Svmuu News: Galaxy Research Director Alex Thorn posted on X platform, stating that after in-depth discussions with multiple Bitcoin industry figures on the topic of quantum computing and Bitcoin, he believes that the market is gradually forming a consensus:
First, the approximately 1.1 million BTC held by Satoshi Nakamoto (distributed across about 22,000 P2PK addresses) should not be arbitrarily moved. Violating property rights to address quantum risks could undermine Bitcoin’s core value proposition. Even in extreme scenarios where these BTC are transferred, the market has strong absorption capacity, and risks can be further mitigated through solutions such as “Hourglass.”
Second, advancing research, testing, and signature compression of new cryptographic technologies like quantum-resistant (PQ) cryptography for Bitcoin is a positive direction. Contingency plans can be prepared in advance. However, prematurely pushing for protocol-layer implementation should be avoided to prevent consensus deadlock or the introduction of new, unverified risks. Even if there is only a 1% chance that quantum threats will impact Bitcoin, sustained research investment is worthwhile.