Good question child_harold!

Until IOTA client is available the funds stays in genesis as nobody can move them from one account to another.
As soon as client is available you can use the password to transfert the funds into your own wallet and leave the genesis account empty.
And as stated in 4) I stay available to help you in this step if you want to be sure (and you will).
So everybody win,
You with a legitimate genesis IOTA account you can transfert into any other account in the world.
Me with 6 bitcoins.