MultiversX Tracker is Live!

Generational wealth idea

Bitcoin Reddit

More / Bitcoin Reddit 154 Views

Came up with an interesting idea. If some of us are trying to create generational wealth for our families, should we “tie strings” to our bitcoin before releasing it? I don’t want my son or future descendants to blow through the asset, so I was thinking of making someone pass a test, thus teaching them about money and bitcoin in general, then rewarding them with bitcoin as they continue learning. Kind of a familial proof of work, if you will, to appreciate the time it took to earn it. And also to avoid wasteful spending of sats.

Only hang up would be the release of it in my will. How can that be accomplished? Multi-sig?

submitted by /u/JTennant83
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments