[ExI] You'd better sell your bitcoins

[Jason Resch]

On Mon, Nov 17, 2025, 4:38 PM Jason Resch <jasonresch at gmail.com> wrote:

>
>
> On Mon, Nov 17, 2025, 4:01 PM John Clark via extropy-chat <
> extropy-chat at lists.extropy.org> wrote:
>
>>
>> *It occurs to me that if you had a fault-tolerant quantum computer
>> running Shor’s algorithm then to wreck bitcoin you'd only need to hack the
>> account of Satoshi Nakamoto because it isestimated to contain 1.1 million
>> bitcoins. *
>>
>> * John K Clark*
>>
>
> If a wallet hasn't been used it can't be hacked, not even with a quantum
> computer.
>
> Jason
>


I's like to make a correction: apparently the switch to use hashes of
public keys rather than public keys in bitcoin transactions was made in
2012. So Satoshi's early coins are secured by public keys which are exposed
and vulnerable to quantum computers.

Jason

>
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