Expert warning: Is Bitcoin $90.74K facing a real challenge from quantum technology?

With Bitcoin currently trading at $90.74K, the debate over the threat posed by quantum computers to the security of digital assets has become more heated. Expert opinions reveal a clear divide between those who believe the risk is still distant and those who argue that immediate action is necessary.

The Danger from Quantum: Near or Far?

Jameson Lopp, co-founder of Casa and Security Director, is trying to ease concerns by pointing out that quantum technology is still far from breaking Bitcoin’s protective mechanisms. According to him, current hardware is not capable of damaging cryptographic systems. However, Lopp emphasizes that preparing for a post-quantum world is essential, and this process could take 5 to 10 years with complex protocol changes.

Grayscale, a major asset manager, also agrees that the actual threat remains limited. They do not expect quantum computers to pose problems for Bitcoin before 2030, nor do they anticipate significant impacts on cryptocurrency valuation until 2026. This gives the community more time to prepare.

More Cautious Perspectives

However, not all experts are optimistic. Vitalik Buterin, co-founder of Ethereum ($3.12K), offers a more cautious view. He estimates a 20% chance that quantum computers could compromise blockchain cryptography before 2030, and calls for this scenario to be included in contingency plans.

Charles Edwards, founder of the quantitative Bitcoin fund Capriole, goes even further in his warning. He believes urgent action is needed starting next year, warning that a major bear market could trigger a vortex if quantum-resistant solutions are not implemented before 2028. According to Edwards, delays could lead to worse situations than previous crises.

The Preparation Timeline: Not Much Time Left

The difference in viewpoints highlights an undeniable reality: whether the threat is immediate or not, transitioning Bitcoin’s system to a quantum-resistant architecture is a complex process that cannot be rushed. Moving assets to new structures will require broad coordination and careful risk management.

Lopp suggests this approach wisely: “Expect the best but prepare for the worst.” This may be the most appropriate advice for the blockchain community at this time.