Bitcoin and quantum computer fud

[m2017]

It appears that this article is creating another type of fud that is based on the assumption that a quantum computer that will destroy the cryptospace will be created soon. This is headshaking to write this article with this as the author's big assumption.

The author is motivated by selfish motives (salary) by hyping up the quantum threats to cryptocurrencies and manipulating the fears of bicoiners.

This is yet another battle (which they've won, if we're discussing it here) between the media and our attention, which they monetize.

In any case, we are not experts on quantum computers. We can only follow the news updates. I will share more news updates on this developing storyline.

Thanks, but we don't need updates. If quantum computing makes a difference, we'll probably know about it right away. But for now, if that moment hasn't arrived yet (and what if the threat is exaggerated?), why panic ahead of time?

[r_victory]

Apocalyptic theories will always exist. I've seen many debunk this quantum issue and say it's practically impossible, while others say the “end” is near. We'll only know when it actually happens; for now, I believe it's just speculation on both sides. Of course, considering the advancement of computing and the power of current computers, a threat isn't crazy, but we can't predict exactly how it will unfold.

[Z-tight]

We'll only know when it actually happens; for now, I believe it's just speculation on both sides.

'We'll know when it happens'? That does not sound comforting, lol. Before it happens, the network would have migrated to post-quantum cryptography, at least that is the plan. And like this article failed to mention, there are proposals to this effect and one can easily research and find it.

Like i have said before, it is the whole story surrounding quantum threat that is fud, and this article proves it to be correct. The agenda is probably to ignite fear in certain bitcoiners who do not know better, so they would sell off their BTC's, and for this author, he aims to deceive people to sell their BTC for ETH. 

[ImGenius]

I don't care about this kind of fud, Even if a powerful quantum computer appear it won't be Able to target many address at a time. But i believe bitcoin technical team will also do something to prevent it. When it appear bitcoin price may drop I wiil use that chance to buy more bitcoin.

It's been 27 years since bitcoin technology is made still no one can break with today's technology, when quantum computer appear don't you think those genius experts who made bitcoin won't make bitcoin technology more powerful that it can't be break within another 100 years.

[Johnlomape]

I don't care about this kind of fud, Even if a powerful quantum computer appear it won't be Able to target many address at a time. But i believe bitcoin technical team will also do something to prevent it. When it appear bitcoin price may drop I wiil use that chance to buy more bitcoin.

It's been 27 years since bitcoin technology is made still no one can break with today's technology, when quantum computer appear don't you think those genius experts who made bitcoin won't make bitcoin technology more powerful that it can't be break within another 100 years.

I don't know why people are bothering themselves about this and I know that the government would never allow something like this to happen. Most of the quantum experimental labs are owned by the government and others are owned by big companies that have the control of the government. I know there will be guidelines how the quantum computers should be operated when the experimental processses is completed and quantum computers start performing their duties. We should buy be worried about quantum computer fud and that looks like a propaganda to make some investors give up on Bitcoin.

[X-ray]

We'll only know when it actually happens; for now, I believe it's just speculation on both sides.

'We'll know when it happens'? That does not sound comforting, lol. Before it happens, the network would have migrated to post-quantum cryptography, at least that is the plan. And like this article failed to mention, there are proposals to this effect and one can easily research and find it.

Hopefully we will be having post-quantum cryptography back then but even with the threat of quantum computer, it's not like the owner of state of the art quantum computers which usually are large corporations are going to use their quantum computer to breach bitcoin blockchain the first time it become viable and not getting entangled into legal consequences.

The fear about quantum computing power sometime feels very strange and abnormal.

[Outhue]

I will consider that article a fud only because they are pointing at crypto only and that's not true, because quantum computers are capable of affecting everything, including military breaches too, the damage will affect everything in the world, so quantum computers won't make it unless there is already a protection in place.

Humans are the ones to create quantum computers, if it's going to be a threat it won't exist, we humans are the only ones that can bring doom unto ourselves, we can also stop it if we choose to, so why will be create something that will destroy everything? Protection first than maybe release later, we've had many discussions about quantum computers already, it's enough.

[Rustam Meraj]

The crazy fictional quantum clock story will get attention seeking people to click, and big investors to shake, and they do not know first thing about open source development.
​Idea that Bitcoin careful governance is downside is totally wrong. It simply does not understand importance of careful governance in the first place. That is slow and very careful agreement process that is heart of the network security against quick and too early rushed changes. Not only would agreement be reached very quickly amongst whole global community in event of actual, real quantum threat, but it would be reached out of sheer survival instinct. Now these pieces are simply repackaging academic research papers from banks such as Citi into shocking doom and gloom headlines. It is simply marketing push to get the hype on alternative assets, and not necessarily showing technology problem right now.

[AmoreJaz]

I will consider that article a fud only because they are pointing at crypto only and that's not true, because quantum computers are capable of affecting everything, including military breaches too, the damage will affect everything in the world, so quantum computers won't make it unless there is already a protection in place.

Humans are the ones to create quantum computers, if it's going to be a threat it won't exist, we humans are the only ones that can bring doom unto ourselves, we can also stop it if we choose to, so why will be create something that will destroy everything? Protection first than maybe release later, we've had many discussions about quantum computers already, it's enough.

That is true, just like AI or robots, they are just relying on what human programmers can do and so, humans have the power to shut down their programs if something unnecessary happens. In the end, humans still have the upper hand as to what will advance technology will do to our life.

[bbc.reporter]

News update.

It appears that when the mining death spiral fud and the Michael Sellor fud is not working, these cryptonews and mainstream news media outlets will again return to this quantum computer fud heheheeh. Is this the bear market fud rotation?

Also, why is an Ethereum foundation working on a solution? What are the real developers of bitcoin replying on this fud?



Coinbase-convened advisory board of some of the most prominent cryptographers in the world has laid out what Bitcoin should do about the millions of coins a future quantum computer could steal, and on the hardest question, it refuses to answer.

The board, which shared the report with CoinDesk earlier this week, includes Scott Aaronson of the University of Texas at Austin, Dan Boneh of Stanford and Justin Drake of the Ethereum Foundation. Its starting point is that quantum computers are not a threat to blockchains today and that nobody knows when they will be, so the debate should not wait on a timeline.

The exposure is concentrated in Bitcoin, however. About 1.7 million bitcoin sit in roughly 20,000 early pay-to-public-key addresses, a format that publishes the owner's public key directly on the blockchain and leaves it open to a quantum attacker.

What the board will not do is choose. It writes that there is no correct answer and that the Bitcoin community has to decide. It commits to only two things, that the technical migration planning should start now because it is separate from the abandoned-coins question, and that holders need clarity so the issue does not fester.

"While the council takes no position on the abandoned coins debate, that's for the community to decide, they are direct about two things: Start the technical migration work now. The engineering work to support post-quantum signatures is independent of the governance debate and shouldn't wait for it."

Read in full https://www.coindesk.com/tech/2026/06/13/top-cryptographers-can-t-agree-on-bitcoin-s-biggest-quantum-question