Post
Topic
Board Bitcoin Discussion
Re: El Salvador moved their bitcoins
by
Taskford
on 31/08/2025, 11:33:38 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.

But also that shows how serious they are dealing with future threats of those evolving technology might come in future.

Also with those things they made we could really see that EL Salvador is planning to store their Bitcoin for more long years and it indicate that they are not going to sell their Bitcoin anytime soon.

This cleared out the doubts on some people and guess that's good news after all. Well next is we need to pay attention on possible threats of those technology then let see what we can also do to protect our selves on possible future attacks.