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Quote from: greentech2 on May 17, 2025, 11:56:11 PM
The IBIT (iShares Bitcoin Trust) filing by BlackRock does mention quantum computing as a potential risk to Bitcoin.  In its S-1 registration statement required by the SEC, BlackRock included this kind of disclosure: "The development of quantum computers could pose a risk to the security of the Bitcoin network, potentially rendering the cryptographic underpinnings of Bitcoin ineffective."
It is a potential risk to everyone not just Bitcoin like a sword of Damocles especially to the government.
But many seems to think that it's the kryptonite of Bitcoin
AnythingAnytime you hear aabout quantum computer, the next is crack bitcoin
You rarely (personally haven't) see any that states it would pose a threat to the financial system and government secrets.
Original archived Re: Can Quantum Computers capable for guessing BIP39 Seed Phrases?
Scraped on 18/05/2025, 06:51:07 UTC
Quote from: greentech2 on May 17, 2025, 11:56:11 PM
The IBIT (iShares Bitcoin Trust) filing by BlackRock does mention quantum computing as a potential risk to Bitcoin.  In its S-1 registration statement required by the SEC, BlackRock included this kind of disclosure: "The development of quantum computers could pose a risk to the security of the Bitcoin network, potentially rendering the cryptographic underpinnings of Bitcoin ineffective."
It is a potential risk to everyone not just Bitcoin like a sword of Damocles especially to the government.
But many seems to think that it's the kryptonite of Bitcoin
Anything you hear a quantum computer, the next is crack bitcoin
You rarely (personally haven't) see any that states it would pose a threat to the financial system and government secrets.