Post
Topic
Board Bitcoin Discussion
Re: If the bitcoin holder dies
by
Emoclaw
on 21/12/2017, 12:38:59 UTC
These Bitcoin are lost permanently. It is not (and shouldn't be) possible to access or recover Bitcoin from a wallet without knowing the private key & password.
There are many people who have lost access to their wallets for several reasons, and thus can no longer access the Bitcoins that they may have held in the past.
This is why everyone should take precautions such as backups and entrusting the private key to a trustworthy person.