Post
Topic
Board Bitcoin Discussion
Re: If bitcoin owner die. It means bitcoin also lost forever?
by
nbjh
on 23/03/2018, 02:23:03 UTC
Nope, the bitcoin will stay to the trade. Since there are no guidelines or law that oversee about it. On the off chance that it is a fiat the bank given a traverse of time will report it to the administration and the legislature will be the proprietor of the fiat. In my nation and in the event that I am not mixed up it is around ten years. Yet, bitcoin isn't under the control of national bank nor the administration, in this manner the bitcoin's new proprietor will the wallet organization. In the event that you claim the wallet organization, I trust you won't wish to happen something to that effect.

Bitcoin is a virtual currency that is protected by an unbreakable password. This property makes it a safe way to store wealth, but it also creates the risk that when Bitcoin owners die, their digital wealth will never be honored. The Bitcoin market is currently worth about 70 billion U.S. dollars, which is a big problem for families who have invested in Bitcoin and died in Technai.