What would happen to Bitcoin if Satoshi’s wallet gets hacked
The crypto community is discussing a hypothetical scenario involving the emergence of a quantum computer capable of hacking early Bitcoin wallets, including those belonging to Satoshi Nakamoto. YouTuber Josh Otten modelled a potential crash of BTC down to $3 if around 1 million BTC from these addresses suddenly hit the market.
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Analyst Willy Woo considers this scenario extremely unlikely and emphasizes that even in such a shock, the market would not “die.” According to him, the Bitcoin network would survive, and major early holders would take advantage of the panic to buy the asset at a steep discount.
If this threat ever materializes, the market will face a prolonged and painful reorganization involving rule changes, redistribution, and fund migration rather than an immediate collapse.
