Hoskinson Warns Seizing Satoshi's 1.7M BTC Would Trigger Economic Shock
Cardano co-founder Charles Hoskinson warned in a late-afternoon post that forcing seizure or freezing of Satoshi Nakamoto's ~1.7 million BTC—valued at $88.65 billion—could destabilize markets and erode digital property rights amid BIP-361 quantum risk proposals. Earlier that morning, he similarly cautioned that such moves would split Bitcoin, cause catastrophic harm, and highlight Cardano's superior on-chain governance like dReps, Constitutional Committee, Leios, and Peras. With BTC at $80,798.9 (market cap $1,617.88B), the repeated alerts underscore governance tensions potentially pressuring BTC while favoring ADA.