Cardano‘s Charles Hoskinson drops a bombshell: the fate of Satoshi’s coins could be a quantum nightmare. Spoiler: it’s not a happy ending.
On the Rollup podcast, Hoskinson flexes his quantum credentials. Between NIST standards, 250+ research papers, and that 2019 Bitcoin vs. quantum adversary paper, he’s basically a crypto wizard with a PhD in “I know what I’m talking about.”
Three Bitcoin Quantum Options: The Drama Unfolds
Option 1: Do nothing. Because who needs security when you can live on the edge? Result: quantum computers crash the system like a drunk party guest.
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Option 2: A soft fork with post-quantum signatures. Because why not? Hoskinson warns 15-20% of BTC might vanish-because nothing says “safety” like a 15% chance of losing your life savings.
Option 3: BIP 361, the quantum equivalent of a nuclear option. Hoskinson says 1.7 million BTC might be lost. Because why have a plan if you can just hope for the best?
Lost wallets and Satoshi’s coins
– Charles Hoskinson (@IOHK_Charles) April 17, 2026
When asked if 1.7 million BTC might be lost, Hoskinson replied, “Lost wallets and Satoshi’s coins.” Because nothing says “I’m not worried” like a cryptic tweet.
Satoshi’s 1.1 Million Coins: The Real MVP
Hoskinson admits BIP-361 can’t save all Bitcoin. It’ll save 34%-about $536 billion-but leave 1.7 million coins vulnerable. Because why have a plan if you can just hope for the best?
Of those 1.7 million, 1.1 million belong to Satoshi. Legacy wallets? They’re the real villains here. Because nothing says “I’m a conspiracy theorist” like blaming old tech for your problems.
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2026-04-17 17:42