Emin Gün Sirer, the founder of Ava Labs, has raised concerns about the vulnerability of Satoshi Nakamoto’s 1 million bitcoins due to advancements in quantum computing. These bitcoins are tied to the outdated Pay-To-Public-Key (P2PK) format, a decades-old technology, which exposes public keys and gives potential attackers a head start in exploiting them. Sirer highlighted that as quantum computing technology progresses, the risk of these coins being compromised increases. This issue has sparked discussions within the Bitcoin community about potential measures, such as freezing the P2PK unspent transaction outputs (UTXOs), to address the urgent quantum threat. The broader implications of quantum computing extend beyond Bitcoin, potentially affecting the foundational security of the digital age, including banking and national security.