Willy Woo Urges Bitcoin Holders to Move Coins From Taproot Over Quantum Concerns
Willy Woo's guide recommended Bitcoin users migrate coins away from Taproot (bc1p) addresses to SegWit bc1q or older P2PKH/P2SH formats and to refrain from spending until post-quantum protections are implemented. His post on X framed the move as a precaution against future quantum-capable machines that could weaken signature schemes tied to Taproot, prompting heated responses from developers and analysts about timing and real-world risk.
Critics say the immediate threat is low and that mass migrations could harm privacy, raise fees, and create operational risks for holders who mishandle keys. Supporters argue cautious preparation is reasonable. For users, the main takeaway is to follow reputable security guidance, balance theoretical risks against the downsides of on-chain moves, and watch for consensus solutions or wallet upgrades that explicitly address post-quantum resilience.