This proposed fork is super controversial and is unlikely to gain acceptance from the majority of the Bitcoin community.
Key points:
1. This isn't just a regular upgrade - it's a change in ownership rules.
Bitcoin is built on the principle: “whoever has the private key, they are the owner.”
If coins can be seized for being deemed “inactive,” then:
Ownership becomes debatable.
Trust in the system plummets.
2. This fork is likely to become an alternative chain, not a replacement for Bitcoin.
Similar to occurrences like:
Bitcoin Cash,
Bitcoin SV.
The result?
- The original Bitcoin remains dominant.
- The fork becomes a new asset with its own community (often much smaller).
3. The narrative of “reviving dead coins” is a long debate.
Pros:
Supply becomes more “active.”
Could improve liquidity.
Cons (this one's heavier):
It’s not a lost coin — just dormant.
Includes holdings of Satoshi Nakamoto.
Changing it = violating the fundamental principle of decentralization.
4. The biggest risk: a dangerous precedent.
If today inactive coins can be seized,
Tomorrow new rules could emerge:
Old coins subjected to forced taxation,
Certain wallets restricted,
Rules changing according to majority interests.
This is what hardcore Bitcoin community fears the most.
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