Quantum upgrade, very likely could trigger a once-in-history “major bottom” for Bitcoin.
The reason isn’t just that quantum computing can threaten some early addresses; more importantly, it may force the Bitcoin community to face a governance challenge like none before.
Whether Satoshi’s addresses are frozen or not, and whether those early bitcoins that haven’t moved for years are frozen as well, will inevitably spark enormous controversy.
To freeze means Bitcoin would be actively modifying asset rules for the first time, challenging the “code is law” philosophy.
To not freeze means there is, in theory, a risk that part of the assets could be stolen via quantum attacks, and market confidence would also take a hit.
The real difficulty has never been the technology—it’s always been consensus.
Once the upgrade phase begins, the struggle between different factions in the community, miners’ and nodes’ choices, and wallet and exchange compatibility could all lead to consensus fracturing, or even a chain split. At the same time, large-scale migration of UTXOs and upgrading signature schemes could temporarily congest the network, causing on-chain fees to rise significantly.
Therefore, the true test of the quantum era is not only whether Bitcoin can upgrade cryptography, but whether it can still complete a global consensus upgrade while maintaining decentralization.
In history, the biggest risk for Bitcoin has often not been the technology itself, but community consensus.
Only an idiot would easily say, “Freeze Satoshi’s coins and throw them into a black hole.”
$BTC $ETH $LDO #btc #eth #LDOMove