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Poll

What will you do with your BTC?

Sell all for fiat and spend
4 (16.7%)
Donate to charity
2 (8.3%)
Give to your children or grandchildren
18 (75%)
Delete the key
0 (0%)
Burn forever
0 (0%)
Just want to check results
0 (0%)

Total Members Voted: 24

Author Topic: What will you do with your crypto assets when you get old?  (Read 8344 times)

Offline Gurujebs

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Re: What will you do with your crypto assets when you get old?
« Reply #15 on: January 16, 2025, 08:48:39 PM »
Nobody knows tomorrow but I will make sure I sell some of crypto before I got old age where I wouldn't have time here again. I can be patient enough to hold and get my profit, I will make sure to spend and see use of what it's to hold crypto assets and I will also make sure to keep some for my children, I will educate them as possible about it so they don't sell everything.

I may not even give them immediately because the way generations are going about material things, I think the coming generations might be worse than what we have seen. I really hope the next spam are going to be bullish like the way we do now.
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Re: What will you do with your crypto assets when you get old?
« Reply #15 on: January 16, 2025, 08:48:39 PM »

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Re: What will you do with your crypto assets when you get old?
« Reply #16 on: January 16, 2025, 09:05:51 PM »
Without a doubt I believe that Bitcoin will become a part of personal finance in the future but I am not entirely sure if the same applies to other cryptocurrencies.

When I grow up if I have a good amount of Bitcoin I will spend part of it on my comfortable retirement and some trips around the world to relax and unwind after all these years of hard work, and the rest I will definitely save a good portion for my children so that they have a good capital to start their life with without having to borrow or waste many years to accumulate capital.

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Re: What will you do with your crypto assets when you get old?
« Reply #16 on: January 16, 2025, 09:05:51 PM »

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Offline taufik123

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Re: What will you do with your crypto assets when you get old?
« Reply #17 on: January 16, 2025, 09:14:29 PM »
I will never delete this private key even if I am dead, it will only be a legacy for my children and grandchildren if I have a lot of Bitcoin.
burning the private key will only be a Bitcoin graveyard where in the end Bitcoin will not move and it is like doing a self-burn like a reduced supply.

It is more useful for our children and grandchildren in the future, so that they know how the history of bitcoin is produced and how much profit they get when they already hold it.

Offline JoyMarsha

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Re: What will you do with your crypto assets when you get old?
« Reply #18 on: January 16, 2025, 09:48:38 PM »
I would like to know your opinion on this:
  • Do you think crypto will become a part of personal finance in the future?
  • What will you do with your crypto assets when you’re old?
  • Besides BTC, which token do you believe in for the next 50 years?
1. Most likely. As countries are moving to have Bitcoin as their national reserve, I believe in the future they may be thoughtful of including Bitcoin as a personal finance someone is free to have for their future.

2. If Bitcoin still exists till then, I am sure in my old age, I am going to give out my accumulated Bitcoin to my children. They are the ones I am laboring for. For them to have a better future in the world of digital currency.

3. I can't tell any coin that could last till then since I got to learn about coins that existed in the crypto space a few years ago no longer exist in the crypto space because they have lost value, get rug pulled, or turned out to be a scam.

However, I don't know what will happen to the coins that appear in the crypto space currently, whether they will stay in the market in 50 years to come

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Re: What will you do with your crypto assets when you get old?
« Reply #19 on: January 17, 2025, 04:23:31 PM »

I find this topic really good and intriguing as we don't really know when we can all be facing the ultimate destiny of DEATH so maybe while we are still alive we should determine how are we going to manage our crypto assets so we can be prepared for the ultimate showdown in life...and that is saying GOODBYE.

1. Do you think crypto will become a part of personal finance in the future?

I am sure of that with the way things are developing right now, well most especially Bitcoin and maybe the top 20 other crypto assets in the list of CMC and who knows even big memecoins will be playing their parts too...significantly game-changing the future of finance on the global scale.

2. What will you do with your crypto assets when you’re old?

I might convert my crypto assets to real cash - the currency of my country - and spend most of them for my healthcare and well-being and if possible buy some real-estate assets that I can gift to my inheritors. By defining old, maybe when I would be reaching the age of 70 in case death will not give me its early punctuation.

3. Besides BTC, which token do you believe in for the next 50 years?

Well, the usual suspects like Ethereum, XRP, Solana, TON, ADA and those right now topping the list of most exchanges but I am sure that some memecoins - can be old or can be new - will be there too adding more excitement to the market like what they are doing right now.



