Post
Topic
Board Bitcoin Discussion
Re: What happens with my crypto when I die?
by
bug.lady
on 07/03/2018, 12:45:29 UTC

Silly question right? Smiley
Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks.

Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell.
Some like:
* death... obviously
* house burns down along with hard wallet
* one can accidently loose his cold storage or hard wallet
* maybe other you figure out and I add them

So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks?


I encurage everybody to engrave their secret in steel or copper. It will survive a house fire and it is not so easy to lose as a piece of paper. On the other hand, the secret should be divided into two separate pieces stored in two secret locations (with your family members knowing exactly where) in case one is stolen.