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Is quantum computing a threat to Bitcoin? I did some research on this topic and here's my conclusion: Quantum computing will EVENTUALLY break Bitcoin's security, but not any time soon By the time it's a serious threat, Bitcoin will be upgraded

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Rajat Soni, CFA

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31,499 views • 8 months ago •via X (Twitter)

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Quantum computers pose two threats to Bitcoin: Threat 1: A quantum computer will be built and used to break Bitcoin's cryptography. Threat 2: Even before a QC is built, delaying the preparations to ensure Bitcoin is quantum ready will lead to people losing confidence in Bitcoin. The solution to both threats: ensure Bitcoin becomes quantum resistant via initiatives like BIP 360 + make sure the world knows this will be taken care of in time.
1:04

Quantum computers pose two threats to Bitcoin: Threat 1: A quantum computer will be built and used to break Bitcoin's cryptography. Threat 2: Even before a QC is built, delaying the preparations to ensure Bitcoin is quantum ready will lead to people losing confidence in Bitcoin. The solution to both threats: ensure Bitcoin becomes quantum resistant via initiatives like BIP 360 + make sure the world knows this will be taken care of in time.

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Me: Is Quantum Computing really a threat to Bitcoin? Fable 5:

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BREAKING: Michael Saylor announces Strategy is launching a Bitcoin Security Program to address the quantum computing threat
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Lightning co-author Tadge Dryja on Bitcoin & Quantum Computing: "I don't think a quantum computer will exist in my lifetime... [but I realized] this is something important to work on because there are people who don't want to hold Bitcoin because of this." "I'm betting there will not be a quantum computer in my lifetime... but that's not a bet people should have to take."
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NEW: Cathie Wood says the very earliest Quantum Computing could pose a threat to Bitcoin is the 2040’s. 👀
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NEW: Cathie Wood says the very earliest Quantum Computing could pose a threat to Bitcoin is the 2040’s. 👀

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Samson Mow says quantum computing is not a near-term threat to Bitcoin. Believes it’s at least 10–20 years away, and Bitcoin can upgrade faster than the financial system.
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Samson Mow says quantum computing is not a near-term threat to Bitcoin. Believes it’s at least 10–20 years away, and Bitcoin can upgrade faster than the financial system.

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23,851 views • 5 months ago

🚨Google recently announced the Willow - 105 Qubit Quantum computing chip. This made a lot of people question whether quantum computing is close to breaking Bitcoin. Watch this Video where we explain - What is quantum computing & can it break Bitcoin. This video is from 5 years ago - Back then Google was able to achieve close to 53 Qubit.
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“Only two steps” required to make Bitcoin quantum-resistant? In this Unchained episode, Matt Corallo 🟠 joins me to discuss: ❌ Why he thinks Nic Carter is wrong about the quantum threat to Bitcoin ⛔ Why he disagrees with Nic on his ranking of Bitcoin’s most influential developers 😱 Why “the community at that time” will deal with the quantum threat 🥷 Why making bitcoin post-quantum might require a block size increase 🔥 Why he believes “you burn old lost coins, you burn anyone who hasn't migrated” Timestamps: 🚀0:00 Introduction ⚔️02:16 What Matt says Nic is getting wrong about the quantum threat to Bitcoin 🤔08:59 What Matt says Bitcoin's quantum security roadmap could look like 🫠19:04 Do Bitcoin Core developers have any timelines? 🤯29:34 Are there only two steps required to quantum-proof Bitcoin? 📍34:04 Matt weighs in on public comments from other Bitcoin developers on the quantum threat ⁉️47:37 Why Bitcoin Core has not announced a quantum team 👀53:57 Can BlackRock “fire” Bitcoin developers? 💫58:07 What Matt says is the North Star for Bitcoin developers 🔥1:07:42 What Matt thinks will happen to lost bitcoins 🤔1:08:26 Is there any plan to secure Bitcoin against AI? 👀1:11:31 Will Bitcoin and Ethereum align on quantum security?
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“Only two steps” required to make Bitcoin quantum-resistant? In this Unchained episode, Matt Corallo 🟠 joins me to discuss: ❌ Why he thinks Nic Carter is wrong about the quantum threat to Bitcoin ⛔ Why he disagrees with Nic on his ranking of Bitcoin’s most influential developers 😱 Why “the community at that time” will deal with the quantum threat 🥷 Why making bitcoin post-quantum might require a block size increase 🔥 Why he believes “you burn old lost coins, you burn anyone who hasn't migrated” Timestamps: 🚀0:00 Introduction ⚔️02:16 What Matt says Nic is getting wrong about the quantum threat to Bitcoin 🤔08:59 What Matt says Bitcoin's quantum security roadmap could look like 🫠19:04 Do Bitcoin Core developers have any timelines? 🤯29:34 Are there only two steps required to quantum-proof Bitcoin? 📍34:04 Matt weighs in on public comments from other Bitcoin developers on the quantum threat ⁉️47:37 Why Bitcoin Core has not announced a quantum team 👀53:57 Can BlackRock “fire” Bitcoin developers? 💫58:07 What Matt says is the North Star for Bitcoin developers 🔥1:07:42 What Matt thinks will happen to lost bitcoins 🤔1:08:26 Is there any plan to secure Bitcoin against AI? 👀1:11:31 Will Bitcoin and Ethereum align on quantum security?

