Post
Topic
Board Bitcoin Discussion
Re: Upon the death of a bitcoin user.
by
Z390
on 27/03/2024, 09:06:16 UTC
Similarly to bitcoin what happens in the event of my dismissal since no relative knows about my investment. It doesn't really make sense if my family can't enjoy my wealth. Will it be lost or is it good to entrust someone incase I'm no longer there?
If you are so worried about what will happen to your bitcoin, you should have at least one of your family members, spouse, child, or close relative who you can trust know something about your holdings. Give them a little clue on where they can look if anything ever happens to you. That way, they can be able to locate access to your holdings.
 
Or better still, you can slip your bitcoin holdings and entrust each of them to each of your close relatives. It's not good to be the only one who knows about your bitcoin holdings alone; no one is praying for bad things to happen, but we also have to take security measures. If you don't give anyone access to your wallet, and if you are gone, those bitcoins will be in that wallet forever and will be considered a donation to other holders.

Is there really anyone we can trust this day when it comes to money? Mothers betraying their sons because of money, spouses are going after killers for contracts because of money, there are so many evil things happening in this world today and I have lost my sense of trust in anyone.

It depends on the family and people around you, as for me I don't have anyone, my parents are very old and I can't even trust my siblings, there are many things that have happened and mostly because of money, the lack of money will make people break their trusts, they are ready to take advantage of anyone around them, including their love ones.

Sorry mate, I can't entrust my Bitcoin to anyone, unless my children, and now that I don't have any child yet, I will keep using my Bitcoin as my financial freedom until I have a child of my own, I hope my child grows up into a good human being, or else my bitcoin will be lost forever in my wallet.