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Jan 03 - Proof of Keys Game

This year I set the kids a challenge to teach key management :)

1. We create a brand new bitcoin seed each (12 words)

2. We deposit $365 of bitcoin to each seed ($1 a day)

3. Each kids has to secure these 12 words for 1 year from their parents.

4. If they can recover the wallet in 1 year they get the bitcoin as spending money.

5. If we (or anyone else!) discover it bitcoin gone, lessons learned.

Will do check ins every 3 months I think and I'll slowly add in various approaches to how to secure things as we go.

Oldest is 10 so this is serious money to them :)

They are very excited for this :)

#bitcoin #ProofofKeys

Well we didn’t do a check in every 3 months but I’m assured they both know where the keys are 👀

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Might be fun to teach them how to sign a message with their keys 🔑

Such an exciting game for them.

How much is it worth now?

Hopefully a little more than $365 so they're incentivised to keep it as sats.

Maybe you can double down if they don't spend it 🤷

Ie they do proof of keys by learning how to sign a message with their key, and go for another year of hiding.