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 ?
You are still young, don't think about the bad things that might happen to you. But you can choose one of your trust person to hide the money and only give that money to the right person by selecting your beloved person so you can make sure that the money is in the right person. Maybe you can hire a lawyer who will hold the funds until the right time comes to give the money to the right person. I see some rich people do this with their lawyer, and they will remain silent until the owner of the funds has died so they can give the money to the right person. Only you will know who the person that should receive the money is.