Post
Topic
Board Economics
Re: What will happened to bitcoins after one died?
by
coinfinger
on 09/04/2018, 05:01:46 UTC
Who owns the bitcoin after someone died?  How to state this in the will? Please share your thoughts.

That is why we should make a matrix for our password and username for our family. Children, husband or wife should be on board in bitcoin else they may not know the importance of it.


They need to leave all email passwords, phone numbers, all related Bitcoin wallets. Because if they do not let the family know, then the Bitcoin number will be lost.
Bitcoin is not the same as gold or bank deposit, it does not identify the account owner or the family account holder. It just password and lock, email, phone number ....
All those who have bought bitcoins have placed those bitcoins in their wallets and that they need to provide certain information like that of private key, email etc. to claim those bitcoins and to prove that all those bitcoins belong to them. If you have shared all that necessary information with someone whom you trust and whom you think will never cheat you, then that person can claim those bitcoins after your death.