Freezing dormant BTC would trigger worst single day repricing in bitcoin’s history, says maximalist
Experts warn that freezing 5.6 million dormant bitcoins to prevent quantum theft would catastrophically undermine the network’s core promise of immutable, unconditional ownership.Summary
The Bitcoin community is debating a proposal to freeze approximately 5.6 million dormant BTC to protect them against potential future quantum computing attacks. Proponents, such as developer Jameson Lopp, argue that safeguarding these tokens via Bitcoin Improvement Proposal 361 (BIP-361) is necessary to prevent theft. However, many Bitcoin maximalists warn that such a move would be disastrous. Critics argue that freezing assets would prove that Bitcoin’s core value proposition is negotiable, leading to an immediate, massive sell-off as institutional investors flee an asset that no longer guarantees censorship resistance or inviolable property rights. The debate highlights a deep conflict between maintaining the network's decentralized ethos and mitigating existential technological threats.
(Source：CoinDesk)