RATE Group | What Happens To My Bitcoin When I Die? Simplifying Estate Planning Of Digital Assets
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What Happens To My Bitcoin When I Die? Simplifying Estate Planning Of Digital Assets

12 Aug What Happens To My Bitcoin When I Die? Simplifying Estate Planning Of Digital Assets

Posted at 17:11h in Bitcoin News by

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Digital assets are growing in value and popularity

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The attention and money flowing into digital currencies have never been higher. Bitcoin has seen a resurgence in valuation in 2019 and Facebook continues to explore its own digital currency offering, Libra.

Cryptocurrencies and digital currencies are a reflection of the world we live in: a time of mass digitalization where traditional assets (e.g., store fronts and photo albums) are moving entirely online.

Business is done all around the world, at all hours, and of course online where the two parties never meet. Electronic and digital currencies are a necessity as they make doing business easier. And more than that, they’re a booming business. As of June 2019, over $335 billion is in cryptocurrencies.

But at what cost? What happens to all this wealth when the owners die or become incapacitated? Digital currencies and assets might make business and transactions easier, but it has certainly…

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