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.”
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Willy Woo states that if a quantum attack occurs, Bitcoin OG will buy into Satoshi's BTC reserves.
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.”