𫸠Bitcoin Community Rejects Code Rewrite Proposal
The crypto community quickly shut down a proposal by Mark Karpeles, the former CEO of Mt. Gox, to rewrite Bitcoinâs code in order to recover 79,956 BTC (worth over $5B at current prices). đ°
Karpeles suggested âmovingâ the coins to compensate creditors, but Bitcoin developers and even some Mt. Gox victims firmly opposed the idea.
The core argument was simple and uncompromising:
If the rules can be changed once for $5B, then the fundamental principle âyour keys = your coinsâ stops being law.
âď¸ The reaction highlights Bitcoinâs core value â immutability over convenience, even at a massive financial cost.