Willy Woo says Bitcoin OGs will buy Satoshi's stash if a quantum hack occurs

cointelegraphPublicado em 2025-12-14Última atualização em 2025-12-14

Resumo

A debate emerged on social media regarding the potential scenario of a quantum computer hacking and dumping Satoshi Nakamoto’s 1 million BTC. YouTuber Josh Otten suggested this could crash Bitcoin's price to $3, but long-term holder Willy Woo countered that many original Bitcoin investors (OGs) would buy such a flash crash, ensuring the network's survival. Woo noted that around 4 million BTC in older "pay-to-public-key" (P2PK) addresses, including Satoshi's, are vulnerable because they expose public keys onchain, which a powerful quantum computer could use to derive private keys. Newer wallet types are more secure as they don’t reveal public keys. While some fear quantum computing could destroy crypto, experts like Blockstream’s Adam Back believe the threat is decades away, allowing time to adopt quantum-resistant cryptography. Analyst James Check added that the bigger risk is to Bitcoin’s market price, as the community is unlikely to preemptively freeze Satoshi’s coins before a quantum attack.

A debate broke out on social media on Saturday about the potential effects of a quantum computer hacking Satoshi Nakamoto’s Bitcoin (BTC) stash and then dumping those coins onto the market.

The debate began when YouTuber Josh Otten shared a price chart of BTC crashing to $3.00 and said that this could happen if a sufficiently powerful quantum computer emerges and steals pseudonymous Bitcoin creator Satoshi Nakamoto’s 1 million BTC and sells them.

“Many OGs would buy the flash crash. The Bitcoin network would survive; most coins are not immediately vulnerable,” long-term Bitcoin holder Willy Woo said.

However, there are about 4 million BTC held in pay-to-public-key (P2PK) addresses, including Satoshi’s coins, which show the full public key onchain when coins are spent, making them vulnerable to quantum attacks, Woo added.

Exposing a Bitcoin wallet’s full public key onchain exposes these wallets to quantum attacks in the future because a sufficiently powerful quantum computer could theoretically derive the private key from the public key in the future

Newer types of BTC wallet addresses are not as vulnerable to quantum attacks because they do not expose the full public keys onchain, and if the public key is not known, then a quantum computer cannot generate the paired private key from that data.

*Satoshi Nakamoto’s Bitcoin holdings. Source:* *Arkham Intelligence*

The Bitcoin and crypto communities continue to debate the potential effects of quantum computing on Bitcoin and the encryption technology that underpins cryptocurrencies, with some arguing that quantum computing will be the death of the industry.

Related: VanEck boss questions Bitcoin’s privacy, encryption against quantum tech

Bitcoin OG Adam Back says the threat of quantum computers is decades away

Adam Back, an early Bitcoin holder, cypherpunk and co-founder of Bitcoin technology company Blockstream, said that BTC will not face a quantum threat in the next 20-40 years.

Back argued that there is plenty of time to adopt post-quantum cryptography standards, which already exist, before a quantum computer powerful enough to crack modern encryption and cybersecurity standards is built.

Market analyst James Check said that quantum computing does not threaten Bitcoin’s technology because users will migrate to quantum-resistant addresses by the time a viable quantum computer emerges.

The quantum threat poses more of a threat to Bitcoin’s market price because there is “no chance” that the Bitcoin community will agree to freeze Satoshi’s coins before a quantum computer hacks his wallets and puts the coins back into circulation, Check said.

Magazine: Quantum attacking Bitcoin would be a waste of time: Kevin O’Leary

Criptomoedas em alta

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

ZRX（0X）ZRX

PancakeSwapCAKE

Leituras Relacionadas

XRP Reversal Setup Forms Around Harmonic Pattern And Key Support Zone

XRP is trading at a critical technical support zone, according to a June 20 TradingView analysis. This area combines multiple layers of confluence, including the 0.618 Fibonacci retracement level and the point of control for the current range. Such convergence can intensify the battle between buyers and sellers at this level. The analysis suggests this support could form the basis for a broader harmonic reversal pattern. While not a guarantee, such setups provide a structured framework for identifying potential trend changes, invalidation points, and price targets. For the reversal thesis to gain credibility, XRP needs a decisive bullish reaction from this zone—specifically, a sustained bounce with volume that reclaims nearby resistance, not just a brief wick. Failure to hold support or repeated tests of the area would weaken the bullish argument. The setup is notable but requires confirmation from market price action.

bitcoinistHá 1h

XRP Reversal Setup Forms Around Harmonic Pattern And Key Support Zone

bitcoinistHá 1h

Vitalik's Algorithmic Stablecoin Vision: Interpreting the Mechanism and Challenges from an Options Perspective

Vitalik Buterin's recent algorithmic stablecoin proposal envisions using an option-like mechanism to create a stablecoin without the liquidation risks inherent in traditional collateralized debt position (CDP) models. The design splits one unit of ETH into two components: a 'stable' leg (P) that maintains value up to a certain strike price, and an 'upside' leg (N) that captures any appreciation above that price. Together, they always sum to one ETH, eliminating the need for debt or liquidation mechanisms. From an options perspective, the stable leg essentially functions as a synthetic, covered call position. However, significant challenges exist. For the stable asset to maintain its peg, it must continuously roll deep in-the-money call options, leading to potential rollover slippage, predictable trading paths vulnerable to front-running, and liquidity issues. Crucially, the system's scalability depends on a constant demand for the upside leg—a form of leveraged ETH long position without funding rates or liquidation risk. It's unclear if such persistent, specific demand will materialize from speculators or market makers who have simpler alternatives like perpetual swaps. The author, drawing from experience with Rysk, argues that DeFi options have struggled as standalone trading products due to complexity and fragmented liquidity. Their potential lies instead as foundational infrastructure underpinning more complex financial primitives like stablecoins, structured yields, or index products—transforming from a direct product into a core pricing and risk distribution engine for the next generation of on-chain finance.

marsbitHá 1h

Vitalik's Algorithmic Stablecoin Vision: Interpreting the Mechanism and Challenges from an Options Perspective

marsbitHá 1h

SpaceX, AI, and XRP: Why the Next Wealth Transfer Might Be Different?

