“What happens to my bitcoin when I die?”
Right now, the answer is one of the following:
- Nothing happens, and your bitcoin is inaccessible forever.
- You’ve shared detailed recovery instructions with a family member or friend. Your bitcoin is recoverable, but unfortunately you and your family member may also be at risk of theft or attack.
- You are using a custodian and not managing your own private keys, which has its own significant risks. And many custodians do not have an inheritance process.