exposed to bitcoin over the past two years, I do in fact have knowledge and a great deal of knowledge about it. I was just introduced to this forum by a friend, and I'm excited to be a member because it will allow me to learn more about bitcoins.

No doubt that majority of us here wants to learn bitcoin and we might have a deal of knowledge even prior to joining here, I will give it to you.

However, as others have said, the story seems to be like "too good to be true". And so there are a lot doubts and questions whether it is true or not. So we will leave it to the community to decide. But if this is true, then best of luck to your friend and hopefully his inheritance from his father won't be wasted and hopefully you will teach him how to protect his bitcoin first and then in the future, make more money from it by just HODLing.

[sokani]

Many people lack basic knowledge of bitcoins.
 I became interested in this topic when I learned that a friend of mine was so ignorant of bitcoin that he recently received bitcoins from his father, but he had no idea what to do with them. As a result, he tried to reject the inheritance and was spared from having to argue with the lawyer who was reading the deceased father's will, which was being read aloud. Why wouldn't someone, he insisted, give him some houses and perhaps some cash so he could launch a new business?

But while his father decided to give him bitcoins, my friend was furious and even left the house because he believed his late father had given him some money out of hate for him. When my friend came to my house to tell me the story, I encouraged him to collect the coins and learn more about bitcoins, and he was furious to listen to me until I started the show and started explaining it to him. At that point, he was happy and walked back.

Your story looks fabricated and many things did not add up. You only told us the father left the son (your friend) some Bitcoin as an inheritance but you didn't tell us about the seed phrase, where it was kept. Was the lawyer the one who handed over the seed phrase and how did he do it? This is something that should only be known by the owner (the late dad), and the lawyer just handed it over to him in an envelope? I know of possible instances through which this might have occurred but your story is just fake.

[Kakmakr]

His father gave him a double inheritance...

1. The monetary value of the coins - I do not know how many coins he gave him, but you said "coins" so I assume that it is a lot.

2. Knowledge is power - He forced him to expand his knowledge and I bet you he is better off by gaining this knowledge.

Good job, turning this guy from making a huge mistake.... and guiding him to a bright future.  

[mvdheuvel1983]

But while his father decided to give him bitcoins, my friend was furious and even left the house because he believed his late father had given him some money out of hate for him. When my friend came to my house to tell me the story, I encouraged him to collect the coins and learn more about bitcoins, and he was furious to listen to me until I started the show and started explaining it to him. At that point, he was happy and walked back.

Assuming this story is true, respect to the dead but your friend's father didn't do well when he was alive. The responsibility of every father is to teach them, to pass onto them knowledge and skills that would make them succeed in life and family even after they are gone. If your friend's late dad had taught him what Bitcoin is and it's true potential then he won't have reacted the way he did. Secondly, the lawyer on the other should have don his due diligence and told the boy what Bitcoin is. Well, this story sounds too simplistic to be true. It lacks a lot of intricate details.

[bitzizzix]

My question is do you have any knowledge of Bitcoin and if yes, you only need to tell your friends that Bitcoin is very valuable and also has value because with this maybe your friends will realize it because they are tempted after knowing the price of Bitcoins if converted to fiat. And after that you can provide basic knowledge according to what you know and also tell the functions and benefits of Bitcoin.
And if you don't have much knowledge about bitcoin you can look it up or tell your friends to search the internet as there is a lot of knowledge about just about anything you want to know including Bitcoin.

and your initiative is good to realize and guide your friend that Bitcoin which he inherited from his father after his death is actually very valuable, but by the way. Do you know how many bitcoins his father inherited, because this is also important for his security.

[worle1bm]

How many years earlier this instance took place? As you are saying I am surprised that anyone would be furious about inheriting some bitcoins as most of us have heard about it whether in positive or negative way.When you talk to him even if you have showed him prices at current he would have thanked his father for the same but still if he gets in touch with it and learn more about it he will come to know it's the true money over which he can have control.

[Marvell1]

You are newbie and want to teach your friend. Are you knowledgeable enough to teach your friend?

I doubt any newbiew can teach about Bitcoin and when you are learning, you must be more careful with your words in conversation as if you make mistakes in knowledge, security advice, you don't help your friend but do something harmful.

