Galaxy's Alex Thorn: Bitcoin community nearing consensus on quantum threat — and Satoshi's coins are safer than feared.

Galaxy Digital Research Director Alex Thorn says the Bitcoin community is converging on an early consensus around quantum computing risk — and the picture is less alarming than headline narratives suggest. The prevailing view holds that Satoshi Nakamoto's P2PK address holdings should remain untouched to preserve Bitcoin's foundational ownership principles.

A key reason the threat is lower than anticipated: Nakamoto's coins are spread across roughly 22,000 addresses holding 50 BTC each, rather than concentrated in a single target. That distribution significantly raises the practical cost of any quantum attack, since each address would need to be broken independently.

The emerging consensus appears to favour protocol-level caution without rushing to freeze or migrate legacy coins — a stance that balances security realism with respect for Bitcoin's immutability norms.

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Wu Blockchain ✓ @WuBlockchain · 8d ago

Alex Thorn, Research Director at Galaxy Digital, stated that the Bitcoin community is gradually reaching an initial consensus regarding the threat of quantum computing. The majority opinion holds that Satoshi Nakamoto's P2PK address assets should not be interfered with to maintain Bitcoin's core ownership attributes. Because Nakamoto's assets are distributed across approximately 22,000 addresses (50 BTC per address), the actual risk of a full-scale quantum computing attack is lower than anticipated. https://t.co/92ZdNiUG7A

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