Basically a digital time locked safe.
You could send something to a reporter and not even the NSA could open it until the appropriate time.
You could encrypt crypto-wallet keys with it and your heir can’t open them until after turning a certain age.
My use case: my wife or myself write a letter that can’t be opened until some point in the future. Every year, we delete the old letter and write a new one. This is “in case we die” so it’s addressed to loved ones. Right now, we can theoretically read each other’s letters if we wanted to, but this encryption doesn’t require us trusting each other, the service we host them on, or anything.