I have 2 (very) young kids and have the following requirement:
For each kid:
-I want to send them $1 in bitcoin a day. This will have the tag "allowance"
-for the allowance incoming transaction, I want half to be spendable (no restrictions on my side), and half to be forced savings (either time locked 1yr, or maybe 2of2 multisig for 1yr)
-any other "utxo" to their address is also unrestricted
- assuming that this all happens in lightning, then once they have around $200 balance, half gets transferred to cold storage, they still see the amount, but it clearly shows its read only until it is transferred back into this hot wallet.
I think maybe LN Bits could do something like this, but it would need to be developed. Maybe fedimint?
Am I missing something that anyway exists?
There must be plenty of Bitcoiners with similar requirements?
Manu BTC
npub10v…5g2yd
2023-02-23 22:57:59
Author Public Key
npub10varma9909z07pwk07kqhlsr36xn2zwr8vy4crafqyz0kdyj4p3sv5g2ydPublished at
2023-02-23 22:57:59Event JSON
{
"id": "f2acbe6d5f96e66fcb702c713b32fdb70ade1baa5d06d8dd6f73b681ec24ce90",
"pubkey": "7b3a3df4a57944ff05d67fac0bfe038e8d3509c33b095c0fa90104fb3492a863",
"created_at": 1677193079,
"kind": 1,
"tags": [],
"content": "I have 2 (very) young kids and have the following requirement:\nFor each kid:\n-I want to send them $1 in bitcoin a day. This will have the tag \"allowance\"\n-for the allowance incoming transaction, I want half to be spendable (no restrictions on my side), and half to be forced savings (either time locked 1yr, or maybe 2of2 multisig for 1yr)\n-any other \"utxo\" to their address is also unrestricted\n- assuming that this all happens in lightning, then once they have around $200 balance, half gets transferred to cold storage, they still see the amount, but it clearly shows its read only until it is transferred back into this hot wallet.\n\nI think maybe LN Bits could do something like this, but it would need to be developed. Maybe fedimint?\nAm I missing something that anyway exists?\nThere must be plenty of Bitcoiners with similar requirements?",
"sig": "cec7bc8c77e3def946fc7eb91729768de91ee27c5453136995091461f8eaa670ff7d776b864b40376c3ae084ed485443c4d618b17ac97d29033d0ebe5eb3ac26"
}