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What happens to your Bitcoin should you suddenly die?
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Topic: What happens to your Bitcoin should you suddenly die? (Read 3474 times)
Daniel91
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Activity: 3374
Merit: 1824
Re: What happens to your Bitcoin should you suddenly die?
January 28, 2015, 09:06:23 AM
#61
I think nothing
Nobody can use it, sell or cash out without your login/access info.
any way, it's always smart move to share your important info with someone you trust, your partner, family member etc. so that they can inherit your funds if something happen to you.
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Wendigo
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Merit: 1036
Re: What happens to your Bitcoin should you suddenly die?
January 28, 2015, 09:15:06 AM
#62
Quote from: kazuki49 on January 28, 2015, 09:03:21 AM
Quote from: Wendigo on January 28, 2015, 07:35:49 AM
Quote from: kazuki49 on January 28, 2015, 07:21:26 AM
I have an email on shedule for sending if I stay inactive for several months (aka dead), the email contains details like location and keys for a pendrive wallet, the pendrive is useless without the email and so is the email without the pendrive, I have yet to find a better way.
What if your email gets compromised and they steal your drive and bitcoins on it?
I see one of the two happening, but the two by the same agent is very unlikely, any way I rather 'risk' 50% of my holdings than just die and take everything with me, I dont really think much about it, I'm still in my 20s.
Isn't it better to include the flashdrive with your will when you are becoming old and not feeling very well any more?
pawel7777
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Activity: 2520
Merit: 1617
Re: What happens to your Bitcoin should you suddenly die?
January 28, 2015, 09:21:30 AM
#63
Quote from: Wendigo on January 28, 2015, 09:15:06 AM
Quote from: kazuki49 on January 28, 2015, 09:03:21 AM
Quote from: Wendigo on January 28, 2015, 07:35:49 AM
Quote from: kazuki49 on January 28, 2015, 07:21:26 AM
I have an email on shedule for sending if I stay inactive for several months (aka dead), the email contains details like location and keys for a pendrive wallet, the pendrive is useless without the email and so is the email without the pendrive, I have yet to find a better way.
What if your email gets compromised and they steal your drive and bitcoins on it?
I see one of the two happening, but the two by the same agent is very unlikely, any way I rather 'risk' 50% of my holdings than just die and take everything with me, I dont really think much about it, I'm still in my 20s.
Isn't it better to include the flashdrive with your will when you are becoming old and not feeling very well any more?
If you're old or not well and you're on the stage when you starting to think what happens after you die, then there's plenty of actions you can take. But this thread is more about the solutions that prevent losing BTC in case of sudden, unexpected death.
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