Quantum Computing Threatens Bitcoin’s Security – Experts Warn of Obsolete Protection by 2030

A new threat looms over Bitcoin: quantum computers, capable of breaking its current encryption and leading to the theft of funds. Experts warn that quantum technology, with its ability to analyze intricate calculations like a human mind can soon make private keys vulnerable, potentially rendering current security measures obsolete by 2030. The alarm is ringing loud as this potential risk for Bitcoin’s long-term sustainability grows stronger. Leading the charge in this crucial shift are experts at Galaxy Digital, who highlight the need to move towards quantum-resistant technologies, ensuring a secure future for the leading cryptocurrency.