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Kain Warwick

Appeared on:Unchained
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โ€œIt is like really deep fundamentalist religion where certain ideas have taken a hold of the Bitcoiners. There are certain people who dominate the narrative, and they're very aggressive and quick. A lot of times people describe it as like an immune system. A new idea or a new thing comes in, and even if people don't understand what the idea is, just the idea of having ideas is shunned and rejected pretty violently.โ€

โ€” Taylor Monahan
APR 18, 2026Laura Shin

Uneasy Money: BIP-361 Wants to Freeze Satoshi's Coins. What Happens If It Passes?

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    Quantum threats challenge Bitcoin's long-standing protocol ossification

    โ€œThe thing that scares me about Bitcoin and quantum is their ecosystem and their developers, their engineers, their coordination mechanisms are not at all prepared. They've just done such hard lines in the sand over so many years, and now it's getting to the point where it's like, wait, this is actually a legitimate real threat. And apparently, they still have it in them to consider these drastic moves.โ€

    โ€” Taylor Monahan
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    BIP-361 proposes freezing unupgraded legacy Bitcoin addresses

    โ€œThis first story is BIP-361. This is pretty crazy. I feel like the Bitcoin quantum stuff has been floating around for a while and people are getting freaked out. This is the first thing that we've seen that hasn't been like, oh, we should think about it, but like we should start doing things. And Bitcoin doesn't usually do things, so this feels like a new front in the quantum Bitcoin war right now.โ€

    โ€” Kain Warwick
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    Bitcoin shifted from software code to fundamentalist religion

    โ€œSatoshi steps away, and different people start to take up the mantle. You get these evangelists who come in who are like super excited about Bitcoin. And it becomes somewhat religious at that point, but still software. There's still software guys doing software to it, and that's OK. But then somehow between the peak in 2011 and the first bear market, the religion of Bitcoin starts to become a thing.โ€

    โ€” Kain Warwick
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    The fork wars solidified Bitcoin's resistance to change

    โ€œA lot of the Bitcoiners moved to Ethereum or to at least a multi-coin point of view at that point. And then once the fork wars happened, the people that really remained in Bitcoin were the ones who were so religious. That's what solidified it. It became a matter of, 'No more. This is no longer code.' It validated their position as being correct over time as other chains died.โ€

    โ€” Taylor Monahan
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    Bitcoin's social immune system violently rejects new ideas

    โ€œIt is like really deep fundamentalist religion where certain ideas have taken a hold of the Bitcoiners. There are certain people who dominate the narrative, and they're very aggressive and quick. A lot of times people describe it as like an immune system. A new idea or a new thing comes in, and even if people don't understand what the idea is, just the idea of having ideas is shunned and rejected pretty violently.โ€

    โ€” Taylor Monahan