What will you do with your crypto assets when you get old?

[BALIK]

Interesting survey results! It's good to see most want to pass BTC to future generations, reflecting a long-term investment outlook. However, with only 7 votes, this sample is quite small, so it's hard to draw broad conclusions. I wonder if a larger sample would show similar trends or if there'd be more interest in selling or donating. It would be cool to see this poll run with more participants for a clearer picture. Also, no one opted for the more dramatic choices like deleting keys or burning - perhaps a sign of the community's faith in Bitcoin's future value?

Easier said than done and we are talking about a very distant future, so people can say whatever they like. I also see many people claiming that they will stick with bitcoin until old age, they will not sell or leave the market no matter what happens. But after a while, many of them no longer hold any bitcoins and they come up with dozens of reasons to justify their old claims.  .

• What will you do with your crypto assets when you’re old?

If I can keep them until then, inheritance is the only thing I can think of.

• Besides BTC, which token do you believe in for the next 50 years?

I invest in bitcoin and altcoins but when it comes to a coin to hold until old age (if possible), bitcoin is probably the only option at this point. Currently, no coin is as reliable in the long run as bitcoin but that may change in the future as the cryptocurrency market matures.

[Churchillvv]

I would like to know your opinion on this:

• Do you think crypto will become a part of personal finance in the future?
• What will you do with your crypto assets when you’re old?
• Besides BTC, which token do you believe in for the next 50 years?

• Michael Saylor’s plan to burn his Bitcoin after death – Following Satoshi’s steps?
  

Switching from bitcoin to crypto assets is quite in observable mistake.

Try to be realistic in every thing you do. in 50 years time that's quite a long term but then it's easy to say you would do some kind of shit in the nearest future but doing it becomes the problem.
Every day in this forum people explain how they want their bitcoin to be spent while they get old and some having doubts of passing such a great asset to they kids is what really suppresses me just as op be having doubts if they would manage his holdings well enough but to me, I have no second thoughts but to create a generation wealth with bitcoin, even though I'm no where on earth to have to decide how it should be spent, I'm definitely putting it into a business that would keep going even after death and perhaps my family would be taking the profits and live however they want to live.

[Baki202]

I don't believe there's a single right answer, but I have a family member who knows how to access my funds, and if I live long enough to be old, I think it would make sense to spend some assets and to give some to children/grandchildren, depending on the circumstances.
Sometimes people just need a little support to get things going, or could benefit from some financial security. I don't see why not help them out. Besides BTC, I believe Ethereum has a future. And I believe that Bitcoin will continue to grow over time, even though fiat will remain the dominant system.

And is not everyone that have family members they can confined in because how do you think it will feel when what you worked for is spent recklessly so the family you entrust with things like this should be some one that is worth it, I even prefer either spend it on my parents and kids even when am no longer there at least they have something they can always remember me for, and in the current world the inoovation of bitcoin have made everything very easy now because you can even will your assets to people, and even when they don't have access to it again they will be able to recover everything because of the seed phrase and if the case be that am still alive even if am old I should be able to do some things just not to stay idle, because staying idle is like one of the worst things that can be done.

[moneystery]

• Do you think crypto will become a part of personal finance in the future?

bitcoin has become my personal finance now, so there is no need to wait until the future because i myself have felt the real impact of bitcoin, and plan to continue to be involved in investing in it.

• What will you do with your crypto assets when you’re old?

when i am old, maybe i will pass my bitcoin to my child because i feel that it is quite a shame for me to let my bitcoin inheritance not be continued by any of my descendants. at least i hope that my child and some future generations will be able to inherit what i have in bitcoin.

• Besides BTC, which token do you believe in for the next 50 years?

i don't know, and i don't care about any coin that will be around in the next 50 years. because what i believe is that bitcoin will continue to exist in the future, even when new coins or more advanced technologies come and try to replace bitcoin

[AprilioMP]

I would like to know your opinion on this:
Do you think crypto will become a part of personal finance in the future?

Crypto? I don't know how the future will be like me but so far I feel only Bitcoin that I will make as my future financial plan that I save as an asset.

What will you do with your crypto assets when you’re old?

Enjoy. You might understand the purpose of enjoying.

Besides BTC, which token do you believe in for the next 50 years?

There is nothing I believe because their amount is unlimited. They will not be a rare asset.
For a long period of time, I just believe in Bitcoin.

[DPHOR]

We don't need to think about what we should do with our cryptocurrency assets because we know with time when we get older in a way we can't manage our assets it's either we handle them over to offspring And to people whom we think are that trusted to hold it to the next generation if properly being managed.
Many people who doesn't have family or children may decides to use If for charity, that is other ways to help mankind and if we give to the poor is another way show how generous we are to people.

[Richbased]

I would like to know your opinion on this:

• Do you think crypto will become a part of personal finance in the future?
• What will you do with your crypto assets when you’re old?
• Besides BTC, which token do you believe in for the next 50 years?

