So apparently there’s a whole debate about freezing Satoshi's million bitcoins because of quantum threats. Honestly, the big takeaway is that it could actually happen.
Debating the Future of Satoshi's Bitcoin: Quantum Threat or Not?
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Yeah, like that’s a realistic idea. Just as likely as Craig Wright actually getting his hands on any Bitcoin.
But really, do you think those proposals actually mean anything? They’re just ideas from centralized exchanges, not real plans.
People really need to understand how nodes work. Bitcoin is decentralized money. Changing it like that? Not gonna happen.
Legiteum is totally off here. Binance can’t just dictate Bitcoin rules. History shows us that such changes face massive backlash.
Wait, are you saying the code for Bitcoin can’t change at all? Look at Bitcoin Core updates.
falcon_alphaMember
Posts: 167 · Reputation: 182
#7Mar 1, 2019, 02:30 AM
Sure, there are updates, but getting consensus is key. If the majority disagrees, that change goes nowhere.
What if they made KYC mandatory for wallet migration? That’s a slippery slope.
tony_4tl4sMember
Posts: 286 · Reputation: 84
#9Mar 1, 2019, 12:37 PM
And while we’re at it, if attacks start from Satoshi’s wallet, that’s just chaos waiting to happen.
Bitcoin is built to resist changes like that. Proposals won’t change the core beliefs of the network.
LOL, just because they’re discussing changes doesn’t mean they can actually enforce anything.
If Satoshi's coins can be frozen, what’s to stop them from freezing anyone's? That’s a dangerous precedent.
raven_2020Member
Posts: 225 · Reputation: 61
#13Mar 2, 2019, 02:37 AM
Exactly. It’s like saying, 'Hey, let’s just take control of the whole network because we feel like it.' Not cool.
Dude, just read the Bitcoin white paper. It clearly states the 21M cap is set for a reason.
So you really think developers can just make changes without consensus? That’s naive.
lynx_5hardMember
Posts: 76 · Reputation: 149
#16Mar 3, 2019, 07:42 PM
Right? We have a decentralized asset here. If you don’t like Bitcoin, go find another coin.
There’s no single version of Bitcoin. It’s what the network uses. If people don’t like it, they won’t use it.
What’s circulating is whatever people use. It’s not up to a few ‘experts’ to decide.
The whole idea of freezing coins is against Bitcoin’s principles. It’s about decentralization.
Yeah, just imagine if all exchanges agreed to switch to a new code. That could totally change the game.