Galaxy Research Director: Satoshi's 1.1 Million BTC Should Not Be Moved, PQ Solutions Need Advance Preparation
Odaily news, Galaxy Research Director Alex Thorn stated on the X platform that after in-depth discussions with multiple Bitcoin industry insiders on the issue of quantum computing and Bitcoin, he believes the market is gradually forming a consensus:
First, the approximately 1.1 million BTC held by Satoshi (distributed across about 22,000 P2PK addresses) should not be arbitrarily moved. Infringing on property rights to address quantum risks could damage Bitcoin's core value proposition. Even in extreme cases where these BTC are transferred, the market has strong absorption capacity, and risks can be further mitigated through solutions such as "Hourglass."
Second, promoting research, testing, and signature compression of new encryption technologies like Bitcoin's post-quantum (PQ) cryptography is a positive direction. Emergency solutions can be prepared in advance, but prematurely pushing for protocol-level implementation should be avoided to prevent consensus deadlock or introducing new risks that have not been fully verified. Even if there is only a 1% chance that quantum threats could affect Bitcoin, continued investment in research is worthwhile.