Just because he's a newbie on the forum doesn't mean he's a newbie in the market, not all bitcoin investors will have an account and be active on the forum, mate. But even if OP is new but as long as he has basic knowledge of bitcoin he can explain bitcoin to someone who has never heard of bitcoin. He was just trying to talk about the value of bitcoin with his friend, so it shouldn't be a problem and requires a lot of knowledge to do so.

If your friend inherites it from his father but wants to reject it, why should you engage in?

I am unsure how his dad can leave information about bitcoin private key, seed to your friend and how the lawyer engages in this case. It is risky to share private key in an inheritance document and leave it to a lawyer.

This story sounds fictious.

But I agree with you, this story sounds fictional and it's not clear at all. We can't be sure OP's story is purely fictional, but OP needs to provide more details to make it more real.

[purinZ14]

Not only do a lot of people lack basic knowledge about bitcoin but a lot actually do not know the existence of it. Bitcoin has grown tremendously over the years and more and more are being encouraged to learn about it however there are still portions of the world that may not know what bitcoin is let alone how does it work. I can’t blame your friend for having such a reaction if he really didn’t have any idea at all. I found out about bitcoin because of my father and is the very reason why I’m here in forum trying to learn more about cryptocurrencies. It makes me wonder why didn’t his father (may he rest in peace) talked to him about cryptocurrencies especially when it seems like he has a great amount of knowledge about it. Nonetheless, it’s great that you talked him back to it because that would’ve been such a waste if he didn’t accept it. There’s still a lot more to learn in bitcoin and I hope he learns a lot and make the best out of those coins.

ps. sorry for his loss

[michellee]

Maybe your friend doesn't want to know about world developments or, more precisely, the current developments in financial technology. Hence, he gets very angry when someone pushes him to collect more Bitcoins. That's okay because I guess you can just let him go and let him think about what to do.

A person's rejection of new things or things he doesn't know is normal. But if he is willing to open up and start learning about things he doesn't know, it can provide new knowledge that might benefit him.

But I admit that his father was wise in wanting to prepare for his son's future by giving him Bitcoin. His father has tried to give something that may be more valuable than inheritance, property or gold and your friend should be able to appreciate what his father will give. Let's hope your friend realizes he made the mistake of rejecting the Bitcoin his father gave him.

[Die_empty]

Many people lack basic knowledge of bitcoins.
 I became interested in this topic when I learned that a friend of mine was so ignorant of bitcoin that he recently received bitcoins from his father, but he had no idea what to do with them. As a result, he tried to reject the inheritance and was spared from having to argue with the lawyer who was reading the deceased father's will, which was being read aloud. Why wouldn't someone, he insisted, give him some houses and perhaps some cash so he could launch a new business?

Ignorance is one of the greatest diseases in the world. Ignorance can make someone act like a fool. His problem was that he doesn't know the worth of bitcoin. It is quite unfortunate that many people are still unaware of Bitcoin. If he had known that a few coins can get him a house and business, he would have been happy with his dead father.

But while his father decided to give him bitcoins, my friend was furious and even left the house because he believed his late father had given him some money out of hate for him. When my friend came to my house to tell me the story, I encouraged him to collect the coins and learn more about bitcoins, and he was furious to listen to me until I started the show and started explaining it to him. At that point, he was happy and walked back.

It is good you encouraged him to accept the coin. But your guidance has not ended. You should teach him how to keep his coins on a decentralized and open-sourced wallet. And he should also learn how to keep his seed phrase and password safe. He should be aware of the risk involved in keeping his coin such as hacks and other threats. Considering keeping his coin in an air-gapped wallet might also be a good option.

[zaim7413]

Somehow someone wants to pass Bitcoin on to their child without teaching them first, I think this is the wrong decision and will be a gap in the distribution of inheritance because the recipient does not understand a bit about Bitcoin. When the attorney reads out the will whether the sheed phrase/private key is also attached as the only way to access the inherited wallet, then what if the attorney knows how to access the wallet and then transfers some of the Bitcoin in the wallet.

I also don't know how deep your knowledge (as a Newbie in this forum) is about Bitcoin so you have the courage to teach your friend. I don't know if this story is true or fictitious, but there is a very important message in your story that other Members can learn from. Before deciding to bequeath Bitcoin to heirs, it is necessary to educate them about Bitcoin so that there is no confusion for heirs when the will is read.

