I am in mid 20's and holding and accumulating as much BTC as I can. I try to save a small amount of bitcoins every month so that I can do something with it when I retire.
But what if something unfortunate happens to me. What should I do 'now' so that the coins can be used for a good purpose in the future by the right person.
I know I can hide the instructions to the private key for somebody to take it in the future. But my question is whom should I give it to ?
I do not want to give it to my relatives or children since I want them to earn on their own and never depend on others money.
I know I can donate it to charity but what's the guarantee that the money will be gone into good hands and will be used for the right purpose ?
Are there any options that you guys think of ? Have you guys thought about such a scenario ?
I think it's good that you will give to to your relatives or children and teach them to invest it and it is the possible way that we can do. Sometimes it is hard to trust other people what if they use that bitcoin for non sense thing because they don't have any idea on how to make profit with it. So I think for you now that as early as you can teach them to invest with cryptos.