Post
Topic
Board Bitcoin Discussion
Re: Saving Bitcoins for your Children.
by
Cold-Heart
on 14/12/2017, 14:53:38 UTC
Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
Don't you think that bitcoins would increase and maintain its value for all those years? But then we don't know what would happen if it increase, then your kids would have an allowance or a budget that could be spend for their needs. But when it fall, you just lost a big amount of value for your kids and just regret everything about investing it for a long time.