Freezing $440 Billion in Dormant Bitcoin Could Trigger a Massive Price Shock
A proposal to freeze dormant bitcoin, worth approximately $440 billion, has sparked a heated debate among crypto enthusiasts and industry experts. The suggestion, aimed at safeguarding against potential quantum computing threats, could have severe consequences for the market. According to Samuel 'Chad' Patt, founder of Op Net, freezing any coins would set a precedent, implying that all 19.8 milli…