Post
Topic
Board Beginners & Help
Re: Just a dream but possible
by
stadus
on 27/11/2023, 11:38:28 UTC
Imagine having a one year old baby today and you set a certain amount of Bitcoin to be automatically available for moving out after 10 or 17 years later, with date and time, I think it's not impossible, if we can stake coins for a year or two before they become available for moving out why can't we lock Bitcoin in our hardware wallet for a particular period in the future?

We probably need a 3rd party to do that as it's not included as a feature in our hard wallet, simple feature will make it less risky to being compromise. Holding is really risky too although you could keep your bitcoin safely but you'll never know how long you'll stay in  this world, so if you die and no one would be able to benefit your bitcoin, what you work hard will just be wasted, though you'd help HODLERS as the supply in circulation will decrease.

I guess no wallet provider would integrate this feature though as they are to protect the security of their wallets, maybe there are like so called banks who would accept your bitcoin deposit, so if you trust them you can set up an account with your intention on how your bitcoin will move in the future.