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Author Topic: What happen to your wallet/token after death?  (Read 7212 times)

Offline Aryan0058

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Re: What happen to your wallet/token after death?
« Reply #45 on: August 28, 2022, 08:55:39 PM »
Bitcoin and all other cryptocurrencies are decentralized, meaning they weren't issued by a central bank or authority. That makes it impossible for anyone to help access a loved one's account when they die, unless they possess the security key (password) and/or seed phrase to unlock their wallet.

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Re: What happen to your wallet/token after death?
« Reply #45 on: August 28, 2022, 08:55:39 PM »

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Offline Maaz Sultan

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Re: What happen to your wallet/token after death?
« Reply #46 on: September 20, 2022, 10:49:26 AM »
I want to give the wallet information to my loved one before I die. If that happens too suddenly, maybe the crypto assets in the wallet will stay idle until a hacker attacks and takes them over. After the death, I won't continue worrying about such matters.
You are right after death anyone doesn't need anything. The best thing is to rote in you daily so if some thing happens to you your family can use your funds.
Everybody starts from 0 but if you work hard you will become legendary.
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Offline Osama Sultan

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Re: What happen to your wallet/token after death?
« Reply #47 on: September 22, 2022, 09:02:53 PM »
In case of death if you have even millions of dollars no one can access your wallet, For avoiding this you need to trust someone your banker locker is a good choice keep two backup banks lockers and put your wallet keys mention the information is an idea from my thought.

Offline yohananaomi

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Re: What happen to your wallet/token after death?
« Reply #48 on: October 02, 2022, 05:34:51 AM »
In case of death if you have even millions of dollars no one can access your wallet, For avoiding this you need to trust someone your banker locker is a good choice keep two backup banks lockers and put your wallet keys mention the information is an idea from my thought.

there is no other way that anyone can do at this time if indeed someone has assets that as you say up to millions of dollars, are in the wallet and he dies but the wallet key is not handed over to someone who is trusted, you can be sure the treasure will be lost, will be with the owner.
but if you have previously handed over the key to the wallet, to open it if it happens to death. It is very different if the money is in the bank because every time you open an account, you will be asked who will be the heirs.

Offline Phonometer

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Re: What happen to your wallet/token after death?
« Reply #49 on: November 11, 2022, 09:28:52 AM »
In case of a sudden tragedy, note down the access information on a piece of paper and keep it safely tucked away and only tell one person who you really trust with your investments, it could be your spouse or anyone from your family.

Offline Osama Sultan

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Re: What happen to your wallet/token after death?
« Reply #50 on: November 12, 2022, 12:18:23 AM »
In decentralized field no one can axess of any others funds you are the bank of your own and if anyone lost phrase they lose their cryptos forever , before any accident happened i advice everyone to keep your phrases in safe place like locker , on paper but not on computer or on internet .

Offline Folderol

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Re: What happen to your wallet/token after death?
« Reply #51 on: November 18, 2022, 11:01:08 AM »
You need to keep your private key safe and only share it with one family member in case anything were to happen to you.

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Re: What happen to your wallet/token after death?
« Reply #51 on: November 18, 2022, 11:01:08 AM »


Offline Maaz Sultan

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Re: What happen to your wallet/token after death?
« Reply #52 on: December 03, 2022, 07:54:35 PM »
Your wallet would only be accessible to the person you told about it and if you type your keys in your diary so the person get your dairy get the funds if he knows about the Cryptocurrencies .
Everybody starts from 0 but if you work hard you will become legendary.
(apply this on the forum)

Offline Cugplate

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Re: What happen to your wallet/token after death?
« Reply #53 on: December 05, 2022, 08:41:16 AM »
You could keep a note of your password in your diary or someplace safe where one family member ; either your spouse or child can access incase of any unfortunate event. You have to be careful though because this is risky and when it comes to finances, you can’t trust everyone.

 

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