Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: El Salvador moved their bitcoins
by
Franctoshi
on 30/08/2025, 19:57:23 UTC
Quote from: peter0425 on Today at 10:39:49 AM
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.
Yes, but this isn't a lasting solution about this threat of sharing Bitcoin in several wallets, This quantum computer has become a growing concern over the future of Bitcoin, and I doubt if this will solve the threat that Quantum computer pose on Bitcoin's future. But it will be better for developers to work on a technology that will be quantum resistance.