Golden Finance reports that on Saturday, social media discussions centered around the potential impact of quantum computers on Satoshi Nakamoto’s Bitcoin holdings. If a quantum computer successfully cracks Satoshi’s wallet and dumps these Bitcoins onto the market, it could cause significant market disruption.
The discussion was sparked by a Bitcoin price chart shared by YouTuber Josh Otten, which showed BTC price plunging to $3. He stated that if a sufficiently powerful quantum computer were to steal approximately 1 million BTC from this anonymous Bitcoin founder and sell them, such a scenario is not impossible.
In response, long-term Bitcoin holder Willy Woo said, “Many OGs would choose to buy during such a flash crash. The Bitcoin network would continue to survive; most Bitcoins would not be immediately threatened.”