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jryiotoday at 5:53 PM1 replyview on HN

Here's an interesting discussion from Section 8 - Dormant Wallets:

If a nation state develops a sufficiently powerful quantum computer. Seizure of the Satoshi-era bitcoin wallets without post quantum protections would fund either rogue actors or nation states.

> Indeed, some governments will have the option of using CRQCs (or paying a bounty to companies) to acquire these assets (possibly to burn them by sending them to the unspendable OP RETURN address [321]) as a national security matter. As before, blockchain’s loss of the ability to reliably identify asset owners combined with the laches doctrine [319] enables governments to argue that the original owners, through years of inaction, have failed to assert their property rights


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PowerElectronixtoday at 6:14 PM

As soon as activity is detected and reasonably atributable to sha256 being broken, bitcoin goes to zero.

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