Bitcoin experts split over plan to freeze Satoshi's 1.1 million bitcoin as quantum threat grows
Bitcoin experts are debating a proposal to freeze Satoshi Nakamoto's 1.1 million BTC to prevent potential theft via future quantum computing attacks. Critics argue that such an action would violate the core principles of Bitcoin's permissionless and decentralized nature.
Why it matters
The debate highlights the tension between security concerns and the fundamental philosophy of decentralization in cryptocurrency.
Zhao, widely known by his initials CZ, floated the idea during a podcast last month with Galaxy Digital's Alex Thorn. His idea was to give Satoshi six to 12 months to move the bitcoin BTC $ 63,269.68 , worth about $68 billion at bitcoin’s current price of roughly $62,000. If nothing happened, he said, the community could decide whether to freeze those addresses.
The article presents multiple viewpoints from industry experts regarding a technical and philosophical debate.
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