Paolo Ardoino, the CEO of Tether, has predicted that in the future Satoshi Nakamoto’s bitcoins may circulate again. He has mentioned that Satoshi’s wallets may be vulnerable due to a lack of quantum resistance against hacker attacks. According to Ardoino, quantum computations could pose a threat to Bitcoin security and potentially hack all lost bitcoins, including Satoshi’s. However, Ardoino emphasized that this technology is not yet available and cannot break Bitcoin encryption. In case of a real threat from quantum computations, Ardoino stated that quantum-resistant addresses will be added to Bitcoin so that individuals with access to their wallets can transfer their coins to these new addresses. In late 2024, the introduction of the Willow quantum chip by Google raised concerns about Bitcoin’s vulnerability. However, some analysts dismissed these concerns as unfounded and explained that Willow’s capabilities are not sufficient to break Bitcoin encryption. Breaking the ECDSA algorithm requires about 1 million qubits, which is currently unavailable. This indicates that much time is still needed for quantum computations to become a serious threat to Bitcoin. Meanwhile, there are many speculations about the identity of Satoshi Nakamoto. Recently, HBO released a documentary to identify Satoshi, but introducing Peter Todd as the creator of Bitcoin faced many criticisms. Some well-known figures, including Mike Novogratz, a billionaire in the digital currency sector, believe that Satoshi is no longer alive. Satoshi’s assets currently amount to 1.1 million bitcoins, and if he is still alive, he would even be wealthier than Bill Gates. On the page of the real-time digital currency prices, you can see the prices of all tokens and cryptocurrencies live and instantaneously.
