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Scraped on 31/08/2025, 11:21:36 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 will say it is smart & sober to break your Bitcoin in 14 wallets, it is another point.  El Salvador recently divided its 6274 BTC holdings into addresses with a 500 BTC cap each. Perhaps they are worried that the theoretically dangerous possibility of quantum computing will ever crack their public keys, hehe.  you know everyone could audit it using the public dashboard, while keeping key reuse risks in check.

you know  there is currently no quantum rig that could even crack a 3 bit key, so quantum threats are still very much theoreticalunicorn level Grin.  i will say the actual master are Bitcoin dev who are preparing hardware & software updates in case that threat mysterious threatunicorn evolves, lol .  So yes, vest wisely but first have faith in Bitcoins adaptability.
Original archived Re: El Salvador moved their bitcoins
Scraped on 31/08/2025, 11:16:15 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 will say it is smart & sober to break your Bitcoin in 14 wallets, it is another point.  El Salvador recently divided its 6274 BTC holdings into addresses with a 500 BTC cap each. Perhaps they are worried that the theoretically dangerous possibility of quantum computing will ever crack their public keys, hehe.  you know everyone could audit it using the public dashboard, while keeping key reuse risks in check.

you know  there is currently no quantum rig that could even crack a 3 bit key, so quantum threats are still very much theoretical.  i will say the actual master are Bitcoin dev who are preparing hardware & software updates in case that threat mysterious threat evolves, lol .  So yes, vest wisely but first have faith in Bitcoins adaptability.