Post
Topic
Board Economics
Re: What will happened to bitcoins after one died?
by
BunnyShibe
on 22/10/2017, 21:02:44 UTC
Who owns the bitcoin after someone died?  How to state this in the will? Please share your thoughts.

The bitcoin will hide if no one will know that person e-mail address and password, so i think we should keep our e-mail address in a note ,just in case we are in emergency our family will own our bitcoin .
One should share his private key of wallet with someone trustworthy so that if he will be no more than that trustworthy person can access the coin to use them in time of need and this will be a really good approach so that you loved ones cannot get into any trouble of finance after user death and there must be a primary email at the signup so that one can use coins and this will give them benefit as in past,
Yeah that’s the right way to transfer coins to the family of the passed person and there must be a form at the start signup of the wallet that to the trust worthy information and one must have to share private key with him so that after him in time of need there will be no difficulty for the money and if this system will be implemented then every coin will be safe and they will definitely delivered to their owners lefts.
I think in real it can be possible to have a form and through a proper way you can transfer your assets to your dear or your children and other family member, but I think case of bitcoin or any other  currency the option option you have to share your private key to your family, we usually do share our secret information with our wife our children and in fact they are the real insister of  your assets. so through this way we can transfer our bitcoin to the right person.