Investor Anxiety Over Quantum Risk Weighing on Bitcoin

Share via:


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Investor Anxiety Over Quantum Risk Weighing on Bitcoin


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

9to5Mac Top Stories: iOS 26.3 beta, App Store changes,...

Welcome to 9to5Mac’s top stories of the week,...

Meesho Emerges Biggest Winner In A Mixed Week For...

SUMMARY Shares of 26 of the 50 new-age tech...

Best Nintendo Switch 2 Controllers (2025), Tested and Reviewed

The launch of Switch 2 brings with it a...

Popular