Post
Topic
Board Bitcoin Discussion
Re: What will happen to bitcoin in our wallet when we die
by
Searing
on 25/07/2015, 10:22:01 UTC
If we are having bank account with our name on that, and suddenly we die, what happens to our bank account then? Here's a guide to help you figure out where the money from a bank account goes after death so that you can make an informed decision about what you want to do in http://www.huffingtonpost.com/mybanktracker/what-happens-to-your-bank_b_4860213.html

And then, what will happen to our bitcoin when we die?

All my btc and ltc is in paper wallets and in a safety deposit box at my local bank. (Yeah I'm a bag holder)

My brother who lives locally is also on the card to open the safety deposit box should
I get hit by a truck or some such. Also I keep a book of all my passwords etc in there and my house purchase info etc and other important
docs in case my house burns down when away or some such.

Now that I've done all this what I suspect will happen in 30 years or so....is this:

I"ll be sitting in the old folks assisted living place by then......I will be informed that my bank was robbed and the safety deposit boxes were ransacked..and I will be like

'crap......millions come and millions go'.... Smiley


(its how my life rolls don't ya know) Smiley

anyway if the above happens or a meteorite takes out the bank it will just go to show the "asic miner gods" always hated me Smiley I also have the works sealed in a water proof pouch
in case the bank has fire issues or some such (sprinklers) Smiley Hopefully this should be paranoid enough..and yes these are my ONLY copies of the paper wallets nicely sealed etc

but again if the above paranoia is not enough well to heck with it .......fate just hates me at that point ....and I'll have proof Smiley