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19,795 views • 5 months ago

"There's nothing worse than trying to protect against quantum computing and then making Bitcoin insecure against regular computing." Adam Back on why hash-based signatures are the conservative post-quantum choice for Bitcoin. Based on a 1979 paper. Decades of analysis. SHRINCS is where Blockstream Research landed.
1:03

"There's nothing worse than trying to protect against quantum computing and then making Bitcoin insecure against regular computing." Adam Back on why hash-based signatures are the conservative post-quantum choice for Bitcoin. Based on a 1979 paper. Decades of analysis. SHRINCS is where Blockstream Research landed.

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BINANCE FOUNDER CZ ISSUED A WARNING: “QUANTUM COMPUTING MAY BREAK EXISTING ENCRYPTION.” CURRENT CRYPTO SYSTEMS MAY BE AT RISK THE TIME FOR BITCOIN TO UPGRADE HAS COME
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BINANCE FOUNDER CZ ISSUED A WARNING: “QUANTUM COMPUTING MAY BREAK EXISTING ENCRYPTION.” CURRENT CRYPTO SYSTEMS MAY BE AT RISK THE TIME FOR BITCOIN TO UPGRADE HAS COME

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388,553 views • 1 month ago

.Martin Shkreli is bullish on photonic computing. "I think it's sort of time for the end of silicon." "I was very convinced that the quantum computing story is basically fraud. I literally think some of the CEOs of the quantum computing companies will go jail." "If we had an optical computer, I think it would have a 1000x to a 1,00,000x performance." "Compared to biological computing or quantum or some of the other alternative computings, those aren't really that exciting."
3:22

.Martin Shkreli is bullish on photonic computing. "I think it's sort of time for the end of silicon." "I was very convinced that the quantum computing story is basically fraud. I literally think some of the CEOs of the quantum computing companies will go jail." "If we had an optical computer, I think it would have a 1000x to a 1,00,000x performance." "Compared to biological computing or quantum or some of the other alternative computings, those aren't really that exciting."

MTS

93,606 views • 3 months ago

If I made a "$3 to $4 billion dollar mistake" by selling my Bitcoin early, I would say crypto is about to be cracked by quantum computing too.
0:54

If I made a "$3 to $4 billion dollar mistake" by selling my Bitcoin early, I would say crypto is about to be cracked by quantum computing too.

Altcoin Daily

248,270 views • 1 year ago