Freezing other people’s bitcoins is wrong, no matter what the motivation. In my view there is only one way to preserve Bitcoin’s censorship‑resistance without violating that principle:
Introduce quantum‑resistant addresses - By adding a new address format that is provably secure against any foreseeable quantum attack, users who consider quantum computers a real threat can voluntarily move their funds to those addresses. The choice remains entirely in the hands of the coin holder. If a holder decides not to migrate —whether because they have lost the private‑key, because they distrust the new format, or for any other personal reason — then they accept the associated risk. The potential loss is a direct consequence of their own decision, not of an imposed freeze.
Should quantum computing enable the reactivation of old Bitcoin addresses, their influx may cause a crash in the price, but the price can recover. A temporary price-correction is not a reason to compromise the protocol’s core guarantees.
Preserving Bitcoin’s immutable, permission‑less nature must remain the highest priority.
I'm shocked by what I'm reading. If you freeze or burn Bitcoin UTXOs that you merely presume to be lost, you fundamentally undermine Bitcoin's core promise of censorship resistance. This causes irreparable damage.
And why? Out of fear the price might crash? Prices can recover, Bitcoin's credibility cannot.
Lost bitcoins are like treasure in a sunken ship, currently unreachable to everyone. The development of quantum computers will change this situation. Whoever is then able to crack the old private keys may lawfully recover the treasure. comparable to a finder who, after centuries, raises a wreck. In order for fair conditions to prevail and for each owner to have the same chance to secure his property, the timely introduction of quantum‑resistant addresses is essential.
On the internet, it's impossible to use fiat currency without a trusted third party. This is precisely why Satoshi Nakamoto created Bitcoin: the people's currency, the digital cash for a new world. It was designed to defend your purchasing power and your freedom, to protect us from the fiat system which has failed us
Of course, the quantum computing problem should be solved at some point. However, I'd bet my ass that as soon as it's resolved, another FUD will pop up. That's how it's always been in Bitcoin's history - FUD after FUD after FUD.
I only use the newspaper to fire up the fireplace
Honestly, the McDonald's outfit looks fantastic on HODL
It's interesting how the majority is suddenly convinced we're in a Bitcoin bear market, just because the price is down 25% from its all-time high. Anyone with experience in this space knows that 20-30% pullbacks are a normal part of a bull market. Don't get me wrong, this could be the start of a bear market—nobody knows for sure.
What I find amusing, though, is that the same people who were shouting "this is just the beginning!" when Bitcoin hit 100k, only to see it trade sideways for a year, are now the ones declaring a bear market. The majority has been wrong before, why should I believe they're right this time? If there's one thing I've learned from Bitcoin, it's that the outcome is almost always the opposite of what the crowd expects.
The robot army has arrived.
Ubtech’s Walker S2 robots are now rolling out at scale with advanced AI and auto battery swapping. 😳 https://video.nostr.build/98bf7df50010e7a5c834a426a10fe52e9ed6373d9a1adbefb89408e2de2ad347.mp4
Technology unemployment
They call it “quantitative easing.”
We call it theft.
https://blossom.primal.net/59809ac5b6c13db6c3d0664e84ad62c9ca0ef6187892c6627e440c4552a1fa72.mov
Thieving scoundrels!!
$50 Weekly DCA Since 2022 (200 Weeks)
🟢 Cash = $10,000
🟡 Gold = 4.556 oz ($18,383)
🟠 Bitcoin = 0.2614 BTC ($28,643) https://blossom.primal.net/89ea461e84bed8c44d216411126c668d35c097e0465bd9da0c57fc95e13d425a.mp4
But the volatility
NEW BLOG: I'm Banned From Stripe & Telegram, Here's How To Support Me Next
TLDR: I've kissed @stripe goodbye, I'm now using nostr:nprofile1qqsv8fus0eeygg3k4mzlv9y5j9x5jka6pzvyfgkcyrug38hmutnfd5spz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5u34wfv, accepting both Fiat & Bitcoin payments!
Permissionless, no middleman - I love it.
Read more here: https://www.efrat.blog/p/im-banned-from-stripe-and-telegram
If you want to enable proper solo mining, you might consider installing Datum. It lets you create your own block templates, giving you full control over the mining process.
I run Knots because:
- I want full control over MY node. I want to determine which transactions enter MY mempool and which are relayed.
Core doesn't offer me this level of control, which is why I switched to Knots.
Whether the leaked private chat messages from Luke are true or false is irrelevant to me. I only care about the code I'm running
If Luke were to release an update that would result in a hard fork, I simply wouldn't update. A hard fork is not a solution.
Therefore, NO, I will NOT delete Knots.
This is why you should never stand under a tree during a storm.
[📹 tomasgesu]
https://blossom.primal.net/52bcc230dd11035ea76343b1fc6b58c776acf921a90cc30658a0cd6853c2fc7b.mp4
BOOOM
They're trying to regulate a technology that can't be regulated. Bitcoin is a permissionless protocol, and that's not going to change. Even if they did manage to introduce such regulations, I guarantee you'll still be able to make Bitcoin transactions without needing anyone's permission. That's the whole point of Bitcoin.