Post
Topic
Board Bitcoin Discussion
Re: El Salvador moved their bitcoins
by
Beparanf
on 30/08/2025, 12:04:17 UTC
El Salvador moved their 6.274 bitcoins into 14 different wallets in order to prepare for a possible quantum threat in the future.

They believe that through this, they are reducing the risks of losing all their bitcoin should quantum threats be real in the future and their holdings get attacked. That is the only reason why El Salvador is moving their bitcoins and I believe this should be something we can all learn from El Salvador. Distributing your bitcoins in more than one wallets will save you in the future and El Salvador knows this.

Hacker will start attacking first Satoshi wallet before them if they are afraid of this risk in the future which they will have time to react before their wallet will be hacked.

Although playing safe is a good thing to do but the timing of their Bitcoin movement will surely create some speculation since the current price is already correcting back @100K level.

I hope their statement is true that they are just playing and not slowly unloading Bitcoin.