Expert Warns Freezing Dormant Bitcoin Could Impact Market Pricing

Samuel "Chad" Patt has suggested that freezing approximately 5.6 million dormant bitcoins could lead to an immediate market repricing. According to NS3.AI, this is because the market would perceive circulating bitcoins as conditionally owned. This discussion arises from BIP-361, a proposal by Jameson Lopp and other developers, which considers phasing out bitcoin’s current cryptographic signatures. The proposal could potentially freeze assets that do not transition to the new system.