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Author Topic: What are your plans with your crypto assets after death?  (Read 8022 times)

Offline Primrose

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Re: What are your plans with your crypto assets after death?
« Reply #60 on: August 23, 2022, 09:28:48 AM »
I have shared every information about my crypto to my sister. She knows  passwords and will be the legal owner of my assets after my death. We have had a great bonding since childhood and she’s the most important person in my life.

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Re: What are your plans with your crypto assets after death?
« Reply #60 on: August 23, 2022, 09:28:48 AM »

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Offline Afony

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Re: What are your plans with your crypto assets after death?
« Reply #61 on: August 23, 2022, 11:03:57 AM »
Most of the cryptocurrencies that got into your wallet are lying without any action from the project producers. I keep them in my wallet, who knows what will happen to them later.
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Re: What are your plans with your crypto assets after death?
« Reply #62 on: August 23, 2022, 11:50:14 AM »
This is quite a tricky question to answer because I personally don't share my private key to my wallet with any of my family member so if death should come now I'm not sure if they'll will ever be able to gain access into the wallet unless something magical happens and they maybe find my jotter where I keep all my passwords .
The skeptical chymist.

Offline silkytakyaan86

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Re: What are your plans with your crypto assets after death?
« Reply #63 on: August 23, 2022, 02:30:27 PM »
sad, you cannot take anything with you after death. If there was an option, I would definitely take it with me.  ;) ;D Well, I have not hidden anything from the family members. Therefore, after my death, of course, he will be entitled to my property.

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Re: What are your plans with your crypto assets after death?
« Reply #64 on: August 23, 2022, 05:17:39 PM »
sad, you cannot take anything with you after death. If there was an option, I would definitely take it with me.  ;) ;D Well, I have not hidden anything from the family members. Therefore, after my death, of course, he will be entitled to my property.
I wish you to live a long time and not to remember this topic for many many years
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Offline elbans89

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Re: What are your plans with your crypto assets after death?
« Reply #65 on: August 23, 2022, 08:31:25 PM »
According to a 2020 study by the Cremation Institute, nearly 90% of crypto owners are worried about what will happen to their crypto after they pass away. Furthermore, despite a high level of concern, crypto holders are reportedly four times less likely to use wills for inheritances than non-crypto investors.

Millions of dollars in crypto is being lost each year through the deaths of its owners. Crypto insurance firm Coincover estimates that around 4 million Bitcoin, or $68 billion at publishing time, is out of circulation after access was lost, with a large portion likely caused by death.

In fact, there are a number of ways for investors to bequeath their crypto to the next generation, but each method requires some decision-making and planning, as well as some general knowledge about how crypto works:

+Sharing keys with trusted family members
+Some exchanges can unlock access to crypto with a +death certificate
+Crypto inheritance services



Article: What happens to your Bitcoin when you die?

What are your plans with your crypto assets after death? Do you want to pass on to your children as an inheritance or will they be locked out forever to share that value with the entire crypto community?
Many people choose the first option, they share the wallet & private key with their relatives by storing them in a hardware storage device and the password to access it is only revealed in the will :)

I think we can share our private key Nd password of our my wallet to our couple or family.
So, our crypto assets will be used by our family.
Talk about death, I think It's good way to give crypto to our family
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Re: What are your plans with your crypto assets after death?
« Reply #66 on: August 24, 2022, 06:38:49 AM »
At the very least, the value of a situation of exiting the circulation of a cryptocurrency or losing keys is that the supply on the crypto market will be less, which will raise the value of a particular coin.
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Re: What are your plans with your crypto assets after death?
« Reply #66 on: August 24, 2022, 06:38:49 AM »


Offline satpol_PP

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Re: What are your plans with your crypto assets after death?
« Reply #67 on: October 06, 2022, 11:47:37 PM »
sad, you cannot take anything with you after death. If there was an option, I would definitely take it with me.  ;) ;D Well, I have not hidden anything from the family members. Therefore, after my death, of course, he will be entitled to my property.

