Home
News
Details

Analyst Warns: Quantum Computing Poses Major Long-Term Risk to Bitcoin

iconBitcoinsistemi
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$87,216.40-1.5%
Nic Carter, general partner at Castle Island Ventures, warns that quantum computing could disrupt Bitcoin’s security, especially for long-term investing. He says the community is underestimating the risk, with 6.7 million BTC exposed to quantum attacks. A shift to post-quantum systems would be complex and risky, and the real danger may be the panic it triggers. Carter stresses that the risk-to-reward ratio for Bitcoin could change dramatically if quantum threats materialize before defenses are in place.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.