Quote from: d1ceplayer on October 20, 2017, 07:49:35 AM

Quote from: Charisse1229 on September 28, 2017, 01:05:49 AM

Quote from: bytethecoin on September 26, 2017, 03:59:27 PM

Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.

Someday bitcoins are lost forever and no one would able to access it, i think for sure is, if you have a bitcoin, you need to exchange it emidiatly to be sure, and your money is save it to a bank, then if you have an emergency you have a money saved.

If the runner of bitcoin investment dies then it will create problems not for bitcoin but for his family because investment in bitcoin needs knowledge and skills and may his siblings dont have the idea how to continue and it will be worse thing for them. The bitcoin investment can be disturbed due to their interest. If it happens all over the world I am sure that the market cap will fell down so much.

The moment wealth is being transferred from one generation to another, so also I believe bitcoin can also be transferred all that is needed is to give the beneficiary the password and how to go about having access to it. After that whatever the beneficiary decided to do with it is no longer the owners problem after all he has gone. While some generation have been able to pass their wealth from one generation to another, others have been unfortunate to end it in their own era.