While we cannot make this decision on behalf of a theoretical future Bitcoin community, I think burning vulnerable bitcoin is inevitable.

First of all, I think it’s the right decision. In a world where a CRQC (cryptographically relevant quantum computer) is on the short-term horizon, these coins will not remain with their original owners. No amount of hopium will solve that. Instead your options are only (a) freeze or (b) let some CRQC owner eventually steal them. I definitely prefer (a).

Luckily, it doesn’t have to be a lot of coins - any addresses which were created from a standard seed phrase + HD derivation can be recovered with a QC-safe ZK proof. It’s only the very very old coins (or more esoteric wallets) that would be frozen.

Finally, it’s worth pointing out that I think this is inevitable. In a theoretical future where a CRQC is on the horizon, both forks will exist. The market will ultimately decide which bitcoin they value more - one with an extra million coins of supply as the CRQC owners steal lost coins or the one without. I cannot imagine the market preferring the former.

nostr:note1yu8qh0l4cq9gg9fpk4jclp6q0mepuyacq8ha5ljnx76ang52t9pq2npf36

Got news for you Carter, LN is doing just fine without your acknowledgement by pretty much every metric imaginable.

Congrats everybody we did it. We killed bitcoin X 😂

Eens testen hoe ver een Nederlandstalige post hier komt 🤷🏼‍♂️

Kellogg’s, and corn flakes as a whole were invented as an anti-masturbatorial food?!

chapter 3 was interesting as hell. On to the next one.

#bookstr #fiatfood

“The talk about the ocean’s power.”

GM 🌎

Today is the day! First day at my new job 😎 I’m stoked!

So yeah, hopefully all goes well 🤞🏻

Wish me luck 🍀

Goodmorning all, received my blackfriday buy and pretty excited to read it this weekend. This book is written in 2014.. meanwhile we are now in 2024 and bitcoin is around 100k. Enjoy the ride, study Bitcoin, #Bitcoin is hope

Thanks. I see some big X accounts sharing fud related to Bitcoin Core and the devs and I'm like : none of you guys know what will happen.

I guess trying to outsmart Bitcoin is a bad idea. I try not to.

Is the fud around #bitcoin increasing or is it only me? Is it the norm for this part of the cycle?

GM!

Part 3 of a job interview later today 😬

Wish me luck 🍀🤞🏻