Glad to see a large number of people expressing themselves over the suggestion of freezing coins.
It will not work; a Bitcoin in which that happens is basically worthless. I mean that both functionally and monetarily. Because the main thing that makes Bitcoin distinct from all the other coins is that it has no rulers.
Users and eventually hash power will leave and go elsewhere if it proves to have rulers.
And no it does not have rulers today because soft forks have somehow got activated, occasionally. In a decade there have been 4, iirc, and *crucially none of them impacted any user's existing property rights*. Just giving you more options, not 'rulers'. Still it's appropriately nearly impossible to make such changes.
While contrary to the false statement in BIP361 about 'supply changes', there is no certainty about what happens if someone gets access to those old keys. It could be a big clusterfuck, or not, but at least it won't kill the project if a viable PQ alternative exists by then.
It will not work; a Bitcoin in which that happens is basically worthless. I mean that both functionally and monetarily. Because the main thing that makes Bitcoin distinct from all the other coins is that it has no rulers.
Users and eventually hash power will leave and go elsewhere if it proves to have rulers.
And no it does not have rulers today because soft forks have somehow got activated, occasionally. In a decade there have been 4, iirc, and *crucially none of them impacted any user's existing property rights*. Just giving you more options, not 'rulers'. Still it's appropriately nearly impossible to make such changes.
While contrary to the false statement in BIP361 about 'supply changes', there is no certainty about what happens if someone gets access to those old keys. It could be a big clusterfuck, or not, but at least it won't kill the project if a viable PQ alternative exists by then.
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