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Debate arises over freezing Satoshi's 1M BTC wallets amid quantum computing risks by 2029

Market News
04 Jul 2026
Crypto Briefing
View Source
Neutral
pluang ai news

A Google Quantum AI report warns that by 2029, quantum computers could crack Bitcoin's cryptography, threatening wallets including Satoshi Nakamoto's 1.1 million BTC. Binance's CZ proposes freezing unmoved wallets after a migration period to prevent quantum attacks, but this conflicts with Bitcoin's principle against confiscation. The debate highlights a major philosophical and security challenge for Bitcoin, with significant market and reputational implications. The community continues to discuss solutions like BIP-361 while investors are urged to migrate coins from vulnerable addresses.

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Binance's CZ proposes freezing Satoshi's 1.1M bitcoins amid quantum computing risks, sparking debate.

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