Where Does Your Bitcoin Go When You Die? Will All Bitcoin End Up In Accounts Of People Who Have Passed Away? This is the case for many unprepared Bitcoin owners. The key to passing on your fortune is to storing your private Bitcoin Keys in a place your family will be able to access them when you pass on. Also known as cold storage, private keys are the number one safest way to store Bitcoin for both the living and the dead. If you store your Bitcoin in an exchange or online wallet your family would need to convince that online wallet you passed away and that they have the right to access your Bitcoin.