A friend asked me today for some advice on how to secure 5 million sats in a single UTXO for 18 years. A gift to their niece to spend in the future.
Assumptions:
- No one will be around to guide them through the process of spending / using the BTC
- Durability and ease of use will be weighted most heavily
- The securing method has to last 18 years
- Ideally self custodial but all answers will be looked at!
Best answer will be zapped a 5,000 sat bounty! #sats
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Discussion
Will the satscard last for 18 years? If it's kept away from moisture, probably.
But there's the problem of fire or flood, there's no way to recover the funds it if the chip can no longer be read.