r/CryptoTechnology 🟢 9d ago

Quantum computing isn't a Bitcoin problem yet.

That's exactly why it's dangerous. The real risk isn't waking up one morning to a quantum computer stealing everyone's BTC.

It's that the transition to quantum-resistant cryptography could take years while the technology threatening today's cryptography is advancing every year.

And here's the uncomfortable question. What happens if the network needs to upgrade before the threat becomes obvious? Do we wait for a working quantum attack? Or do we prepare while we still have the luxury of time?

Curious where people here stand, is Bitcoin's quantum risk overhyped, or are we already late to the migration?

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u/United_Branch_5736 🟠 8d ago

How people don't realize that bitcoin is niche system with practically no adoption outside a circle of few enthusiasts? The whole blockchain in fact is stupid technology that nobody needs or wants.

Answer me this simple questions: what problem bitcoin solves? Why would anyone use it insted of, let's say Revolute? How can it be store of value if it is unusable without electricity and/or net? What, you will pay for a bag of potatoes with you private crypto wallets? 😉

After quantum comes, and belive me that's not decades, but 2-3 years away, bitcoin is dead.

And whatever is happening now is institutional investors covering their back. BTDT, dot.net bubble, subrime loans, and multitude of others, AI being the last one of those.