Questions for Greg Maxwell

Seriously, Greg. What you just said is so ridiculous that I can’t just let it slide. I was shocked when I read your response, had to take a screenshot. It definitely deserves its own thread. When you talked about BIP110 and how it could potentially take away your coins, you said this: So I’ve got a few questions about your claim. - Greg, can you point me to any tutorial online that shows how to get rid of your private keys after you’ve committed your coins to some complicated inheritance or kidnapping plan using op_if in Taproot? I’m looking for something from before the BIP110 announcement that a regular person could actually follow. - Can you think of any other situations where getting rid of your keys would make you lose your coins, whether or not BIP110 comes into play? - Would the very first core 30 release still let me spend my coins after it deleted my private keys? For everyone else reading this, just so you know: If you delete your private keys, you're guaranteed to lose your coins. This has been the case since Bitcoin started in 2009. That’s why we often say, "Not your keys, not your coins." If you delete your private keys, you will lose your coins every single time. But Greg Maxwell seems to think this can somehow be blamed on BIP110. So if someone ever suggests you delete your private keys as part of an anti-kidnapping plan, here’s what you should do: - Politely kick that idiot in the nuts repeatedly. - Dig a 5-foot hole in your backyard, bury your private keys at 4 feet deep along with a decoy private key.

It is well known at least since 2016, and it was used to create Zcash altcoin: And similar setup can be done on Bitcoin as well. We have 2026, so that kind of things are known for at least 10 years, if not more. The main problem with BIP-110 is that you don't know, what will be blocked in the future, and what will be allowed. You constantly have to ask people, if they understand your scripts, or you risk being blocked. Which defeats the purpose of the Script: it was invented to allow nodes to process future scripts, even if they don't understand it. But BIP-110 wants to push us to the world, where only centrally approved use cases can be seen on-chain, and where only very simple scripts are allowed. If you have a valid transaction, then you don't need your keys anymore. And BIP-110 says: "Surprise! You thought you can broadcast your valid transaction later? No way, it is now invalid".