Post
Topic
Board Bitcoin Discussion
Re: What would happen to your BTC and alts if you died ?
by
Blackdeath
on 28/04/2017, 05:54:39 UTC
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 ?

I don't have large amounts of bitcoin to hold and usually i sell my bitcoins to fiat very fast,so i don`t care that much.
You are right,they won`t be recovered after you die,unless you share your passwords with your relatives.
If you know you might die(expectedly), you should have made your account's list and passwords and make your statent in which you are going to inherit your wealth with description. If you are about to make a list, it's better if you put it on a notbook so that it would be accruate and will be found easily.