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Replying to Avatar Cykros

Yea...we probably need more of engineer Lyn than financial analyst Lyn when it comes to that. So much talk about the worry of wrenches and confiscation; so little talk about how to use time locks.

"I'd love to hand over my bitcoin Mr. FBI Thug. If you'll sit with me here for the next 6 years, once the block height is reached, I'd be happy to sign it over to you."

Though this is all well and good for the coins you REALLY know you don't need for the next while; what we really need to figure out is time locking schemes that provide the security benefits without completely making you part with your money for longer than is tolerable. Creative multisig + geographic key separation likely needs to be involved here.

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Cykros 9mo ago

That, or Lyn the globe trotting person with an interesting way of thinking and seeing the world. At the end of the day, sometimes being able to find the problems is at least as important as being able to think about the solutions.

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