When you own Bitcoin, it’s important to consider what will happen to your BTC when you die. In this video, we’ll discuss a few different scenarios of what could happen and how you can ensure that your Bitcoin is taken care of according to your wishes.
The first option is to leave your Bitcoin to someone in your will. In this case, you’ll need to make sure that the person you’ve chosen to receive your Bitcoin is aware of it, and it will be up to them to manage it.
The second option is to use a service that allows you to store your Bitcoin in a trust. These services will give you the ability to designate someone else to manage your Bitcoin after you pass away. It’s important to remember that these services may have fees associated with them.
The third option is to use a service that allows you to store your Bitcoin in a smart contract. This option is more complicated, but it allows you to set up rules for how your Bitcoin is managed after you pass away.
No matter which option you choose, it’s important to make sure that your wishes for your Bitcoin are clearly stated. Doing this will help ensure that your Bitcoin is taken care of according to your wishes.
