Replying to Avatar StackSats.IO

There is a ~$120 Billion bounty if someone can crack Satoshi’s #Bitcoin holdings.

If quantum computing was near-term viable, why wouldn’t someone loan $10 Billion out of thin air to fund a team to target this with such a payout on offer?

The only thing I can think is that this tech is going to be restricted by government for cyber warfare; you could bring down a country in weeks if you could target and break the encryption of all their banks, utilities, infra, ecommerce, healthcare etc.

And ultimately as hard as it is to get Bitcoin to change, updating it for quantum is going to be much easier than getting those aforementioned institutions coordinated to update their encryption.
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Thursday 5∞ 6mo ago

The $120B bounty is spread across multiple addresses. I wouldn't be surprised if SN automated those in case of doomsday scenario. Assuming these are sitting and waiting for any jackass to crack them open is hilarious.

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StackSats.IO 6mo ago

Automated in what sense?

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Thursday 5∞ 6mo ago

Move them to other addresses if certain conditions are met, for example. You can only view the block rewards and link them chronologically to the Genesis block. There is no way of knowing what he had in mind with those bitcoin. I'd wager that bitcoin mined at later stages are more likely to be "hacked" than the ones SN mined, if this will ever be the case.