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Re: What will you do with your crypto assets when you get old?
« Reply #20 on: January 17, 2025, 04:55:48 PM »

50 years from now I'd be dead and the tokens I hold may have greater value already. And I can't witness how it will be spent by my kid if she knows how to spend them. But I'm sure the adoption will make our tokens be easy to move to fiat when it happens. Only the next generation can easily spend them for personal use.

XRP seem to be the most popular for newbies since they can still afford them. Most probably this is the next besides ETH.

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Re: What will you do with your crypto assets when you get old?
« Reply #21 on: January 17, 2025, 10:37:17 PM »
Michael Saylor once shared his plan to burn his private keys after death, which sounds intriguing but I'm not sure how his spirit could burn something.
I have watched his few interviews and in few he said if a person abandons their BTC he is contributing a lot to the BTC holders and investors because, according to him that person is indirectly burning that amount of BTC that can never be retrieved, so it's the biggest contribution to the longevity of the BTC blockchain according to his words. So if he admires others to do this then he can do this with him personal holdings too, don't know how much BTC is in his personal holdings because the MSTR BTC are not his alone.
  • Do you think crypto will become a part of personal finance in the future?
  • What will you do with your crypto assets when you’re old?
  • Besides BTC, which token do you believe in for the next 50 years?
I value your goals and I hope you will acheive them, my plan is to have $10k till next halving so when in the next halving I will make 2x or 3x I would have the power to buy half or more of the BTC because I plan to buy in the dip. Well its just a plan I don't know how many guts I need to pull this off.

Crypto is already considered as the personal finance, or in other words it's the future here already, when I will old I will see if I need them or who need them because it's just money we can't take it with us in our graves so we must use that money for our afterlife, we should donate it, use it for good purposes, make other's life easier if we have enough. I believe ETh, Sol, BNB, XRP after BTC, because they might not go anywhere especially XRP.
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Re: What will you do with your crypto assets when you get old?
« Reply #21 on: January 17, 2025, 10:37:17 PM »


Offline $crypto$

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Re: What will you do with your crypto assets when you get old?
« Reply #22 on: January 19, 2025, 01:51:33 PM »

50 years from now I'd be dead and the tokens I hold may have greater value already. And I can't witness how it will be spent by my kid if she knows how to spend them. But I'm sure the adoption will make our tokens be easy to move to fiat when it happens. Only the next generation can easily spend them for personal use.

XRP seem to be the most popular for newbies since they can still afford them. Most probably this is the next besides ETH.
So we have to tell them what crypto is in general, so when we are gone, they are ready to use it as we expect. And they can even start investing if they are mature enough and have income.

We will certainly never know what they will do later, but at least we give them provisions that can take them to a better stage. After that, it will return to each of them, but the important thing is that we have done what we should have done.

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Re: What will you do with your crypto assets when you get old?
« Reply #23 on: January 20, 2025, 02:16:06 AM »
I would like to know your opinion on this:
  • Do you think crypto will become a part of personal finance in the future?
I have a different idea from Saylor... if he wants to burn his private key, then I would still want to leave my cryptocurrency assets to my own family when I die first... Saylor's wealth is indeed very large, but we also never know what has been done with his private key from when he first got to know Bitcoin until before he died.. it could be that there were already several people who were given inheritances for it, right? We all don't know, considering the amount of his assets is certainly very large, so it makes a little sense if he has to think about the future of his family too for the efforts he has made...

I also still hope for the future, I want to keep cryptocurrency as a part of my life... that's because thanks to cryptocurrency, I have been able to survive until now and get several life opportunities from it.

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Re: What will you do with your crypto assets when you get old?
« Reply #24 on: January 20, 2025, 04:02:41 AM »
So we have to tell them what crypto is in general, so when we are gone, they are ready to use it as we expect. And they can even start investing if they are mature enough and have income.
kids nowadays are aware of crypto so i do not think they will enter this world totally clueless about crypto even if i do not teach them because crypto is everywhere and it will just continue to spread still i need to guide my kids into knowing appropriately about bitcoin so they do not end up in the wrong path
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We will certainly never know what they will do later, but at least we give them provisions that can take them to a better stage. After that, it will return to each of them, but the important thing is that we have done what we should have done.
yes even if it is not about crypto all we can do is guide our kids but they should still be able to make their own decisions in life

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Re: What will you do with your crypto assets when you get old?
« Reply #25 on: January 21, 2025, 09:05:19 AM »
Interested question about our decision for the future about cryptocurrency when got old, firstly all of us have family, having wife and children would be our next generation to receive cryptocurrency assets. I work hard leave them some cryptocurrency assets for the future from bitcoin and altcoin, I believe cryptocurrency keep existing until the future how many big whales and top investor already investing their money in bitcoin.