[posi]

How many years earlier this instance took place? As you are saying I am surprised that anyone would be furious about inheriting some bitcoins as most of us have heard about it whether in positive or negative way.When you talk to him even if you have showed him prices at current he would have thanked his father for the same but still if he gets in touch with it and learn more about it he will come to know it's the true money over which he can have control.

That's the point where I suspect the author's story is fictitious. If his friend is an older person, I wouldn't be surprised they've never heard of bitcoin because they wouldn't care. But if both are young generation and frequent social media users, it is hard to believe that they have never heard of bitcoin. My friends don't have too many people invested in bitcoin, but when asked about bitcoin they all know it's an investment or an asset...So I really don't believe the op's story is true.

[abel1337]

Many people lack basic knowledge of bitcoins.
 I became interested in this topic when I learned that a friend of mine was so ignorant of bitcoin that he recently received bitcoins from his father, but he had no idea what to do with them. As a result, he tried to reject the inheritance and was spared from having to argue with the lawyer who was reading the deceased father's will, which was being read aloud. Why wouldn't someone, he insisted, give him some houses and perhaps some cash so he could launch a new business?

But while his father decided to give him bitcoins, my friend was furious and even left the house because he believed his late father had given him some money out of hate for him. When my friend came to my house to tell me the story, I encouraged him to collect the coins and learn more about bitcoins, and he was furious to listen to me until I started the show and started explaining it to him. At that point, he was happy and walked back.

I think your friend doesn't kniw what is the actual value of bitcoin he was about to recieve. Try to recommend him about trying to convert the total bitcoin he was about to recieve in your local currency, he might get some dedication because of the value of bitcoin. If he's interested enough and ask you to teach him about bitcoin, you can refer him to valid resources online on how to use his crypto but if he only wants to sell it for fiat, You can't force him to hold the bitcoin so just help him in converting it to fiat.

Maybe his father has some reason why he make him recieve a bit oin instead of physical properties, I rhink his father is thinking about the future and I like it.

[dothebeats]

Your account was newbie means you just created an account here? Or you already have knowledge about bitcoin even without knowing this forum exist?

I have been exposed to bitcoin over the past two years, I do in fact have knowledge and a great deal of knowledge about it. I was just introduced to this forum by a friend, and I'm excited to be a member because it will allow me to learn more about bitcoins.

First of all, welcome to the forum. Secondly, as long as what you are introducing and teaching to your friend is based on research (that is credible) and not just something you randomly found on the internet then good. Sharing your experience with your friend can help too, but always give caution that some things are different for every person and situation. I hope you enjoy your stay here and find knowledge as well as information that you can use and share to your friend.

[BD Crypto]

This post doesn't contain detailed information and it looks like self made because who actually send to his son Bitcoin who don't know about it?
Do you send someone who have no idea about Bitcoin? Obviously I won't do it. And as you have posted, I think your friend's father is well known with Bitcoin. So why he won't teach his son before sending it? Otherwise he may lost it because of the lack of knowledge. Who don't have a basic idea about Bitcoin like what is it or how to use should not receive Bitcoin. Anyone can learn then from Google or YouTube with proper details.
So never share something meaningless because this is a discussion platform not your social timeline.

[blockman]

Are these stories that are being told in this section real? They're like coming unstoppable. Anyway, going on this discussion, someone who has received Bitcoins as an inheritance is likely to first do some research on the internet and will finally find it out that those bitcoins he has received has value. Maybe, the worst situation is that person don't like researching but I guess even the slightest interested person will do so upon receiving a gift or inheritance especially if it's involving yourself to receive it like a gift. Because in reality that I've found out, even if a person doesn't like bitcoin but if you offer to give it for free, heck they'll say and agree to it if it's for free.

[yudi09]

-snip-

There is something odd about this story. Hopefully I'm not wrong with the contents of my mind trying to understand what you wrote about a story of a child who received an inheritance from his father.
In a will written by the father of your friend which contains bitcoin, it means that there is also an address and a private key or seed phrase. It is possible that the lawyer in this story already knows and can take the bitcoins inherited from his father.

Alternatively, if the contents of the will read by the attorney do not include the private key or seed phrase of the bitcoin address, the attorney already knows where your friend's father kept it. This means that in the near future the place where the seed phrase reserves are stored will disappear.

OP, I have no doubts about the knowledge of bitcoin that you master, even though you are still a newbie here. I doubt the truth of the story you bring.