bjorn on Nostr: Don't think it's possible to get consensus on burning millions of BTC. The more ...
Don't think it's possible to get consensus on burning millions of BTC. The more conservative approach of letting vulnerable coins remain seems both more ethical and more likely to be adopted.
If it redistributes some wealth to those with quantum computers this is not too much different from the way coin distribution has already worked in BTC. Over the long term it won't matter, but the precedent of seizing coins would.
Published at
2025-03-16 17:55:37Event JSON
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"content": "Don't think it's possible to get consensus on burning millions of BTC. The more conservative approach of letting vulnerable coins remain seems both more ethical and more likely to be adopted.\n\nIf it redistributes some wealth to those with quantum computers this is not too much different from the way coin distribution has already worked in BTC. Over the long term it won't matter, but the precedent of seizing coins would.",
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