Out of mind (OP)
Sr. Member
  

Activity: 1246
Merit: 448
I like to treat everyone as a friend 🔹
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Today at 06:09:45 AM |
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Although this question is very complex, what happens to the Bitcoin assets you leave behind in your absence? We know that humans are mortal, every living being has to die, so this question has arisen in my mind. When you store your Bitcoins, should you trust them to your family or keep them completely secret?
We know that Bitcoin ownership is completely under your control, no bank, government, or third party can freeze your funds if they want to. When a person owns a few Bitcoins, if none of their family members know about these assets, if they suddenly die, these assets will be lost forever. When such an event occurs, the family does not know where the Bitcoin is kept, what the passphrase is, or how to retrieve the assets. Then the entire money will be wasted. No one will be able to enjoy the assets of a person's life. It will be forever and his family will not get anything. In that case, there are many who trust their family, while there are many who are most vigilant about their privacy. Those who do not trust their family to protect their privacy, then their money is lost forever, while there are many who trust their family and teach someone about Bitcoin. When that person dies, if a family member is educated in Bitcoin education, he will definitely be able to retrieve the assets left behind and enjoy them.
Considering all aspects, should those who invest in Bitcoin and become Bitcoin owners train their family members? Or should they keep it completely secret?
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