Satoshi’s 22,000 Wallets Could Make Quantum Attacks On Bitcoin Far More Difficult: Expert
The quantum threat to Bitcoin may be far less concentrated than widely assumed — and that structural detail is quietly reshaping how developers and investors think about the risk.
On-chain data cited by Thorn also shows Bitcoin markets have regularly absorbed over 1 million BTC in a short window — meaning even a worst-case scenario involving a 50% price drop might be survivable if property rights were preserved in the process.
The Case For Quiet Research
On the question of developing post-quantum cryptography for Bitcoin, the Las Vegas conversations pointed toward a clear middle ground. Background research — building, testing, and compressing new cryptographic signatures — was broadly seen as worthwhile, even if implementation remains years away.
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The concern is not the research itself but how it gets introduced. Adding something untested to the protocol, or triggering governance gridlock while other upgrades wait, are the real dangers to avoid.
Featured image from Gemini, chart from TradingView
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