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Quantum Computing Threatens Bitcoin: Experts Divided on Security

2/18/2025

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Summary

Story summary

Tether CEO Paolo Ardoino raised alarms about the looming threat of quantum computing potentially unlocking lost Bitcoin, including the mysterious Satoshi Nakamoto's stash. He reassured that many Bitcoin holders are expected to switch to quantum-resistant addresses ahead of this technology's rise. Experts remain divided, with some arguing that quantum advancements could actually bolster Bitcoin's security.

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Story summary

Tether CEO Paolo Ardoino raised alarms about the looming threat of quantum computing potentially unlocking lost Bitcoin, including the mysterious Satoshi Nakamoto's stash. He reassured that many Bitcoin holders are expected to switch to quantum-resistant addresses ahead of this technology's rise. Experts remain divided, with some arguing that quantum advancements could actually bolster Bitcoin's security.