Crypto wallet information: should know by your family or not?

[beydi2021 31]

Friend, this seems like a good topic, I do not know if it was already touched on the forum, but since I am new, it seems interesting to me, from my point of view of course, if the problem is to whom or who would leave it and where, the problem Whose is it because if we see it as you raise it and you have an accident but the person that I left the information was also in that accident, so it should be several people who receive the key, it is a bit difficult, and where I I would leave it in the cloud so that the person (s) who have the password can access it from anywhere.

[alrabouni23 39]

Hello, how are you. It is necessary for someone close to us or our family to know about our wallet information. Nobody knows what fate has in store for us. We may die tomorrow or who knows, but for me I prefer to keep my wallet information for me

[Eweretti 260]

Listen. This sounds like a business idea. Just how to implement it .... It is necessary that the information is transmitted at death automatically to an encrypted electronic carrier.

[Jack764 1841]

I had never thought about this before that I would give my cryptocurrency wallet information to my family or friends.  Something might happen all of a sudden, but if something happened I would be destined.  So I don't need to give my wallet information to my family.

[Dormilon 2183]

On 7/4/2020 at 1:33 AM, Pitepite said:

Hello guys, what's your thought about saying your crypto wallet information to your family? Do we really need it to say to them? 

There are many things that might happen to us, we may die in an accident, or in any situation, what id we get to die and no one knows about the information of our wallet, then basically our saved money and our investment will only be there and no one can use it anymore.

 

The thing here is that your family will not be benefited from your hard work because they don't even know your wallet information.

 

I wanna ask you guys, do you give your information to your family or not? Or you just store your information on specif places like your device so whenever something happens on you they may see it to the place where did you put your wallet information.

I have asked myself that many times, my close family knows what I do and they have some information about some things, not all, because I have so many that I haven't had time to sit down to provide them with the information, if I agree to give them all necessary tools so that, in case I am unwell, they can assume what I do and can access the information in wallets, total after death or very sick they will be the ones who can make use of it to cure me or bury me, not to do it I see it a bit mean and not having confidence in those who live with us is very bad, I cannot imagine living distrusting my children and my wife, it would be very sad.

[Nicole018 4548]

I don't think it needs to be shared with your family. Just like any other privacy information such as bank details and other trade information this can also be kept as a private key of the user. If there are chances of the user not being able to use this account due to any reason then it could be transferred to any other family member who could gain from it.

[Danitalk 160]

Hello friend, your information published in this spectacular cryptotalk forum is very interesting as well as being valuable since it is a topic that we really have to take into account in our lives and in the world of cryptocurrencies since we all have a great job behind of our cryptographic wallets and that information should be given to someone very trustworthy in case our descendants can no longer enjoy it one day and not only our cryptocurrencies are stored and burned. I really appreciate your publication, friend, it is very very valuable and it will surely make many of us reflect as it did with me.

[elnegri 114]

On 7/4/2020 at 1:33 AM, Pitepite said:

Hello guys, what's your thought about saying your crypto wallet information to your family? Do we really need it to say to them? 

There are many things that might happen to us, we may die in an accident, or in any situation, what id we get to die and no one knows about the information of our wallet, then basically our saved money and our investment will only be there and no one can use it anymore.

 

The thing here is that your family will not be benefited from your hard work because they don't even know your wallet information.

 

I wanna ask you guys, do you give your information to your family or not? Or you just store your information on specif places like your device so whenever something happens on you they may see it to the place where did you put your wallet information.

Good question, usually not many share their information about their wallet, it is because it is better to walk in the shadows so to speak, unless your family wants to learn about cryptography or about the world of cryptocurrencies in my case I have not revealed such information since I'm just beginning to learn.

[mayabdalla 19]

It is not a good idea to reveal our private information to an unknown person, but having confidential information is important for us to hide it, even from the family if we are not alive. So I think that it is not wrong to make a file of all the information and data and save them in a safe place, and we recommend at least to a trusted person what we reserve to find among family members.

[Ozykalu2020 26]

It is a personal choice to tell family members about your cryptocurrency password, if the person is trustworthy, I can tell him or her. 

[Non 40]

There is no harm if he gives them the necessary tools that provide them with information or data in the event of death

[zhoutong 2188]

Shouldn't you have someone trusted to know about your money online and how to access them in the case something happens? You have to let someone know but be specific about the money being important. No body will care to learn how to use blockchains for 100 dollars.

[iloveyobit 6599]

Yes, it is better to give the keys to entering your wallet to a member of your family who lives in it a lot, as you will ensure that your money can be accessed and disposed of in cases of emergency

[FeDa2110 76]

I find this question very interesting, it is something that I have come to think on several occasions.
I consider that the appropriate thing would be to give them all the information of our wallets however I would do it more like a will, because I do not consider it correct for my family to know all this information while I am alive, it may sound unpleasant, but today we cannot trust no one. So until the moment I die they will get in my will a step by step guide to free those cryptocurrencies.

[hassan1999 50]

I think only one person should know it.
And this person has to be very, very trustworthy so that you can be 100% confident that he will never steal you.
Such people: father, mother.
Someone must know it, because in the event of your death, if God forbid, you will not benefit from this money, so after your death you will be able to help your family with that money.
Why should father and mother know her?
Because they are those who raised you, and they fed and drank you, and clothed you, and taught you and everything.
So even if someone stole it, that's nothing they did for you.
Thank you guys .. I hope you will take this advice and help them.

[calongtong28 34]

If those people are truly trustworthy, let them know. If they are in trouble, this is dangerous for your money

[DunnoRND 55]

they should know just in case, but you can have like half of all your coins in that wallet and half will be unknown, to be safe.

[Alfonzuelo 25]

Well, since my family is not interested at all in cryptology, I don't have that dilemma, hehe... but I would consider leaving everything to my mom, because after all, I trust her.

[rodrigozepol 94]

It is a very personal issue, in my case only a person I trust knows about my crypto wallet and Payeer keys, paypal etc. But the only thing he knows is in which bank safe I keep that data and it is not someone directly from my family, that way everyone is protected to distribute the money equally, although I have almost nothing for now.

[its.cryptologic 163]

I think the best way to handle your private crypto info is to keep the info written down in a little booklet that you can keep hidden away and one day if you pass the booklet will be recovered and the family members will be able to access your crypto.

Some places offering KYC may be able to redeem the balance for you if you can prove you're entitled and the owner is deceased. 

[Emma William 2399]

It's too dangerous for us to share our security information with people!But at the same time, no one knows what will happen to him tomorrow! So it is possible that we will die and waste our money with us! So for me, my security information is with someone so close to me that I know that he will not betray me! Thus, in case something happens to me, my money will be in safe hands

[Hira Jira 29]

Of course crypto wallet should be known by your family member because nothing should be hidden from your family.

[Read 32]

Yes, it is better for you to inform a loved one than to waste your money

[wassim19 645]

In fact, yes, we must share personal wallet information with someone we trust, because things may happen to a person that he does not know, such as death or illness.

[TimopheyKa 3900]

I do not see any sense in this, all because they treat cryptocurrency very negatively, and believe that all this is fraud. That's why I don't think we should tell them, because they won't care! And if something happens, I deal with all the cases myself, and send money to the card, so that everything is good!