Sadly you missed a huge group of coins - forgotten wallets and non-bitcoiners.
People often forget they had Bitcoin or just don’t care enough to check in on it for *years*. The only way to ensure they get their money is to disable insecure spend paths but allow them to claim via a seedphrase ZK proof. The side effect of this is that you also burn coins not held in a seedphrase-derived wallet (very old coins and a select tiny minority of wallet software).
matt / Matt Corallo
npub185…swrdp
2026-01-16 22:56:27 UTC
in reply to nevent1q…w490
Author Public Key
npub185h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qcswrdpPublished at
2026-01-16 22:56:27 UTCEvent JSON
{
"id": "efeaae936e0e0782795967962fe868a64b92b1f86757c283e4314e68bbdb600c",
"pubkey": "3d2e51508699f98f0f2bdbe7a45b673c687fe6420f466dc296d90b908d51d594",
"created_at": 1768604187,
"kind": 1,
"tags": [
[
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"16a0207d226b6675bc46efe1c953953185b0d6f8dfad20572faa30c88cc1efd8",
"wss://relay.primal.net/",
"root"
],
[
"e",
"158a5f4c9f94e1a6c3206fbf0140e2f5a0c3086a0337a070a9c46fedf00e5285",
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],
[
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[
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[
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"content": "Sadly you missed a huge group of coins - forgotten wallets and non-bitcoiners.\n\nPeople often forget they had Bitcoin or just don’t care enough to check in on it for *years*. The only way to ensure they get their money is to disable insecure spend paths but allow them to claim via a seedphrase ZK proof. The side effect of this is that you also burn coins not held in a seedphrase-derived wallet (very old coins and a select tiny minority of wallet software).",
"sig": "bff445fba95c58789e1a61c31ced3d1380a967a578b20e907b73963a0ccb2e48b5a6a3177f027308de227bac06f3371724ca09741c99a0f1176168c4b1814cd5"
}