Quantum Threat to Bitcoin: OGs' Resilience
Update: 2025-12-14
Description
Quantum Threat to Bitcoin: A Looming Concern or a Distant Possibility? delves into the Bitcoin communitys discussion about quantum computers potential impact on older Bitcoin addresses. The episode explores the theory that a powerful quantum computer could steal and sell Satoshi Nakamotos one million Bitcoins, causing a dramatic price crash. However, many long-time Bitcoin holders believe they would buy up the dip during such a flash crash. The concern lies in how some older Bitcoin wallets expose their full public key, making them vulnerable to quantum attacks. However, newer types of Bitcoin addresses are designed differently, making them more resistant. The episode also discusses the potential for adopting new, quantum-resistant cryptography standards and the market implications of such a threat.
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