Story perspectives

Experts Debate Bitcoin's Future Amid Quantum Computing Threat

12/18/2025

Summary

Story summary

Michael Saylor says quantum computing will strengthen Bitcoin.
He adds the network can adapt via protocol upgrades to migrate active coins to secure standards.
Charles Edwards warns Bitcoin could fall below $50,000 if not quantum-resistant by 2028.
Adam Back dismisses quantum threat claims, saying Bitcoin has time to upgrade.
Willy Woo says the network isn't at immediate risk, but about 4 million older coins could be vulnerable.

History

Historical Context

In 1994, Peter Shor developed Shor's algorithm, which demonstrated that quantum computers could efficiently factor large numbers, posing a significant threat to traditional cryptographic systems like RSA. This revelation spurred organizations such as the National Institute of Standards and Technology (NIST) to investigate quantum-resistant algorithms, highlighting ongoing concerns about cryptocurrency security, particularly Bitcoin's vulnerability to quantum attacks.

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Story summary

Michael Saylor says quantum computing will strengthen Bitcoin.
He adds the network can adapt via protocol upgrades to migrate active coins to secure standards.
Charles Edwards warns Bitcoin could fall below $50,000 if not quantum-resistant by 2028.
Adam Back dismisses quantum threat claims, saying Bitcoin has time to upgrade.
Willy Woo says the network isn't at immediate risk, but about 4 million older coins could be vulnerable.

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