Post
Topic
Board Bitcoin Discussion
Re: What Happens to Our Bitcoin and Other Assets If We Die?
by
sulendra12
on 09/11/2022, 09:17:00 UTC
Hello guys just don't get me wrong. As we all know that one day we have to die. So for this I was wondering that if we have at east 1 million dollars in cryptocurrency or just couple of buck like me  Grin and nobody in our family and also friends do not know anything than what should be the possibility.
I think that's the reason still there are millions of BTC that are still missing cause of lost key or dead Bitcoin holders too.
I think we should at least make backup  file and should transfer in Bank Safe so that when they receive than they know how to retrieve it.
No one knows when we die, we could expect everything is going alright but we never expect unexpected stuff happen during our life. For me personally, I don't really store in this case hoarding Bitcoin or any altcoin at the moment because whenever I got something from crypto, the portion of that asset will send it to my bank account right away for my needs. I might teach my family about it really soon though if they ever encouraged to even try it, otherwise will store it on my bank.