Cryptocurrency inheritence (what happens to your Bitcoin after you die)

“Your own bank” is a slogan, that’s commonly referred to cryptocurrencies, but while inheriting funds/assets, that are held in a traditional bank is a fairly straightforward process, inheriting cryptocurrencies, in comparison, is highly dependent on the actions of their initial owner. Oftentimes heirs are unaware of the existence of deceased person’s cryptocurrency porfolio or are unable to access these funds, because they haven’t gotten any instructions on how to do it. This can result in “lost” coins and, most likely, they won’t be ever used again.

In this post I’ll give you some suggestions on how to set-up your cryptocurrency inheritence plan and just to make it less complicated I’ll use Bitcoin as a primary example, but most suggestions & tips can be applied to other cryptocurrencies and cryptoassets.

Read more

Millions in your pocket – OpenDime review

To quote the developers of this device: “OpenDime is a small USB stick that allows you to spend Bitcoin like a dollar bill. Pass it along multiple times. Connect to any USB to check balance. Unseal anytime to spend online. Trust no one.” In this article I’ll try to explain how to use it, is it secure and why would anyone need such a device. Continue reading Millions in your pocket – OpenDime review