Post
Topic
Board Bitcoin Discussion
Re: Upon the death of a bitcoin user.
by
SlowPP
on 27/04/2024, 16:14:04 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.

I have come realize that you utter a word of wisdom that I have seen and read in this article forum,you are man of wisdom,no matter what you do in this world there's must be someone you can entrust with your savings or any another business you do outside .alot of people died while no one  none his or her relatives or family members can claim is property cause he or she didn't entrust any of it to them , that's how it may remain unclaimed.