Bitcoin community debates quantum hack risk to Satoshi’s 1.1 million BTC and market impact

On Saturday, a social media discussion examined what might happen if a future quantum computer cracked Satoshi Nakamoto's Bitcoin wallets holding about 1.1 million BTC and forced those coins onto the market. Participants highlighted that older pay-to-public-key addresses, including Satoshi's, reveal full public keys on-chain and are therefore more exposed to a quantum attack. Several experts argued Bitcoin likely has decades to move to quantum-safe addresses, suggesting the greater risk is a sharp price shock if large legacy holdings were suddenly spent.