Post
Topic
Board Bitcoin Discussion
Re: What to do with Satoshi Stash? Jameson Lopp has a view.
by
franky1
on 20/03/2025, 09:44:12 UTC
so he proposes locking up funds stored on legacy keys

seems some dev-politicians are steadfast wanting to force people into cludgy segwit and taproot, but now they are trying to pretend its for the goodness of their heart

now imagine anyone who has coins and like most pension plans/long term investments, they just dont touch it for 10-40 years, and do as the community preach "hoard"(hodl)
and then come back to find out some centralised dev-political group have just locked you out from ever spending your coin.

...
now imagine one of the cludgy things of taproot/segwit was found to have its own bug that makes it far more easier for a hacker group to brute segwit/taproot than the FALSELY perceived risk of quantum vs legacy

well we cant then do any backward compatible spending to legacy until the bug is fixed

..
i have been seeing for last few years how a couple certain core devs whom act like judge jury executioner and politician all rolled up, have been pushing to kill off legacy access to bitcoin spending, without fixing the issues of segwit/taproot cludgy code.

so how about they clean up segwit/taproot issues first or create a more secure new keypair system and transaction handling method. before trying to lock people out of their funds if they dont move funds to segwit/taproot under (false) threat of quantum