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dormantcoins

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by Daniel

April 29 2026
Illustration for Who Owns Dormant Bitcoin? The Answer Isn't The Protocol

Who Owns Dormant Bitcoin? The Answer Isn't The Protocol

The article argues that dormant Bitcoin, including Satoshi’s coins, remains legally owned, not abandoned, because inactivity alone does not extinguish property rights. It critiques proposals like eCash and BIP-361 as attempts to override ownership through protocol changes, emphasizing that such interventions conflict with both established legal principles and Bitcoin’s core design, where control--and thus ownership--is defined solely by possession of private keys.

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