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Quantum Fears Shake Bitcoin: Experts Urge Action to Calm Investors

Key Takeaways

  • Quantum threats to Bitcoin are sparking investor caution, though experts say real risks are likely a decade away;
  • Diverging views among developers on quantum risks are shaping Bitcoin’s market confidence and investment behavior;
  • Experts urge clear contingency plans as advances in quantum computing and AI heighten concern over Bitcoin’s long-term security.

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Quantum Fears Shake Bitcoin: Experts Urge Action to Calm Investors

Concerns about the risk posed by quantum computing to Bitcoin's BTC $87,856.22 security have weighed on its market value and capital flows, according to crypto industry leaders.

Cypherpunk and Blockstream co‑founder Adam Back pointed out that the technology is still at a "ridiculously early" stage and said real threats are at least ten years away.

Even if some of Bitcoin's encryption were compromised, Back said its overall security does not depend on a single system.

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Nic Carter, a partner at Castle Island Ventures, disagrees with developers who do not take quantum threats seriously.

Carter has described their attitude as "extremely bearish" and believes the lack of concern shown by developers is already affecting how investors value Bitcoin.

Craig Warmke of the Bitcoin Policy Institute explained that concerns about quantum technology have led some large investors to spread their money rather than put it all into Bitcoin.

Warmke criticized some technical voices for dismissing quantum fears by arguing that such dismissals only make investors more worried. He also said that many non-technical stakeholders misunderstand the conversation, which only makes the issue worse.

Both Carter and Warmke recommend making clear backup plans to ease investor concerns. Carter stressed that as companies and countries invest more in quantum research and artificial intelligence accelerates progress, it is even more important to be ready.

Recently, Aptos Labs proposed AIP-137, which introduces optional post-quantum SLH-DSA signatures to enhance blockchain security. How does it work? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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