Quote from: wxa7115 on Today at 03:21:08 PM

Quote from: buwaytress on October 28, 2020, 05:04:18 PM

Thanks for the extra information there.

Sorry if this is slightly unrelated but inheritance is something I worry about every now and then and have discussed at length with some others. I don't have much, but still, it's significant for folks back home (purchasing power etc).

Problem still exists for me. I do have people I've already given instructions to, and am trying to bring some young adults into it but I find that because there is no interest at all in Bitcoin and in fact possibly some negative attitude towards it, I fear they may not. For example, gave 2 kids some Bitcoin for birthdays on their last birthdays after a couple of years asked them if they still had it. One lost it. Lost the instructions, lost the keys, everything =) Other one had both intact, but was not able to complete it even though I thought the instructions were fairly simple.

God knows I've tried to coach my partner as well but while they can understand once. Later on it's like all memory or understanding of it's vanished.

I think in the end, for most people we'll have to consider crypto-able legal assistance. Wills. Estate management etc.

This is probably one of the biggest disadvantages of bitcoin and I think many of us have the same problem, I cannot give my family direct access to my coins since that will be foolish but in the case something were to happen to me I would like them to use the money I have invested in bitcoin to improve their lives and yet their complete lack of interest on the subject impress me.

But this is nothing new really and it is not privative of bitcoin, it is as if people do not want to think about those subjects and it is why so many people die without a will not realizing that by doing so they are only fuelling family feuds that could have been easily avoided.

If you trust no one, then leave it be. This is enough to tell that you will choose to just keep your investments to yourself if you will die than to share it to your loved ones. I chose to share my private keys to my brither if in case there will be something bad to happen. If he choose to use my investment for personal purposes, then he is free to do so even without my consent. I would more give importance to our relationship as siblings than to be greedy of my wealth. There's no third party in this technology such as Bitcoin bank so decision is on yoy.