Where Does Your Bitcoin Go When You Die? Will All Bitcoin End Up In Accounts Of People Who Have Passed Away?

in #crypto8 years ago
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good I am following you, I hope you will also follow up vote me this honor to me

Good question. Well i store some important data on my old laptops hard drive its small and compact and i have kit sata pata to usb you can use from any pc its quick and easy to use i bought that kit after my laptop died it vas very old piece of crap and i needed to recover some data from it. And also i store back ups in my storage email in zip fail with passvord on it i upvote follow hope you follov me back cheers

@mralan - what a GREAT question to ask - as soon as I saw the title a lightbulb went off in my head and immediate blew out! Who indeed gets our bitcoin? I guess it is whoever we have entrusted our wallet key to. Put it in an envelope and give it to your attorney that handles your will - alternately you could possibly store it in a safe deposit box - but no guarantee the bank will still be in business by then. Could bury it in the backyard - could keep on your rottwielers dog tag - I guess a personal safe would probably be safest. Again - what a great question - thanks for bringing it up - its forcing me to address an issue that I hadn't given any though to.

I was just thinking about exactly this earlier today!! Good idea to give someone I trust the key, just in case.