For lower risk assets holding actually bitcoin and top altcoin such as Ethereum or BNB, its my assets holding will leave for my family in the future when get old and keep having income from crypto after retiring from working.
We believe that cryptocurrency market will stay long time in the world. Because if we follow in cryptocurrency market we can see that many professional traders or investors could be invest there asset from cryptocurrency market. Because we know that it will be our future asset. I think that my family fully depending on for me. So when we start to very old, then I think that my family receive this property. So I trying to starting get two bitcoin and some altcoin for future.
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Offline milewilda

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Re: What will you do with your crypto assets when you get old?
« Reply #26 on: January 21, 2025, 10:23:25 AM »
I find the other options in the poll completely ridiculous. Realistically, there are only two possible scenario that could be done if I held crypto that long. It's either I sell and spend on myself/family or give it as kind of inheritance to my kids. Enjoy the fruits and help secure the next generation's future.
Yes, there's only two possible things that you can do on which you do sell out and make use of those funds for whatever reason or you will really be giving those as an inheritance on which we know that this is the only things that we can be able to do with our crypto holdings. When it comes on how we would do it then this is where you would really be considering out on searching on whats the safest way on doing it and also using up your common sense because there are some ways or methods on which it might cause up on losing your coins. So better be safe on whatever the actions that you are taking into as long it do make your coins safe. One of the challenges too is also in talks about on how long you would be able to hold.

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Re: What will you do with your crypto assets when you get old?
« Reply #27 on: January 21, 2025, 11:09:36 AM »
So we have to tell them what crypto is in general, so when we are gone, they are ready to use it as we expect. And they can even start investing if they are mature enough and have income.
kids nowadays are aware of crypto so i do not think they will enter this world totally clueless about crypto even if i do not teach them because crypto is everywhere and it will just continue to spread still i need to guide my kids into knowing appropriately about bitcoin so they do not end up in the wrong path

They won't be clueless, but they will still have much to learn.
Especially about hodling responsibly.
Guidance is very essential for that matter.

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Re: What will you do with your crypto assets when you get old?
« Reply #28 on: January 21, 2025, 08:32:22 PM »
I would like to know your opinion on this:
  • Do you think crypto will become a part of personal finance in the future?
  • What will you do with your crypto assets when you’re old?
  • Besides BTC, which token do you believe in for the next 50 years?


let me start with the answers to your question in their order of numbers.

1. Yes and it is already now because its a legal and acceptable digital currency for the exchange of goods and services.

2. I will leave it for my children to have an inheritance, because by then, it would have turned a mighty investment with higher increased upon it, then i would have realized my desired profits from it and also leave for my children to take over from.

3. Aside bitcoin, there is none, every other coins are just altcoins and they takes more risk than bitcoin.

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Re: What will you do with your crypto assets when you get old?
« Reply #29 on: January 22, 2025, 01:30:41 PM »
Interested question about our decision for the future about cryptocurrency when got old, firstly all of us have family, having wife and children would be our next generation to receive cryptocurrency assets. I work hard leave them some cryptocurrency assets for the future from bitcoin and altcoin, I believe cryptocurrency keep existing until the future how many big whales and top investor already investing their money in bitcoin.

For lower risk assets holding actually bitcoin and top altcoin such as Ethereum or BNB, its my assets holding will leave for my family in the future when get old and keep having income from crypto after retiring from working.
We believe that cryptocurrency market will stay long time in the world. Because if we follow in cryptocurrency market we can see that many professional traders or investors could be invest there asset from cryptocurrency market. Because we know that it will be our future asset. I think that my family fully depending on for me. So when we start to very old, then I think that my family receive this property. So I trying to starting get two bitcoin and some altcoin for future.
The decision to prepare for the future by going for cryptocurrencies as investments is quite responsible. Storing coins like bitcoins and alcoins should be seen as secure strategies for creating a long-term nest for a family. With the development of blockchain and a vision of what may await us in the future of crypto, we can have confidence that these assets will entail great values in the future. This is especially the case as with many things in life, consistency and caution will be key in achieving these goals when we consider the parent oriented use of these investments and view crypto as the key to achieving financial security for our family.

 

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