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Uneasy Money: BIP-361 Wants to Freeze Satoshi's Coins. What Happens If It Passes?

Uneasy Money: BIP-361 Wants to Freeze Satoshi's Coins. What Happens If It Passes?

Published 3 weeks, 6 days ago
Description

A Bitcoin developer just proposed freezing wallets that don't upgrade for quantum resistance. Including Satoshi's.


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A Bitcoin developer just proposed the unthinkable: freeze every wallet that does not upgrade for quantum resistance, including Satoshi's. 

Kain Warwick and Taylor Monahan are here to reckon with BIP-361, the quantum threat to early Bitcoin addresses, and what it means that this proposal exists at all. They also work through who actually wrote Bitcoin — Hal Finney, Adam Back, and Dave Kleiman — and a trail that runs through the Epstein files. 

Plus: Justin Sun's frozen World Liberty Financial tokens expose why token holders have no legal rights, EtherFi's exit from Scroll turns into a live platform risk case study, and Circle's decision not to freeze known stolen USDC raises the question of what stablecoin issuers owe to the ecosystem.


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