Nic Carter, a notable figure in the cryptocurrency space, claims the US government could use quantum technology to compromise Bitcoin security, potentially enabling the recovery of bitcoins from previous owners. This assertion highlights the theoretical risk that quantum computing poses to Bitcoin’s ECDSA signature security, although current assessments suggest the necessary technology does not yet exist. Markets have responded with caution: odds on Polymarket for Bitcoin reaching $200,000 by December 31, 2026 now stand at just 2%, reflecting growing skepticism among participants. Expert consensus remains that the quantum threat is currently theoretical.
Source: Read the original article