I agree with you, I think we should share our private keys, password with our family. Especially our couple.
After we dead they can used our crypto assets.
We should be wise to do

Offline Alcor

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Re: What are your plans with your crypto assets after death?
« Reply #68 on: October 07, 2022, 08:19:19 AM »
This is quite a tricky question to answer because I personally don't share my private key to my wallet with any of my family member so if death should come now I'm not sure if they'll will ever be able to gain access into the wallet unless something magical happens and they maybe find my jotter where I keep all my passwords .
Man is so arranged that he thinks very little about his death. So laid down for us by nature or Taorets. Therefore, we will take little care that our heirs know about the secret keys. In addition, the cryptocurrency is developing rapidly and sometimes it is quite difficult for us to keep track of all the innovations that appear on this market and which we need to know in order to successfully and safely own our crypto-spy. Also, many cryptocurrency holders die sudden or violent deaths. Therefore, the problem of losing cryptocurrency holders will always be relevant.

.FX..BOX.
 
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Offline shuvenker999

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Re: What are your plans with your crypto assets after death?
« Reply #69 on: October 07, 2022, 08:25:38 AM »
According to a 2020 study by the Cremation Institute, nearly 90% of crypto owners are worried about what will happen to their crypto after they pass away. Furthermore, despite a high level of concern, crypto holders are reportedly four times less likely to use wills for inheritances than non-crypto investors.

Millions of dollars in crypto is being lost each year through the deaths of its owners. Crypto insurance firm Coincover estimates that around 4 million Bitcoin, or $68 billion at publishing time, is out of circulation after access was lost, with a large portion likely caused by death.

In fact, there are a number of ways for investors to bequeath their crypto to the next generation, but each method requires some decision-making and planning, as well as some general knowledge about how crypto works:

+Sharing keys with trusted family members
+Some exchanges can unlock access to crypto with a +death certificate
+Crypto inheritance services



Article: What happens to your Bitcoin when you die?

What are your plans with your crypto assets after death? Do you want to pass on to your children as an inheritance or will they be locked out forever to share that value with the entire crypto community?
Many people choose the first option, they share the wallet & private key with their relatives by storing them in a hardware storage device and the password to access it is only revealed in the will :)
You asked a very interesting question between of cryptocurrency and life. I am a crypto investors and also altcoin holder and i never want to share my personal data with my friend or with other member, because it maybe dangers for my fund. But as my opinion we can share our crypto data with our most trusted family member, for example, if you are a marred person, then you can share it with your Wife or Son/doughtier and if you are a unmarried then you can share it with your other trusted family member. Also we can backup our all data on a Diary.     

.FX..BOX.
 
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Re: What are your plans with your crypto assets after death?
« Reply #70 on: October 07, 2022, 10:32:08 AM »
probably it can even be legally backed up somehow
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Offline bitcoin-shark

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Re: What are your plans with your crypto assets after death?
« Reply #71 on: October 07, 2022, 09:11:13 PM »
in anticipation of my death i will share my private keys with my closest family, teaching them how to transform crypto into fiat in case of need i think it is the only reasonable solution at least for what concerns me

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Re: What are your plans with your crypto assets after death?
« Reply #72 on: October 08, 2022, 06:15:10 AM »
I just keep a record of the Password, 2FA key and non-Custodial wallet key in the safe and give some information, that's what I do, giving the wallet key while we are still alive I think it's risky, but a certain way needs to be done if you have millions of BTC, there are indeed heirs good for guaranteeing crypto assets owned are not taken by the wrong person.

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Re: What are your plans with your crypto assets after death?
« Reply #73 on: October 08, 2022, 02:41:47 PM »
TBH, I have prepared to save my crypto as my long term assets, I also share my password and private key with my family.
I always believed crypto will have great future and more valuable at the coming future.
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Re: What are your plans with your crypto assets after death?
« Reply #74 on: October 13, 2022, 06:50:59 PM »
TBH, I have prepared to save my crypto as my long term assets, I also share my password and private key with my family.
I always believed crypto will have great future and more valuable at the coming future.

Yeah before death, we should prepare what will happen.
Save private key and share our password  you our family or couple.
I think It's good way to do.
Crypto is the future currency, it will more expensive at the future.
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MIXERO.IO
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