Ninjastic
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Board Bitcoin Discussion
Re: El Salvador moved their bitcoins
by
tread93
on 01/09/2025, 00:58:57 UTC
Quote from: peter0425 on August 30, 2025, 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, I would say that this is a good move in the right direction. There is absolutely nothing wrong with being careful and a good steward of your nations assets. El Salvador really took a giant leap of faith, they definitely have some smart leadership!