Satoshi Nakamoto has died or recently confirmed dead his wallets are being prepared for hacking, and this could cause a massive Bitcoin crash remains unsubstantiated speculation and FUD (fear, uncertainty, doubt) as of January 23, 2026. No credible evidence supports an active hack on Satoshi's wallets or a confirmed death leading to immediate market risk.
Satoshi's identity and status have been mysterious since 2011. No new, verified proof of death has emerged in 2026.
Quantum computing threats (to crack ECDSA keys on old P2PK addresses) get discussed, but experts say real risk is 2029-2033+ (needs massive qubits). Bitcoin could upgrade to quantum-resistant if needed — no panic yet.
Satoshi's coins ever moved suddenly (e.g., via quantum break or heirs selling), it could trigger short-term panic/sell-off (supply shock).
But Bitcoin is far more resilient now: institutional adoption, ETFs, global use. Past whale moves caused dips but recovered.
