Quote from: JayJuanGee on October 22, 2023, 04:22:58 AM

Quote from: Litzki1990 on October 21, 2023, 10:01:13 AM

Quote from: Frankolala on October 20, 2023, 05:09:30 PM

It wouldn't be a crime or taboo if bitcoin is part of the asset that you can will to your child.

How you pass Bitcoin to your next generation is entirely up to you. You should make arrangements so that someone in your family can take your bitcoins in your absence if you die. Now you just need to focus more on buying and holding your bitcoins for a long time. If you only think about how you will get your Bitcoins to your family after you die or what will happen to your investments when you die, you will never be able to invest and keep those investments for long. If you already have an investment then congratulations you have done the right thing and if you are planning to invest in Bitcoin then you are welcome you must invest in Bitcoin now and hold that investment for as long as possible. None of us know when people die, our life is like a bet. Since there is no guarantee in life, there is no point in worrying so much. Keep going and keep investing in Bitcoin. Maybe you will see that God has kept you alive for a long time and you will get the benefits of your investment for a long time.

Of course each of us should be attempting to balance both our assets (surely including bitcoin) that we accumulate while we are living with how we might either pass them onto others if we die prematurely or alternatively how to potentially figure out how to build our wealth while we are living and to put some systems into place in order that we are able to get advantages from our wealth while still living

...and surely people are going to employ various different systems and balance their priorities in different kinds of ways, and surely some people run out of their wealth too soon and others maybe do not end up enjoying the wealth while living - whether they end up passing such wealth down might be another potential complication - even while dying with your bitcoins would not necessarily be the end of the world for the bitcoin community generally ends up profiting from lost bitcoins.. kind of the opposite dynamics of the fiat system in which monetary supply tends to devolve into various statuses of degeneracy that robs from people who hold their value in it.

Indeed, assets management including Bitcoin is a complex and personnel matter, and different people approach it differently based on their financial circumstances, goals and values. While it is essential to have a well defined plan for wealth accumulation to achieve financial stability, but it is equally important to enjoy our life with whatever resources we have got. When it comes to investment in Bitcoin, while big institutions like BlackRock, Micro strategy and many mores, showing great interest in Bitcoin ETFs, which is a big deal for Bitcoin's future. Therefore, it is a good idea for us to accumulate Bitcoins as much as we can without sacrificing our essential expenses. I am afraid, once these institutions obtain approvals, the current price of Bitcoin may become a distant memory in our life time.