Quantum threat to Bitcoin extends past wallet hacks: Coinbase analyst

As quantum computing advances, discussions regarding its potential impact on Bitcoin and blockchain technology have intensified. Prominent cypherpunk Adam Back argues that quantum computers will not pose a threat to Bitcoin in the near future. He emphasizes that it will take considerable time before quantum hacking becomes a realistic risk. While this perspective may provide some relief to Bitcoin investors and traders, it also demands caution regarding future technological innovations. As quantum computers mature, the implications for security cannot be overlooked. Therefore, investors must stay alert to upcoming technological developments and prioritize risk management.