Dan Held|Apr 18, 2026 15:12
I'm anti BIP-361.
For those who don't know, it deprecates or freezes coins that don't move after a certain migration date (for post quantum upgrades). It's not a full confiscation of every pre-quantum coin, but a good chunk of them.
Bitcoin's primary value props: best monetary policy of any money + extremely hard to seize asset.
If the protocol for any reason makes these assets "seizable" (destroyed) through a change in the code, then it impacts both of those value props. Granted, Satoshi's coins being cracked would also negatively impact the perception of seizability. However, intelligent market participants will understand this is the lesser of two evils.
For this reason, I'm not for any proposal that allows these coins to become frozen.(Dan Held)
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