Quote from: Franctoshi on Today at 04:55:14 PM

Quote from: Nwada001 on March 25, 2024, 10:18:30 PM

Quote from: Nangiconference on March 25, 2024, 10:11:45 PM

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 discussed something relating to this topic, In fact, this is something necessary for every Bitcoiner to make provision of how our wealth in Bitcoin would be, 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 is something that needs to be done.

But how it should be done? This would really be the primary problem that you would be having in mind as a Bitcoin holder or even holding some altcoins on your portfolio which is really that tends to be hold up for long term.

If you do really try to read up on some people comments that they cant really just that able to trust up their wife when it comes to this manner on which they would really be having that hesitance that those coins
would really be accessed in due time or simply not on the right time since they've been aware or wary about into those stuffs that you've been saving up. This is why there would really be individuals who would really be
keeping it as a secret as much as they could because they do know the risks on having that unpermitted kind of access.

Once private keys been exposed then we do know that anyone could really be able to access such wallet and if this one is really that intented for future holds then this is something
that brings out that potential danger.