Debate over 4M dormant BTC grows after Google quantum computing report

A community debate is intensifying over how to handle four million dormant BTC following a Google report that quantum computers could break Bitcoin's encryption, U.Today reported. On-chain analyst Willy Woo proposed that the dormant supply should be frozen or upgraded to be quantum-resistant if necessary. He warned that if quantum computers were to brute-force older addresses, the resulting supply dump could trigger a market collapse, arguing that the protocol should not abandon its users. In contrast, Blockstream CEO Adam Back contended that security is the responsibility of individual holders. He argued that any attempt by developers to determine the validity of specific coins would be an act of centralization. Back maintained that preserving the immutability of Bitcoin's code is more important than artificial intervention, even if the quantum threat materializes, stating that a hack of dormant coins should be treated as a market event without protocol-level intervention.