Now that we have DSV, I'm thinking a cool use of it would be a cryptographically proven lock of funds for people who want to put their money where their mouth is concerning how they value Bitcoin Cash. This would depend on a trusted party acting as an oracle, but the idea is this:
Anyone who has some extra funds for hodling (not your spending stash) can lock their coins to not be spent before the price reaches a price threshold, say $5,000 per coin. Then a website can be set up as an index to track the total of all of these locked coins.
If a large number of coins are provably taken off the market until we reach said price, someone might look at that as a quantifiable indication of how others value the coin.
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Is anyone interested in this? We would need a trusted party (who's willing to put their reputation on the line) to relay the price to any transactions depending on said lock. I'm thinking Coinbase or Bitcoin.com might be the best bet as far as reputation goes, but there might be others.
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source https://www.reddit.com/r/btc/comments/a8g3wl/lock_coins_until_price_meets_threshold/
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