For the first question, Cryptocurrency is already a personal financial support system so the future you are talking about is obviously here as we all have seen the performance of some cryptocurrency especially bitcoin because it has really performed with an unimaginable speed so there's no need to doubt it's future anymore.

As for what i will do with my crypto asset when i get old? Isn't it money we are talking about here? what more can one think of at old age if not handing over your wealth to your children to continue in your legacy.

For the third question, besides bitcoin, i don't have any alternative coin that i can trust and have confidence in same way i have for bitcoin so it's either bitcoin or nothing else.

[Agbe]

Since bitcoin is an asset I will be given to my children. But since you didn't mention dead but old age. I will will come out the assets and use the portion that belongs to me to spend until God called me. But you have to know that you can only give out if you have invested enough. So in your old age, there should be a question again. How many bitcoin is in you wallet. In you old age, you have to properly taking care of yourself so if the BTC is not much I will use it to take care of myself until you go beyond the world. And anyone that is left the child will use it. So it is good to tell your children your seed phrase in your 80s.

[serjent05]

I would like to know your opinion on this:

• Do you think crypto will become a part of personal finance in the future?
• What will you do with your crypto assets when you’re old?
• Besides BTC, which token do you believe in for the next 50 years?

• Michael Saylor’s plan to burn his Bitcoin after death – Following Satoshi’s steps?
  

Crypto had been already part of my personal finance since years ago and are the many people who are enthusiast about cryptocurrency.  If we observe the event that happens recently, we can already say that crypto specifically Bitcoin is already been a part of personal finance of many people.

I keep on holding my crypto asset when I grow old while occasionally cashing out to finance my needs.  I also intend to do trading or investment with it so that it won't just be diminished from my personal needs.

I am somehow open-minded and think that ETH will be another cryptocurrency that is good to keep, I also think that in the span of 50 years there will be new emerging crypto that is worth keeping.

[Cityhunter34]

I would like to know your opinion on this:

• Do you think crypto will become a part of personal finance in the future?
• What will you do with your crypto assets when you’re old?
• Besides BTC, which token do you believe in for the next 50 years?

• Michael Saylor’s plan to burn his Bitcoin after death – Following Satoshi’s steps?
  

The question you should asked yourself is that why do people save money?
If you can answer this question then I see no reason for all these questions here. Like I know, people invest for future purposes and when the needs raises they would definitely pull off their investments to sustain their Life and something more helpful to them. Personally, if I have sufficiently enough at old age then I wouldn't mind willing it over to my children and of course Many of us who investing today are doing it for the sole purpose of future usage and willing it to my children is the best thing to do knowing they have come of age to be able to handle the amount of Bitcoin that would be in my procession.

You are absolutely right, I think he would have ask himself that question first before thinking of creating this thread. All our hustling today is for future purposes and also for our children usage, because once you set up a good investment plan now, it will be more easier for you to live happily at your old age. while because you have already acculate enough Bitcoin that would serve you till your entire life, and even if you are no more your children can continue from were you stop without having any difficulties.

[davis196]

Do you think crypto will become a part of personal finance in the future?
What will you do with your crypto assets when you’re old?
Besides BTC, which token do you believe in for the next 50 years?

I hate planning 30 years ahead. God might laugh at your plans. What if you (and I) die tomorrow? All those "What will I do with my wealth, when I get older?" questions will become pointless. You never know what is going to happen with your life.
50 years is a bit too much. Do you even believe that crypto will be a thing after 50 years? I certainly don't believe that Bitcoin(and the altcoins) would still be around after 50 years. Maybe quantum computing and AI will kill crypto, or maybe crypto will evolve into something completely different.
I totally don't care about what Michael Saylor(or any other crypto whale) would do with his BTC holdings.

[nakamura12]

It will be the same as fiat where you have a savings or retirement plan when you get old. Many people are using bitcoin not because of earning money today but also having money when they get old. Some people are even holding their crypto to pass to their children like a will or something. When you read the replies here is you will be able to read some of their intentions when they get old which is what I also my point when people get old.

[fikrett]

It will be the same as fiat where you have a savings or retirement plan when you get old. Many people are using bitcoin not because of earning money today but also having money when they get old. Some people are even holding their crypto to pass to their children like a will or something. When you read the replies here is you will be able to read some of their intentions when they get old which is what I also my point when people get old.

It's clear that most out there would pass their portfolios down the line, like a treasure which was already found and cracked open.
And I do think it's a good thing - if the heir in question would be able to do the same and hodl 

[fuguebtc]

I hate planning 30 years ahead. God might laugh at your plans. What if you (and I) die tomorrow? All those "What will I do with my wealth, when I get older?" questions will become pointless. You never know what is going to happen with your life.
50 years is a bit too much. Do you even believe that crypto will be a thing after 50 years? I certainly don't believe that Bitcoin(and the altcoins) would still be around after 50 years. Maybe quantum computing and AI will kill crypto, or maybe crypto will evolve into something completely different.
I totally don't care about what Michael Saylor(or any other crypto whale) would do with his BTC holdings.

