HRF Report: 6.51 Million BTC Vulnerable to Quantum Attacks by 2030

The Human Rights Foundation released a report on Oct. 31, 2025, highlighting a potential threat to Bitcoin security from quantum computers. It warns that 6.51 million BTC could be vulnerable to quantum attacks in the next five years.

  • 1.72 million BTC are in early Pay-to-Public-Key addresses, including 1.1 million BTC linked to Satoshi Nakamoto. These are considered dormant and valued at about $188 billion.
  • An additional 4.49 million BTC could be secured if owners transfer them to quantum-safe addresses.

Timeline and Technical Threats

  • Experts at the Presidio Bitcoin Quantum Summit predict quantum computers may break Bitcoin's encryption within 5-10 years.
  • IBM and Google have made significant hardware advances, increasing the urgency of the threat.
  • Quantum computers using Shor’s algorithm could target addresses with exposed public keys and new transactions.

Community Debate Over Dormant Coins

  • The community is divided over handling vulnerable Satoshi-era funds, debating whether they should be "burned" or remain exposed to potential theft.
  • Proposed quantum-resistant signature schemes face challenges due to their larger size, impacting blockchain scaling.
  • No consensus was reached on a single roadmap for quantum resistance.
  • Address reuse, especially by exchanges and custodians, should be eliminated to reduce vulnerabilities.

Presidio Bitcoin Survey | Source: Presidio Bitcoin

Institutional custody solutions need to adopt better practices before quantum computers become viable threats.