Post
Topic
Board Bitcoin Discussion
Re: How to pass on bitcoins to your children/beneficiaries
by
linuxnewbie
on 22/09/2013, 08:59:39 UTC
I am trying to figure out how to pass on bitcoins via trust or will or some other service/instrument.


I haven’t really fleshed it out yet, but for myself, I’m considering creating a document with hundreds of if-then statements based on information about me that would allow my loved ones to collectively, but not individually, decode one or more passwords.

It might look something like this:

If the name of the city where I was born begins with ‘A’, then the first character of the password is ‘6’.
If the name of the city where I was born begins with ‘B’, then the first character of the password is ‘U’.
If the name of the city where I was born begins with ‘C’, then the first character of the password is ‘=’.

…and so on.

Perhaps a coder could build on this idea and automate the process.