reply on: Locked 1 BTC until 2030 \ stacker news ~bitcoin

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112 sats \ 8 replies \ @030e0dca83 18 Aug \ on: Locked 1 BTC until 2030 bitcoin

Why didn't you use time lock transaction and keep your own keys? Or you made it to promote this pork?

49 sats \ 4 replies \ @openyoureyes 18 Aug

He probably did not use timelock to be able to spend it earlier. He wrote: If Bitcoin reaches $1M it unlocks earlier This is not possible with time lock. So he wants to lock it but also wants to be able to unlock it before 2030.

31 sats \ 0 replies \ @030e0dca83 19 Aug

Giveaway your Bitcoin to a random person who promises to give it back once Bitcoin hit 1m, are you serious? It sounds suspicious

I'm ready to be this piggy, if someone wants to store their sats on my wallet

0 sats \ 2 replies \ @chebibu OP 18 Aug

Everybody says it might hit 1M on the next halving, so I set that as the early unlock. Just in case it happens before 2030.

0 sats \ 0 replies \ @ZezzebbulTheMysterious 19 Aug

If you believe this, you might want to actually hold the coin, because you will not be seeing it in 2030…

0 sats \ 0 replies \ @030e0dca83 19 Aug

@remindme in 5 years about this post

0 sats \ 2 replies \ @chebibu OP 18 Aug

Piggy is for regular folks like me. Not everybody is a hardcore Bitcoiner. I even gave one to my kids, and they picked it up without any problem or questions. I locked it and dropped in a couple hundred dollars worth of sats so they can learn.

And yes, I’m promoting my Piggy. If someone buys their own through my link I get a commission. Piggy just started, so I’ve got plenty of chances to stack :)

410 sats \ 0 replies \ @zodthebarbarian 18 Aug

Ugh, this line of reasoning hurts my soul. Self custody is for everyday regular ppl too. Self custody does not have anything to do with being a hardcore bitcoiner. Logic like that reeks of being an MBA trying to sell a business and it's sad. Just my 2c.

10 sats \ 0 replies \ @ZezzebbulTheMysterious 19 Aug

Sounds like piggy is for naive Bitcoin holders who have not learned the hard lessons yet. Why would anyone pay for a scam bank custodial service that maybe one day might give some of the coin back. You might be new to bitcoin, so I’ll break it down for you. For the last 16 years scammers have been convincing people to give their coins to them. Due to gross incompetence, the coins are lost or stolen. People cry. People go to jail.

Everything you have built is possible without custodial risk. It just doesn’t have a place today without being a scam in 2025. And the NFTs just reinforce the scam. It’s called a Bitcoin affiliation scam.