Crypto Biz: Bitcoin’s quantum threat is becoming an economic problem

The debate over quantum computing has raised serious questions about Bitcoin’s long-term security, but the economic consequences could emerge long before the technology seriously threatens the network.

Muneeb Ali, founder of Bitcoin layer-2 project Stacks, believes quantum computing risks are already discouraging institutional investment, even as US spot Bitcoin ETFs have amassed more than $104 billion in net assets, according to BitBo data. He warns that BTC has only a few years to prepare for the transition to quantum-resistant security, a process that could take years given the network’s history of slow and contentious upgrades.

For institutional investors drawn to Bitcoin as a hedge against currency debasement, doubts about its long-term security could complicate the investment case. 

This week’s Crypto Biz explores the quantum threat, alongside new developments surrounding Ripple, VanEck and European stablecoin adoption. 

Quantum computing fears are already limiting Bitcoin’s growth, Stacks founder says

Bitcoin could face a more serious security challenge if developers fail to make meaningful progress toward quantum resistance by 2028, according to Stacks founder Muneeb Ali, who warned that the network’s lengthy upgrade process leaves little room for delays.