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🤔 Bankless: How Should We Handle Satoshi's 2 Million Bitcoins
On April 3, 2026, Bankless discussed the handling of the 2.3 million dormant Bitcoins belonging to Satoshi, which are at risk of quantum hacking. The hosts explored strategies from a recent Google paper, including a complete burn, an hourglass mechanism, and a pegged sidechain. They also referenced CZ’s perspective, suggesting that if these tokens remain inactive for an extended period, it may be better to lock or burn those addresses. The hosts expressed shock at the suggestion of destroying millions of Bitcoins, emphasizing the implications for property rights that underpin Bitcoin's existence. #crypto