tldr; A debate emerged about the potential impact of a quantum computer hacking Satoshi Nakamoto’s Bitcoin stash and selling the 1 million BTC, potentially causing a market crash. Bitcoin expert Willy Woo noted that many Bitcoin OGs would buy during such a flash crash, and the network would survive. Older Bitcoin wallets, including Satoshi’s, are vulnerable to quantum attacks, but newer wallets are more secure. Experts like Adam Back believe Bitcoin has decades to adopt quantum-resistant cryptography before quantum computers pose a real threat.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
JuicySpark on
Yeah you can buy it when it crashes down to zero after the hack
OneRobotBoii on
Some people really dumber than rocks
Big_Sherbert88 on
Why the fuck would you buy something that’s been hacked ? They can literally instantly take it back
nameless_pattern on
„Experts like Adam Back“ 🙄🙄🙄🙄🙄
FilmDazzling4703 on
If it hits 10k Michael Saylor will sell his soul to buy all 1M
TeachLazy on
Sounds like a credible source Lol
leoundercoveralt on
Can’t the code be changed to freeze his wallet? If so I have a feeling that will happen with Satoshis wallet along with Strategys and the U.S government because a hack on them would be chaos.
Sudden_Lake42069 on
I’ll trade you some Pokémon cards for a bucket of BTC after the crash.
Specialist-Plastic57 on
Not if, when! It’s pretty much inevitable.
CryptoPilotApp on
What’s stopping them from hacking other wallets??
GreenStretch on
If the quantum break happens, that’s the moment we’ll realize Satoshi or members of the NSA are ready for the transition.
_Piratical_ on
If a quantum hack occurs it would likely break the cryptography that underpins the entire blockchain. It would make BTC worthless.
Incredibly_Based on
1 million BTC unlock would be a nightmare like lets be real how much buying pressure can btc bulls buy up with the entirely dependent on asset managers even more than now
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tldr; A debate emerged about the potential impact of a quantum computer hacking Satoshi Nakamoto’s Bitcoin stash and selling the 1 million BTC, potentially causing a market crash. Bitcoin expert Willy Woo noted that many Bitcoin OGs would buy during such a flash crash, and the network would survive. Older Bitcoin wallets, including Satoshi’s, are vulnerable to quantum attacks, but newer wallets are more secure. Experts like Adam Back believe Bitcoin has decades to adopt quantum-resistant cryptography before quantum computers pose a real threat.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Yeah you can buy it when it crashes down to zero after the hack
Some people really dumber than rocks
Why the fuck would you buy something that’s been hacked ? They can literally instantly take it back
„Experts like Adam Back“ 🙄🙄🙄🙄🙄
If it hits 10k Michael Saylor will sell his soul to buy all 1M
Sounds like a credible source Lol
Can’t the code be changed to freeze his wallet? If so I have a feeling that will happen with Satoshis wallet along with Strategys and the U.S government because a hack on them would be chaos.
I’ll trade you some Pokémon cards for a bucket of BTC after the crash.
Not if, when! It’s pretty much inevitable.
What’s stopping them from hacking other wallets??
If the quantum break happens, that’s the moment we’ll realize Satoshi or members of the NSA are ready for the transition.
If a quantum hack occurs it would likely break the cryptography that underpins the entire blockchain. It would make BTC worthless.
1 million BTC unlock would be a nightmare like lets be real how much buying pressure can btc bulls buy up with the entirely dependent on asset managers even more than now