How about we create 1 timelocked btc Wallet for 10 years with $100
Another for 50 years with $100
And a 3rd for 100 years with $100
Well this android app wallet NUNCHUCK has a ZEN HODL mode that uses bitcoins own TIMELOCK protocal
Since i dont have any, and chose hive over btc and lost out, I'm gonna cut losses and sell some of my hive thats even liquid, for some BTC and time lock it for 10 years with this bitcoin protocal.
Imagine making 3 of these time locked wallets to pass all down to family. With the last 2 maybe try to time it with your own estimated lifespan death date so your children can open it and spend the Wallet sometime after you die.
Then kinda time it so they'll also have another bitcoin wallet timelocked for another 50 or 100 years from then so they have to pass it on to their children and they even pass on something to pass on to their children and so on. Maybe make a new timelocked $100 in btc that can be used every 50 or 100 years or so? Should we maybe time it so you get a little money before a child os born? Or will your grandkids simply wait to have kids around the timing of this bitcoin time capsule?
You cant ask your descendents to not be dependents , defend it! Don't let them be defendents... only YOU have the power to actually squirrel away saved bitcoin early on.
https://play.google.com/store/apps/details?id=io.nunchuk.android
Here's one app.. it is free but there are oaid versions but it clearly states it uses blockchain bitcoin protocals and can work 2ith or without that particular wallet software. There's even instructions for how to withdraw from terminal after the day comes...
but there's a few other options for other desktop wallets with time locking but the point is it's easy to use now with this app .
But just incase ...
To access time-locked Bitcoin from a Nunchuk "Hold" (CheckSequenceVerify or CheckLockTimeVerify) setup via a terminal, you generally need to broadcast a signed transaction using the Bitcoin Core CLI with the following command structure:
bitcoin-cli sendrawtransaction "HEX_CODE_OF_SIGNED_TX"
Note that the "HEX_CODE" must be generated by first creating a transaction that satisfies the script's specific time-lock and signature requirements. Since Nunchuk is a non-custodial coordinator, you would typically export the Partially Signed Bitcoin Transaction (PSBT), sign it with your hardware keys, and then use the command above to push it to the network.
To broadcast your transaction, use:
bitcoin-cli sendrawtransaction "HEX_CODE"
To sign without a hardware wallet, you must first import your private key into your Bitcoin Core node using bitcoin-cli importprivkey "YOUR_PRIVATE_KEY". Once imported, you can sign the unsigned transaction hex (the PSBT) by running bitcoin-cli signrawtransactionwithwallet "UNSIGNED_HEX", which will return the finalized HEX_CODE needed for the broadcast command above. This method bypasses hardware but exposes your key to the terminal environment, so ensure your machine is secure.
-Google gemini ai
But yeah that's just something I'm leaving here for future reference incase we can't use ai or look stuff up on Google about bitcoin in the future ....well there's the text you'll need to copy and paste to get your ancient locked bitcoin inheritance