CZ just floated a wild idea: freeze up to 1 million $BTC tied to Satoshi's wallets.
Here's the plan he's suggesting:
Once $BTC upgrades to quantum-resistant crypto, give everyone 6-12 months to migrate their coins. Any coins that don't move during that window? Frozen forever. We're talking about roughly 22,000 dormant addresses.
To his credit, CZ admits this shouldn't be his decision to make.
But let's be real — this opens a massive can of worms. Who decides what counts as "dormant"? What if someone's just holding long-term? What if keys are lost but could theoretically be recovered later? And fundamentally, does anyone have the right to freeze coins that aren't theirs?
The quantum threat is real, but forcing a migration with a hard deadline feels like it goes against everything $BTC stands for. Permissionless, censorship-resistant, no central authority.
This is one of those moments where the "cure" might be worse than the disease.