what happens when all the bitcoins has been acquired

[tonymillions84]

The year is 2090. i might be dead by then, i hope so. what happens to all the owners of the bitcoins if they failed to expose their funds to their next of Kin. just like the banking system requires account owners to provide next of kin when opening account. How do cryptocurrency owners move  their funds to the next in linw when they die.

[tinakoya]

Probably, there are already deceased crypto holders who didn't pass the ownership to anyone. I will definitely pass it on as i write all my keys and passwords down in a book. This will be passed on to my descendants when the time is right. We also don't plan to die younger/earlier hence i let my noob next of kin know about the book already just in case i kick the bucket early. It will be such a waste if so much fund is left to just be idle

[Delgboke]

I think the best thing to do is to have book record where all the information are been recorded your wallet password and private keys because nobody plan to die young but it's necessary you do it early and make sure you have one of your sons and daughter you trust that should know some the secret because of tomorrow sale.

[TERMINO]

To anticipate cryptos loss forever  the owner must record every single detail in flashdrive,paper, or notebook and put it in a safe Place to maintain his assets meaningful despite he's gone went to heaven. There should have one or two family member who knows the record before the person died.

[Tnoy30]

I hope the value of bitcoin will get dignity. Maybe neither I nor I will be there that day. Because people are mortal. I did not hold bitcoin, the king of cryptocurrency, thinking about that day. When the owner of bitcoin dies, his paivate key, password will be kept in a safe place. Someone in his family must know that. It could be his loved one or his son or daughter. The password of the exchange I used, the paivate key of the wallet is in a safe place. Which other members of my family know. So I don't care what happens to my bitcoin or other cryptocurrencies when I die.

[Lorix]

I saw a post on Reddit a few days ago about bitcoin. It said that one person was a user of bitcoin. He bought 500 bitcoins when the price of bitcoin was below $0.50 cent. The man left the bitcoins in his coinbase account. But he did not live long. He died. However, his younger brother found the bitcoin in his account a few days ago. So according to the rules the next generation will own bitcoin. There is no doubt about that.

[MrSpasybo]

We need to consider some of the problems associated with a complex object - Bitcoin, to give a solution to the problem related to their fate after the death of the owner.
1. If at that time BTC is allowed to legally exist as an asset: you can use some inheritance services. I think there were quite a few such projects built on the blockchain at that time.
2. If BTC has not been officially recognized as an asset, try to proactively hand over the wallet code & password to the person you want to give. You can give it directly or through a representative, or lawyer, or many lawyers and each person holds 1 piece of necessary information. If you are a fan of the OnePiece anime, you can hide it on LaughTale Island
3. If you forget to give it to the next generation: all the BTC will be at peace and all other holders will receive a portion of the benefits from that. You receive silent thanks ^^

[Jaephoenix]

This is an unrealistic scenario. All bitcoins cannot possibly be on individual private wallets, mate. Miners and traders on exchanges would provide a constant flux and liquidity.

[ansi]

The scenario you're taking about is impossible to happen. Bitcoin was made in the first place so no on can acquire it 100% for himself.
When the total supply is reached, that's where the real value comes, no mined BTC anymore, it will be something up to the supply & demand o BTC by then where some Satoshis given by some faucets right now can be worth a fortune at that time.

[wawan96]

many things that can be passed on to the child or family's private key to them if I have 10 bitcoin then I will give the private key to the last legacy worthwhile if bitcoin still persist and become a digital currency that continues to persist for a considerable time long may be the price of 1 bitcoin could reach 70000 USD in the year 2090.

[Istiak]

Sometimes I also think about that? What will be the value of BTC by that time and what will happen to the miner? Maybe they will move into other crypto or maybe crypto will not last that long. Also how many BTC is lost because of owner died and nobody id able to transfer his fund or device or privet key lost and BTC got stuck in the wallet forever.

[KKH84]

If the deceased bitcoin owner does not hand over his personal key or password to his heirs, logically the outstanding bitcoin will be reduced, because it settles in one wallet, this will have the possibility that the price of bitcoin will rise but with the note that the deceased owns 20% of the total bitcoin  which are available.

Sorry, that is my personal opinion.

[Senin]

The scenario you're taking about is impossible to happen. Bitcoin was made in the first place so no on can acquire it 100% for himself.
When the total supply is reached, that's where the real value comes, no mined BTC anymore, it will be something up to the supply & demand o BTC by then where some Satoshis given by some faucets right now can be worth a fortune at that time.

Nobody knows what will happen to bitcoin and its price after all bitcoins are mined. Yes, we are not destined to find out, since none of us can live another 120 years.
There is a problem with the transfer of our cryptocurrency to the heirs, for sure many will not be ready by this time and a significant part of bitcoins and other cryptocurrencies will irrevocably disappear. The information on the storage devices is demagnetized over time, the equipment tends to break down. Each of us must solve this problem in our own way, based on our specific circumstances.

[cryptodemystified]

The cryptocustody is probably something you're searching here. Unocoin is offering nominee facility while India's biggest cryptocurrency exchange - WazirX has this nominee thing in their roadmap!

[alltalk]

It is still many years later for the Bitcoin to be ended for acquiring. And when the last block reward is halved, there will be no more mining. I don't know what the prediction is. But of the BTC is still valuable, this is used for al the utilities and will be increasing its value. Of course, it will also increase the price of the BTC