janis on Nostr: Makes sense! The only thing I’m wary about is this: “Old coins, coins that ...

Makes sense! The only thing I’m wary about is this:

“Old coins, coins that haven’t moved in years, some dormant since the single-digit price days, are suddenly active. Not all at once. Not in panic. But steadily this year but especially since the summer. Methodically. Addresses that accumulated when Bitcoin was a cypherpunk experiment are finally moving their holdings.”

If a sufficiently advanced actor would’ve developed the quantum capability needed to attack Bitcoin, this is exactly how it would look like.

I don’t actually think that’s the case though. And also, that wouldn’t change the actual effects of the redistribution, so maybe wouldn’t even matter!