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 ?
Figure out where you'd like your money to go to. Maybe have a read:
https://www.effectivealtruism.org/articles/introduction-to-effective-altruism/Once you have decided, if you can't trust your family or friends, find a good lawyer and arrange for a dead man's switch to be set up which will ensure the money is spent according to your will.