Quote from: Kemarit on April 26, 2017, 03:13:25 PM

Quote from: Red_Sanford on April 26, 2017, 01:47:26 PM

I have accumulated some Bitcoin and other alts. Most of my holdings are in a single wallet yet I have a few on different platforms and one left on an exchange. I have tried to explain this to my spouse yet there is not a full understanding. If I died I am confident that all of this would not be recovered.

This weeks project is to write an encrypted note detailing where are the holdings are and how to access them. Even with access, the knowledge is not there to be able to convert the holdings to fiat if necessary.

What is your situation ?

This is a good thread. It open my mind to what might happen if I don't left my bitcoin to my family. I'll probably write done details instruction on how to access my wallet just in case. I haven't open to my family regarding bitcoin so this might be a good idea to start right now. All my hard work earning/saving bitcoin will put to nothing if I don't have someone know about it and transfer my knowledge. Good candidate is my wife and my youngest kid who is very inclined to technology. We never know what will happened in future so I'm going to transfer all information moving forward.

Yes indeed it is. It has made me think of the situation as well. Like me and you we may have some other friends who had never thought of it before. I do maintain a daily diary and write things in it but not in that much detail.

I am going to write in detail about all my bitcoin and alts that I have, also I am thinking of something to make some visuals of it so it may put ease for my family. I am in continuous plans about these, because I could not make any concrete solution as of now. I believe we will be getting any easy methods/tools for solving these problems.