Quantum Computing Won’t Break Bitcoin’s Code, It Will Disrupt Its Politics

Bitcoin’s future faces a political challenge more than a technological one from quantum computing. James Check, lead analyst at Bitcoin onchain analysis firm Checkonchain, contends that while the technology might pose a threat to Bitcoin’s security in the long term, the real issue lies with the community’s decision-making process. He argues that consensus on how to address this challenge is more difficult than achieving technological solutions. The lack of agreement on how to manage old and vulnerable addresses may lead to significant loss of Bitcoin as attacks become possible. 32.4% of all Bitcoin hasn’t been moved in the last five years, with even larger percentages remaining untouched for longer periods. 40-year-old coins face a stark reality: they are vulnerable without proper quantum resistance.