Post
Topic
Board Bitcoin Discussion
Re: Upon the death of a bitcoin user.
by
Franctoshi
on 28/03/2024, 16:55:14 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.

This kind of discussion has some time in the past relating to this topicIn fact, this something necessary for every Bit coiner to make provision of how our wealth in Bitcoin would should we have a case of death of the Holder because it's certain that no one would live forever, so letting one of your close confidants' wife, daughter, son, brother, sister and just to mention a few know of your Bitcoin holdings and how to get access to it in a situation like this.