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

whats more likely?

1) satoshi’s coin is stolen by a quantum attacker

2) saylor’s coin is stolen by the us gov

The political climate in the west is going to be really really really fucking bad in the 2030’s.

World war 3 bad. Rise of hitler bad. March on Rome bad. Bolshevik revolution bad. Holodomor bad. Archduke shot bad.

The solution?

I can’t think of anything except to buy more bitcoin.

JUST IN: 🇺🇸 $2.6 trillion Citi says Bitcoin could hit $189,000 in the next 12 months 🚀

So fucked up.

Satoshi's Reserve is the pinnacle of Peony Lane.

It comes from best single barrel from each vintage.

Only 210 bottles make the cut.

While most countries restore old buildings for aesthetic and cultural value, Germany is stripping away stucco to satisfy environmental mandates.

Fiat standard 🤦🏻

Rumor has it that the German government is already lobbying hard behind the scenes for a German to become the next ECB president after Christine Lagarde’s term ends in 2027.

Berlin favors both Joachim Nagel, the current Bundesbank chair, and Isabel Schnabel, current member of the ECB’s executive board, over other candidates such as Klaas Knot (former Dutch central bank governor) and Pablo Hernandez (former Spanish central bank governor).

No German has ever been appointed as ECB president and Berlin feels that the time is now right.

However, with Ursula von der Leyen (President of the European Commission and de facto ruler) in place, securing another German in the most influential Eurozone job will be difficult.

Hello frens,

Data engineer/analyst/architect here. I just survived the FOURTH ANNUAL round of layoffs at the Bitcoin+cRyPtO company where I work.

I appreciate everyone and everything I have learned from here. But after FOUR CONSECUTIVE YEARS of layoffs (most of it due to chasing shitcoin gains), I am ready to move on.

Please hit me up if you are a Bitcoin or Nostr company that needs a data expert (no shitcoins).

I turned into a multimillionaire the other day.

My dad gave me this, a leftover100 million Mark from the Weimar Republic hyperinflation of 1923.

Reminder that fiat money is only worth the paper and the promise it's printed on.

The FedEx softly blasting thrasher metal 🤙

Once a week this comes in useful.

Propaganda I’m NOT falling for, as a Bitcoiner:

1. Political saviorism. I don’t believe in politicians. Left, right, they’re all playing the same game. Flirting with state power goes against the values of Bitcoin. You can’t vote your way into freedom.

2. 'Tradwife' isn’t cool. Middle/low class women weren’t happy, they were broke & dependent. Rich housewives were always the exception. If you can’t leave it’s not love, it’s a trap. Bitcoin = real choices for everyone.

3. HODL until you die. No thanks. I’m here for freedom, not for another religion. Bitcoin is a tool. Use it to live well, not just to cope. Spend it, enjoy it, build with it.

4. Extreme purity culture. Yes, I care about security. But I also live in the real world. I won’t die if I buy a coffee with a custodial wallet. Tradeoffs are fine if you are free to choose them.

5. Cut everyone off. I won’t 'divorce' my friends and family because they don’t get it. They are free to stay out. I am free to stay close. One day, they might ask. I’ll be there. Love > ego

6. “Bitcoin fixes everything”. No, it doesn’t. That’s a childish take. Bitcoin is powerful, but it’s not magic. It won’t fix your relationship, your bad diet or your ego. It gives you tools... not a personality.

Fix yourself. Then use Bitcoin to build better.

What's happening in the UK is very sad, but expected. We've known for decades that the fight for freedom in the Digital Age will only be won with unstoppable software that makes it impossible for tyrants to silence individuals.

Honored to be a part of this protocol with you all. Many don't recognize it yet, but Nostr will be the protective layer of free speech in the digital world.

Keep pushing forward.

American mind can't comprehend that

Hi, my name is Richard Martin. I’ve been posting for a week or so, but never introduced myself. I’m interested in history, strategy, science, philosophy, technology, and individual freedom and autonomy. And of course Bitcoin, Nostr and Bitcoin mining.

#introductions

Many days I just want to say fuck it and kick it with my friends on a podcast talking about bitcoin and the better world we wanna make

"As more people make coins - the more normal it gets"

"It feels weird at first but then you realize it’s just a way for people to trade the popularity of your posts and profile"

This is the end state of the high-velocity trash economy. Over-complicating things that can easily be solved with better money.

What team are you thinking of specifically?

The latest altcoin narrative is ironically altcoin treasury companies.

Ethereum, Solana, Doge, Litecoin, etc treasury companies.

Just like past cycles, they’ll have their day in the sun and then roll over into obscurity again.