Saylor is now addressing the Quantum threat, as anticipated

So there you have it- all the big players agree solutions need to be in put in place.

Thankfully, many have been thinking about it, and it still boils down to one question:

How should we deal with vulnerable assets where the owner doesn't move to secure options?

This is an issue because an estimate 20% - 30% of coins may no longer be controlled by the original owner.

Should we allow those to be taken?

Consider these

Option A: Simply offer a way users can transition to a secure option.

Coins that don't move eventually are acquired by someone other than the original owner.

Option B: A solution enabling a decision at some point in time where users will no longer be able to sign with old cryptography.

The objection here is some legitimate owners may fail to act in time and effectively lose their coins.

But it's also true that if they don't act in time, their coins will be taken.

So how do we decide?

Option B raises further questions of what you truly own with digital assets if a change can be made where you lose access.

What is the social contract?

Is it fair if changes are made that could lock someone out of their wallet... when it becomes more likely that wallet will be stolen?

With most assets- you are hoping they WILL be affected by decisions made. Ideally to make them more valuable.

Stocks- business decisions, profits

Real estate - improvements in and around the neighborhood, or the property itself.

Even with metals- on and off ramps, ease of buying/selling without loss of value.

And changes have happened to BTC. Even resulting in forks, and people could decide to exit if they don't like the proposed changes.

You could argue changes were forced upon people that may have been unaware, but this is the nature of the asset.

So now that we recognize a security flaw due to quantum computing, there is an expectation it has to be addressed.

Which means Option A should be built and deployed asap without an argument. Make that available so people can transition over time.

After that, we turn our attention to the tough questions surrounding Option B.

Which will be an ongoing debate considering risk to the network, and reaching consensus on when coins are no longer secure. Deciding at what point in time the rightful owners don't appear to have control over their assets any more.

Option B debate doesn't need to be solved today. Start with Option A and continue the discussion.