Post
Topic
Board Bitcoin Discussion
Re: What happens if we die?
by
jirene21
on 22/06/2018, 15:52:40 UTC
Nope, this is no existential question (although...). Everybody's talking about "When will Bitcoin die", but what if you die, and your family don't find your key, or don't understand it, or think it's only a useless sheet of paper with some code on it, or simply throw it away... Does this mean the currency's gone forever?

I find the possibility of this event rather realistic (yup I don't believe in eternal life), so that means that someday there might be 21M BTC but only 18M (and counting down...) is left in the market?
If we die and no one does not know your keys and did not know how yung wallet will open then your bitcoin on your wallet will stay there forever, it will not go anywhere and it will just stuck there forever.