BREAKING: The New York Times claims to have identified the person behind Bitcoin creator Satoshi Nakamoto. However, Adam Back has denied the claim in a statement to BBC, saying he is not the mysterious inventor of Bitcoin. The report suggested that Backās online activity aligns with Satoshiās disappearance shortly after the Bitcoin white paper was published. Back rejected the investigation, calling it a case of āconfirmation biasā and reiterating that he is not Satoshi Nakamoto.
Quantum computers are a longāterm, not nearāterm risk to Bitcoināmainly to wallet cryptography, not to SHAā256 mining.
What could be at risk (in theory) Stealing coins via privateākey recovery (biggest concern) Bitcoin uses ECDSA (secp256k1). A sufficiently powerful, faultātolerant quantum computer running Shorās algorithm could theoretically derive a private key from a public key. The main exposure is for coins sitting in outputs where the public key is already revealed on-chain (e.g., older āpayātoāpubkeyā outputs, or addresses after youāve spent from themābecause spending reveals a public key in the script). Mining is less of a ābreak tomorrowā issue Quantum speedups for brute-force hashing are limited (often discussed via Groverās algorithm), and Bitcoin can also adjust difficulty. So āquantum instantly wins miningā is generally not the primary fear.
Whatās realistic today Current quantum computers are nowhere near the scale/error-correction needed to break Bitcoin keys in practice. Headlines often overstate readiness.
Practical steps you can take now (no panic) Avoid reusing addresses (use a new receiving address each time). If you hold long term, prefer moving funds to modern address types (e.g., SegWit/native SegWit) and donāt leave coins in very old script types. Keep your security basics tight (this matters far more today): On Binance: 2FA + antiāphishing code + withdrawal allowlist. For self-custody: hardware wallet, secure backups, no leaked seed phrase.
What to watch (signals that risk is moving from ātheoreticalā) Serious announcements about faultātolerant quantum systems with large logical qubit counts. Concrete proposals for postāquantum signature migration paths in Bitcoin (BIPs, wallet support).
šØ BREAKING: Quantum Risk to Bitcoin Moves Closer
Google Quantum AI has released new research showing a major leap in the potential to break ECDSA private keys.
Hereās what changed:
Previous estimates required far more resources. Now, researchers suggest it may take only ~1,200ā1,450 logical qubitsāaround a 10x improvement.
A sufficiently advanced quantum computer could complete the attack in as little as 9 minutes.
What this means for Bitcoin
Bitcoin relies on ECDSA for securing wallets. If a quantum machine reaches this level:
Mempool attacks become realistic Transactions waiting to be confirmed (before entering a block) could be intercepted and exploited within the ~10-minute block window.
Millions of BTC could be exposed Around 6.7 million BTC are considered at risk:
~1.7 million BTC in older P2PK addresses (early mining era)
Other addresses where public keys are already visible on-chain
Newer upgrades like Taproot may still introduce exposure in certain scenarios.
Important reality check
This is not an immediate threat
No current quantum computer can perform this attack
Experts still estimate years (possibly longer) before such machines exist
Bigger picture
Bitcoinās mining algorithm SHA-256 is less vulnerable (only partial speedups via Groverās algorithm)
Identify vulnerable holdings early and prepare migration paths
Bottom line
Quantum computing isnāt breaking Bitcoin todayābut the trajectory is accelerating. The window for preparation is still open, but itās no longer theoretical.
Open your eyes. Some believe that Japanese Joi Alto is the real creator of Bitcoin ā the person known to the world as Satoshi Nakamoto. According to this theory, after the Atomic bombings of Hiroshima and Nagasaki, Japan shifted its strategy from military power to financial innovation. In this view, Bitcoin is not just a digital currency ā it is Japanās greatest financial weapon.
Recently, while diving into the infamous Epstein files, I searched for various terms, including Bitcoin. While Bitcoin had numerous references, I was particularly intrigued when I searched for āPepe.ā Surprisingly, I found a name linked to Pepe in those files. This raises fascinating questions about possible connections between the creators of Pepe and major investors like Larry Fink of BlackRock.
While this is purely an observation and not financial advice, the coincidence is striking. It suggests that Pepe might have ties to the same circles that influenced the Epstein network. This potential link definitely adds another layer of intrigue to the crypto world.
The Epstein files reveal that Jeffrey Epstein may actually be Satoshi Nakamoto, the creator of Bitcoin. Yes, it is possible for Bitcoin to go to zeroābecause trust is gone. This could be the biggest trap in history. Too many things are still hidden. We are out of Bitcoin. Whether it goes to zero or to trillions, we are not following it anymore.