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SharpLink Exec Floats Theory Satoshi Will Reappear if Bitcoin Faces Quantum Threat
- A quantum breakthrough could force Bitcoin to upgrade or hard fork, possibly prompting Satoshi to reappear via dormant wallets or old accounts.
- Quantum computing could make Bitcoin’s digital signatures vulnerable between 2035–2045.
- Dormant wallets linked to Satoshi could play a central role in network decisions or reveal his stance if he chooses to intervene.
Joseph Chalom, co-CEO of SharpLink Gaming, has suggested that Bitcoin’s mysterious creator, Satoshi Nakamoto, could resurface if quantum computing threatens the cryptocurrency’s survival. Chalom described his view as a “wild theory” rather than a prediction based on evidence.
He speculated that a breakthrough in quantum technology could compel Nakamoto, who has been absent from public life since 2011, to intervene. Such a breakthrough could force Bitcoin’s community to decide whether to adopt quantum-resistant upgrades or even pursue a hard fork, with dormant wallets, including those tied to Satoshi, at the centre of the debate.
Related: Hollywood Hunts Bitcoin’s Phantom Founder in Thriller “Killing Satoshi”
Quantum Risk to Bitcoin Security
Quantum computing could pose a future threat to Bitcoin. While Bitcoin’s core hashing system is expected to remain secure, its digital signatures may become vulnerable once quantum technology advances. Experts generally see this risk emerging between 2035 and 2045, though Vitalik Buterin has warned there is a 20% chance it could occur as early as 2030.
Wallets linked to Satoshi through the Patoshi Pattern hold 1.096 million BTC, valued at about US$121.9 billion (AU$185.9 billion), making him the world’s twelfth-richest person. A 23% rise in Bitcoin’s price would push his holdings to US$150 billion (AU$228.7 billion) and place him in the top ten, though analysts see this as unlikely to happen in the short-term.
Chalom added that, if his speculation were accurate, Satoshi might reappear not by disclosing his real identity but by reviving old email accounts, forum logins, or wallet activity associated with the early days of Bitcoin.
Related: Ethereum Revenue Plunges 44% in August Despite Record ETH Price
Author
Rachel Lourdesamy
Rachel is a freelance writer based in Sydney with experience within financial services, marketing, and corporate communications in the APAC region. An avid reader and a graduate of the University of Sydney, she covers topics including business, finance and human interest.
