Golden Finance reports that on Saturday, social media discussions centered around the potential impact of quantum computers on Satoshi Nakamoto’s Bitcoin holdings. If a quantum computer successfully cracks Satoshi’s wallet and dumps these Bitcoins onto the market, it could cause significant market disruption.
The discussion was sparked by a Bitcoin price chart shared by YouTuber Josh Otten, which showed BTC price plunging to $3. He stated that if a sufficiently powerful quantum computer were to steal approximately 1 million BTC from this anonymous Bitcoin founder and sell them, such a scenario is not impossible.
In response, long-term Bitcoin holder Willy Woo said, “Many OGs would choose to buy during such a flash crash. The Bitcoin network would continue to survive; most Bitcoins would not be immediately threatened.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A giant whale withdrew 365 BTC from a certain CEX, and its current holdings have reached 4,238 BTC
Gate News message, on April 3, according to on-chain analyst The Data Nerd, a whale address (bc1qc) withdrew 365 BTC (about $24.2 million) from a certain CEX. The wallet currently holds a total of 4,238 BTC (about $281 million).
GateNews6m ago
UK-listed company Satsuma Technology purchased 25.65 BTC, bringing its total holdings to 645.7 BTC.
Gate News message, April 3, according to monitoring by BitcoinTreasuries.NET, the UK-listed company Satsuma Technology bought 25.65 BTC, bringing its total holdings to 645.7 BTC.
GateNews15m ago
Bitcoin mining firm Riot Platforms sold 3,778 BTC in Q1 2026, net revenue of $289.5 million
Riot Platforms produced 1,473 BTC in the first quarter of 2026, with daily output down 4% year over year. Net revenue for the quarter was $289.5 million, and computing power deployment reached 42.5 EH/s, up 26% year over year. Total electricity costs fell to 3.0 cents per kilowatt-hour, down 21% year over year.
GateNews17m ago
Yesterday, Bitcoin spot ETFs saw net inflows of $9.02 million, with Fidelity FBTC leading the way
Gate News消息,April 3, according to Trader T’s monitoring, yesterday (April 2) spot Bitcoin ETFs saw net inflows of $9.02 million. Among them, Fidelity FBTC recorded inflows of $7.29 million, VanEck HODL recorded inflows of $4.74 million, BlackRock IBIT recorded outflows of $3.01 million, and the remaining ETFs had no capital movement that day.
GateNews48m ago
BR (Bedrock) has risen 41.99% over the past 24 hours and is currently trading at $0.16122
Gate News, April 3, according to Gate market data, as of the time of publication, BR (Bedrock) is trading at $0.16122. In the past 24 hours, it has increased by 41.99%, reaching a high of $0.17303 and a low of $0.10486. The 24-hour trading volume has reached $1.3479 million. The current market capitalization is approximately $42.1187 million.
Bedrock is a multi-asset supported liquidity re-staking protocol that has launched a Bitcoin staking product, uniBTC. As a BTC liquid staking asset, uniBTC enables users to earn staking rewards while maintaining the liquidity of their assets, opening up a new yield opportunity in the trillion-level Bitcoin market.
GateNews1h ago
MARA Reduces Workforce by 15% as Bitcoin Miner Pivots to AI and Energy Infrastructure
MARA Holdings (NASDAQ: MARA), one of the largest publicly traded Bitcoin mining companies, has reduced its workforce by approximately 15% across multiple departments, including both full-time staff and contractors, according to an internal company memo.
CryptopulseElite1h ago