Bitcoin Encryption Vulnerable to Quantum Computers in 5 Years, Warns Human Rights Foundation

The Human Rights Foundation has warned that quantum computers could break Bitcoin encryption within 5 years, threatening 6.51 million BTC, valued at $188 billion, including 1.1 million attributed to Satoshi Nakamoto. Experts at the Presidio Bitcoin Quantum Summit assessed that quantum computers capable of breaking Bitcoin's encryption could emerge within 5-10 years. The community is divided over how to handle vulnerable Satoshi-era funds and dormant coins in P2PK addresses, with some proposing to destroy them or leave them vulnerable to potential theft by quantum attackers.