This is a pretty pessimistic view and many people will disagree with you because they are daydreaming about bitcoin dominating the world in the future. But I somewhat agree with you, I even doubt whether crypto can survive in 30 years, let alone 50 years or 100 years. Agreed that bitcoin/cryptocurrency is a great invention but with the development of technology as it is today, it can actually threaten the future of cryptocurrencies if they do not adapt in time. In other words, bitcoin cannot compare to gold, cryptocurrencies cannot compare to traditional markets.

I guess most of us are not too old and too early to think about retirement or inheritance and our lives are pretty tough right now. So thinking about what we will do in the next 50 years sounds pointless, we should focus on the present and what is in the near future.

[john_egbert]

I hate planning 30 years ahead. God might laugh at your plans. What if you (and I) die tomorrow? All those "What will I do with my wealth, when I get older?" questions will become pointless. You never know what is going to happen with your life.
50 years is a bit too much. Do you even believe that crypto will be a thing after 50 years? I certainly don't believe that Bitcoin(and the altcoins) would still be around after 50 years. Maybe quantum computing and AI will kill crypto, or maybe crypto will evolve into something completely different.
I totally don't care about what Michael Saylor(or any other crypto whale) would do with his BTC holdings.

This is a pretty pessimistic view and many people will disagree with you because they are daydreaming about bitcoin dominating the world in the future. But I somewhat agree with you, I even doubt whether crypto can survive in 30 years, let alone 50 years or 100 years. Agreed that bitcoin/cryptocurrency is a great invention but with the development of technology as it is today, it can actually threaten the future of cryptocurrencies if they do not adapt in time. In other words, bitcoin cannot compare to gold, cryptocurrencies cannot compare to traditional markets.

I guess most of us are not too old and too early to think about retirement or inheritance and our lives are pretty tough right now. So thinking about what we will do in the next 50 years sounds pointless, we should focus on the present and what is in the near future.

We can't be sure, but we surely can hope and speculate.
And regarding the quantums - if there would be a way, potentially, to break Bitcoin with it, it wouldn't be used on it primarily. There would be a bigger fish to fry, and by the time quantum tools would become widely used, I think Bitcoin would already be ready for it.

[TheUltraElite]

I believe bitcoin will become a part of personal finance after some years with the current increase of mainstream adoption. I would definitely be spending it and saving it.

When I would get, I would pass it on to my next of kin, teach them about its importance and how I had collected it over the years and make sure they are well aware of the risks and benefits associated with bitcoin.

I dont believe in what some famous people might do with their bitcoin, you cannot trust them. You have to support the future of your family - that is your legacy.

[Y3shot]

We don't need to think about what we should do with our cryptocurrency assets because we know with time when we get older in a way we can't manage our assets it's either we handle them over to offspring And to people whom we think are that trusted to hold it to the next generation if properly being managed.
Many people who doesn't have family or children may decides to use If for charity, that is other ways to help mankind and if we give to the poor is another way show how generous we are to people.

I think everyone knows the better way of how to handover their asset when they get old. To some people who already have children and grandchildren they may decide to pass it on to them, and to those who may not have anyone who they can give, they may decide to donate it out. Let's just concentrate in our investment and to enjoy the profit of it now we are young, when one gets old and have nothing to do with it, we know the best way in which we can give it out which it won't be a waste.

[FortuneFollower]

I believe crypto will play a crucial role in personal finance in the future especially as decentralized systems and digital assets continue to gain acceptance. People might rely on it for everything from savings to inheritance and even as collateral for loans. it's already becoming a hedge against inflation for many

Don't think the fiat would be gone, crypto would still coexist with it, because currently, you won't be using crypto for small purchases, all the time.
For big ones - surely, it is viable.
So people would rely on both.

[_act_]

I believe crypto will play a crucial role in personal finance in the future especially as decentralized systems and digital assets continue to gain acceptance. People might rely on it for everything from savings to inheritance and even as collateral for loans. it's already becoming a hedge against inflation for many

Don't think the fiat would be gone, crypto would still coexist with it, because currently, you won't be using crypto for small purchases, all the time.
For big ones - surely, it is viable.
So people would rely on both.

He did not post that cryptocurrencies will take over fiat in a way that fiat will become obsolete. He posted about how cryptocurrencies will become a hedge against inflation and other ways how people will utilize cryptocurrencies. But it is also good to know that cryptocurrencies are like dump and dump projects, but only few are good in long term. If you are talking about hedge against inflation, that should be bitcoin. Bitcoin is a hedger against inflation.

[Judith87403]

Is obvious that bitcoin is a very good asset that can profit one in the future so if it happens to be that I'm no more as long as I have a wife and children of course my children can still profit from it you know bitcoin investment is just the same as buying a land maybe you can decide to make it a rental property by doing this you have just set a good asset that will profit you in the future and as well your children probably when you get old your children will be the one to take care of those asset you built for them. Of course before I will think of getting old first I will give them access to all my assets because no one knows when the unknown death" will come.