Quote from: btckold24 on October 13, 2014, 01:31:11 PM

personally if you believe in bitcoin why would you want to have no upside to your bitcoin. If you lock in and it goes up your stuck at the old rate.... I can see how this would be smart if you were dealing in a lot of btc though protecting some money.

Hi btckold24, I'm sure you realize capital gains is only one aspect of Bitcoin's upside. Instant, irreversible, global payments is of course another significant upside to the technology.

Locks is designed to be an easy way for individuals interested realizing the value of the blockchain to do so, without the cumbersome process of learning to deal with exchanges. Locks lowers the barrier to entry for new users because they can think in terms of assets they are used to and simultaneously spend where ever Bitcoin is accepted.

We anticipate by lowering the barrier to entry and making new users more comfortable, more people will experience how seamless Bitcoin transactions are and thus have greater insight to Bitcoin's upside and hold Bitcoin