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by ozim 234 days ago
Showing that you have access to all wallets will surely kill the market but silently getting abandoned ones and selling off would seem better choice.

But on the other hand there are people looking at those abandoned wallets and if money start to flow out from them someone will ask questions.

2 comments

It's a dumb analysis of the situation that ignores what would actually happen:

A new wallet cert would be created that uses more bits. Enough that a brute force even with a quantum CPU would take too long. Then you transfer the funds to the new wallet. Abandoned wallets might be claimed during this transition but overall the deflationary trend of btc won't really be effected long term.

I think having Trump whisper in your ear before the next Truth Social post is the least effort way to win at Crypto. Inventing a viable quantum computer seems like way too much effort for the bros.