Quote from: GubiMixa1292 on Today at 09:48:22 PM

Quote from: Crptomagma on October 27, 2020, 07:19:42 AM

Bitcoin as a Decentralized Cryptocurrency has no physical structure just like the bank. It’s basically stored in a digital wallet/account being operated from a mobile device and its security embedded there also. In creating Defi wallet or block chain account no available section for next of kin or third party details Its always advised to keep Recovery Phrase details secret in save location, these will help in recovering the wallet.

Literally bitcoin details remain secret and personal to me. If I continue to keep my details secret of what use would it be to me when I’m no more and my love ones can’t benefit from my bitcoin? Here is my question what happens to the bitcoin of someone who died and didn’t disclose his/her wallet details to anyone? please I need response . Would the bitcoin be abandoned in the wallet forever?? Would it be a waste of bitcoin?

I think if you don't tell your family or your wife about the amount of BTC you are holding and the same code of the wallet, I am sure that the BTC will forever disappear and no one can find it. that's why i always tell my family about the BTC i own and keep the seed code in usb.I told my family about this so that when I die my family will find my BTC holdings

Im gradually letting my wife and my kids to know about crypto even with just the basics so that at least they do able to pull the funds insider whenever i die because it would really be
such a waste of coins if those would be lost forever just because you hadnt tell them or totally had forgotten.We dont own our lives and anytime we could possibly die thats why
its just right that you should share up things.Dont let that selfishness inside you would overcome because i do really understand on why some people doesnt
really like to share up their keys on their wives. hehehe