Investor Anxiety Over Quantum Risk Weighing on Bitcoin
The post Investor Anxiety Over Quantum Risk Weighing on Bitcoin appeared on BitcoinEthereumNews.com.
The response from Bitcoin developers on the risk of quantum computing to the cryptocurrency is weighing down its price and affecting capital flow, crypto industry executives have argued. Adam Back, a cypherpunk and the co-founder of Bitcoin infrastructure company Blockstream, argued in a series of X posts on Thursday that it is good for Bitcoin (BTC) to be “quantum ready,” but it won’t be a threat for the next few decades, as the technology is still “ridiculously early,” and has research and development issues. He predicts there will be no risks in the next ten years, and even if some parts of Bitcoin’s encryption were broken, it does not rely on encryption as a core security model and “it’s not going to result in Bitcoin being stolen on the network.” Source: Adam Back Quantum computing continues to be debated as a potential threat to the crypto industry, as more advanced computers that could break encryption have been theorized as having the capability to reveal user keys and expose sensitive data. Investors concerned about quantum risk Nic Carter, a partner at venture capital firm Castle Island Ventures, said in response to Back that it’s “extremely bearish” that many influential developers “flatly deny that there’s any quantum risk.” “The discrepancy between capital and developers on this issue is massive. Capital is concerned and looking for a solution. Devs are mainly in complete denial. Inability to even acknowledge quantum risk is already weighing on the price.” Craig Warmke, a fellow at the Bitcoin Policy Institute, agreed, adding that quantum risk is slowing the flow of capital into Bitcoin and pushing larger holders to diversify. “When non-technical people express concerns, they sometimes use technically incorrect language,” he said, adding it was “frustrating to see technical people dismiss concerns” rather than address the topic of…
Filed under: News - @ December 19, 2025 4:28 pm