The article posits that the global economy is transitioning into a new phase of infrastructure investment. Capital, facing slowing traditional growth engines, is flowing towards emerging foundational systems. This includes space infrastructure (exemplified by SpaceX), AI computing power, satellite networks, data centers, and global payment systems. A key driver is a potential new commodity supercycle fueled by industrial demand from these sectors. Concurrently, the role of blockchain is evolving from speculative assets to a critical settlement layer for the future economy. Digital assets like XRP and XLM, focused on payments and interoperability, are highlighted as potential rails for cross-border settlement, tokenized assets, and machine-to-machine (AI Agent) transactions. The narrative connects figures like Ripple's Jed McCaleb to space ventures, suggesting convergence. The argument emphasizes a shift from speculative narratives to utility-driven value. As AI and space commerce generate new economic activity, and regulatory clarity improves, blockchain networks may underpin real-time value transfer. The conclusion urges investors to consider which networks will form the backbone of this integrated next-generation economic infrastructure.

marsbitHá 2h

SpaceX, AI, and XRP: Why the Next Wealth Transfer Might Be Different?

marsbitHá 2h

GPT-5.6 Countdown: Abandon the Illusion of a Single API, Computational Iteration Can't Outpace a Single Page of Compliance

In mid-June, three seemingly independent industry events—the compliance-driven throttling of Fable 5, the open-sourcing of GLM-5.2, and the leaked release timeline for GPT-5.6—are pushing the global AI industry toward a watershed moment. These shifts signal a fundamental restructuring of the industry's underlying logic. First, **"usability" has substantially overtaken "advanced capabilities"** as the primary weight, pushing the global large language model (LLM) supply chain into a "dual-track" phase of controlled closed-source and local open-source coexistence. Second, **the competitive moats of closed-source giants are shifting**. Their technical focus is moving from "language intelligence" toward "spatial intelligence (world models)"—a domain heavily reliant on computing power. Third, faced with常态化 transnational compliance risks, **a "model-agnostic" decoupled design has become a survival necessity for application-layer developers to maintain business continuity.** The article details how Anthropic's Fable 5, despite its advanced engineering feats, was restricted for non-U.S. citizens within 72 hours of launch, highlighting how geopolitical compliance can instantly limit even the most advanced models. In response, the open-source camp, exemplified by Zhipu AI's MIT-licensed GLM-5.2, is gaining market share by offering stable performance improvements and significant cost advantages (up to 70% savings for enterprises), while achieving full adaptation with domestic semiconductor platforms. Meanwhile, closed-source leaders like OpenAI are pivoting. The anticipated GPT-5.6 reportedly shifts focus from language to spatial intelligence and world models, aiming to rebuild a generational gap in areas like 3D understanding, simulation, and industrial design that demand immense compute. The core conclusion is that the LLM supply chain's logic has changed. Enterprises must now evaluate infrastructure based on a composite of technical performance and policy compliance. For developers, complete reliance on a single closed-source API poses unacceptable risk. Implementing a truly model-agnostic architecture—enabling swift switches to compliant, locally deployable open-source alternatives—is no longer just good practice but a fundamental baseline for business continuity.

marsbitHá 4h

GPT-5.6 Countdown: Abandon the Illusion of a Single API, Computational Iteration Can't Outpace a Single Page of Compliance

marsbitHá 4h

Is the 'Token Subsidy War' Among AI Giants Almost Over?

The article discusses the ongoing "token subsidy war" among AI giants like OpenAI and Anthropic, questioning whether it's nearing its end. It reveals that current AI subscription prices are heavily subsidized, with some plans offering tokens at up to 70 times the actual cost to attract and retain heavy users, especially developers and enterprises. This strategy mirrors past internet-era subsidy battles, but with a key difference: AI tokens lack "lock-in" effects. Unlike ride-hailing or food delivery apps, users can easily switch between AI providers as APIs become standardized, making it difficult for companies to raise prices post-subsidy. The piece highlights a structural asymmetry in the competition. Giants like Google, with massive advertising revenue, can afford to subsidize tokens indefinitely, akin to using "tokens as a weapon." In contrast, venture-backed companies like OpenAI and Anthropic face pressure to become profitable, especially as they approach IPO. The article cites Google Ventures founder Bill Maris, who suggests Google could slash token prices by 80%, putting immense pressure on competitors. Two potential endgames are presented: the "internet service" model (subsidize, monopolize, then raise prices) and the "utility" model (tokens become a standardized, low-margin commodity like electricity). Given the low switching costs, the latter seems more likely. The competition may not have a single winner but could instead accelerate AI's evolution into a foundational, infrastructure-level technology, akin to a public utility. For now, users continue to benefit from heavily subsidized token costs.

marsbitHá 4h

Is the 'Token Subsidy War' Among AI Giants Almost Over?

marsbitHá 4h

Trading

Spot

Futuros

Artigos em Destaque

Como comprar WOO

Bem-vindo à HTX.com!Tornámos a compra de WOO (WOO) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar WOO (WOO) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu WOO (WOO)Depois de comprar o teu WOO (WOO), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona WOO (WOO)Transaciona facilmente WOO (WOO) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

142 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de WOO (WOO) são apresentadas abaixo.