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123 sats \ 2 replies \ @optimism 4 Oct \ parent \ on: nLocktime.. is hard fork inevitable? bitcoin_beginners
It's basically the problem people wanting to use Bitcoin as a store of value for generational, unconfiscatable wealth run into (though the 2106 date is sooner and more impactful.)
However, the reason why this use-case is premature is because you cannot extrapolate 16 years of data into centuries and assert stability, especially since the technical expiry date right now is 2106. I'm sure there will be a fix but if you look closely at what some people dare saying about confiscation in the whole quantum crap debate, I would say that the current trend is decline of long-term reliability.
It is better to use one's sats as MoE primarily.
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200 sats \ 1 reply \ @Scoresby 4 Oct
This, to me, is why time locks much past a year or two are risky.
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111 sats \ 0 replies \ @DarthCoin 4 Oct
and I locked some BTC for 100 years just to fuck up with future devs 😂😂😂 I will just look from the sky and laugh.... me, the stardust.
Some people will ask "why did you locked BTC for 100 years?" I will answer with another simple question: "why dogs lick their balls?" The answer is : because they can...
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