If Bitcoin is cracked by quantum computing, Bitcoin OGs will take over Satoshi Nakamoto's holdings

Last week, a heated discussion erupted on social media regarding the potential impact of 'quantum computers possibly invading Satoshi Nakamoto's Bitcoin wallet and dumping his holdings.' This debate originated from a Bitcoin price chart shared by YouTuber Josh Otten, which showed #BTC plummeting to 3 dollars. He stated that if a sufficiently powerful quantum computer successfully stole approximately 1 million BTC held by the anonymous Bitcoin founder Satoshi Nakamoto and dumped it onto the market, such a scenario could occur.

In response, long-term Bitcoin holder Willy Woo stated: 'Many OGs (early Bitcoin holders) would buy in during such a flash crash. The Bitcoin network will survive; most Bitcoin will not face immediate risk.' Woo further pointed out that approximately 4 million BTC are stored in P2PK (Pay-to-Public-Key) addresses, which includes Satoshi Nakamoto's Bitcoin. These types of addresses expose the full public key directly on-chain when spent, making them theoretically more vulnerable to quantum attacks.