Post
Topic
Board Bitcoin Discussion
Re: El Salvador moved their bitcoins
by
348Judah
on 30/08/2025, 15:59:32 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.

I don't seem to go against the decision and action taken by El-Salvador, because they have the better idea of strategizing for a diversification on their storage assets, such that the entire holding capacity of their bitcoin could not all be in a single wallet, but when spread out in case of any attack, they cant be rendered more vulnerable for attack, while i sincerely doubt if the deliberate action on this was to prevent possible future attack from quantum, advisably, we should always expect that we make use of more than one wallet to safely secure our assets in case of future threat or attack.