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132 sats \ 2 replies \ @BeeRye 3 Oct \ parent \ on: What is the longest you would time lock your coins? bitcoin
why would it matter if there is a fork? is it because you want to be able to sell the btc fork you don't want ?
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95 sats \ 1 reply \ @Scoresby OP 3 Oct
Definitely the you can't sell issue. Maybe by the tune you can the alt fork is worthless.
But for instance the quantum resistant fork proposals all involve migrating all coins to new addresses. Timelocked coins are stuck. Some of the proposals further propose burning coins that don't move.
It's not hard to imagine other scenarios where you need to move your coins and a long timespan timelock could wreck you.
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0 sats \ 0 replies \ @grayruby 3 Oct
These are good points. A good argument for shorter term timelocks and just rolling into a new one if you want something longer term.
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