Re: Using Locktime for inheritance planning or as a backup
Holy Cow!! This is one of the best ways to give a gift to a newborn. I definitely will follow this method to give some babies a better chance for a easy future, I don't need to look for some stupid gifts they gonna trow in a year or two. Great work man, as always!! Just love reading your posts and ideas. Let's spread love and bitcoin 
Which one are you going to use? The paper wallet with 25 year Locktime for yourself, or the 18 year Locktime with 25 year Locktime for yourself? The second option makes me feel slightly uncomfortable as I've never actually tested it. Another thing is that the receiving party has to trust you didn't keep a copy of the private key, and they'll only know for sure after at least 18 years! So you should probably only use this for people who trust you.I'll wait for block 600,000 to happen to test it with the 0.1 mBTC (or see if someone else takes the funds before I do).
I'll go for the first option now because I know the parents well. Of course it really depends of the case. I like the idea and probably I'm going to use it more than once, so for sure the second solution with 18 years of locktime for the parents and 25 years for me will be used as well.
I can probably use the locking options for my kids too, so if something happens to me, the mother won't spend the money until the kids are 18
Well, I know the mother well so she won't spend them for sure. Quote
Quote
Edit: just shared it on my twitter 
Aren't you supposed to spam a list of links if you do that? 