What happens to a person's bitcoins if they should happen to die prematurely?

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What happens to a person's bitcoins if they should happen to die prematurely? Will those coins be lost forever if no one knows that person's wallet info?

user3496

Posted 2013-03-22T03:49:00.007

Reputation: 29

Question was closed 2013-03-22T16:33:29.897

Answers

1

Yes. Those bitcoins will never be used again unless someone creates a private key that hashes to the same public key.

placeybordeaux

Posted 2013-03-22T03:49:00.007

Reputation: 853

Asked: 2013-03-22T03:49:00.007

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Active: 2015-07-21T12:54:01.880