Tether CEO says Satoshi Nakamoto’s bitcoin wallet will be hacked

Tether CEO Paolo Ardoino has expressed interest in the possibility of using quantum technology to recover lost bitcoins BTC $96,630.66 Bitcoin 1.08% Market capitalization $1.92 trillion VOL. 24 hours $1.13 billion . The idea, proposed by investor Brad Mills, involves the creation of an initiative to find approximately 3.7 million BTC that have been lost due to the loss of access to wallets.

Ardoino recognized the potential of this idea, but emphasized the need for transparent governance and ethical oversight. He noted that quantum computing has not yet reached a level sufficient for such an operation, but if such technology emerges in the future, the initiative should be aimed at supporting the development of Bitcoin as an open project.

He also proposed the concept that users could contribute satoshis (the smallest units of BTC) in exchange for a share of potentially recovered funds. However, most of the resources received would have to be used to fund Bitcoin developers.

Despite these considerations, Ardoino assured the crypto community that quantum computing does not currently pose a threat to Bitcoin security. According to him, the system can adapt by adding protection against quantum attacks, and all active users will be able to transfer their BTC to new, secure addresses before the threat becomes real.

He also acknowledged that if quantum technology achieves a breakthrough, it could open up access to old wallets whose owners have lost their keys, including Сатоші Накамото" href="https://noworries.news/biography/satoshi-nakamoto/" data-bio-id="4232">Satoshi Nakamoto's wallets, which are estimated to hold about 1.2 million BTC.

Despite the possible risks, Ardoino emphasized that no technology will be able to change the maximum supply of 21 million BTC, which is the basic principle of Bitcoin.