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

Concerns about quantum computing are slowing institutional investment in Bitcoin, according to Stacks founder Muneeb Ali, who warned that the network needs a credible roadmap for security upgrades to restore investor confidence.

“There is already a ceiling on the growth of Bitcoin because of quantum fears,” Ali said during an interview on Cointelegraph’s Chain Reaction podcast. He argued that uncertainty could lead risk-averse institutional investors to delay large Bitcoin purchases until developers establish a credible path toward quantum-resistant security.

Stacks is a Bitcoin layer-2 network designed to bring smart contracts and decentralized applications to Bitcoin. Ali co-founded the project, which uses Bitcoin as its underlying settlement layer.

Chain Reaction Podcast. Source: Cointelegraph

Ali warned that Bitcoin could enter a riskier period if developers fail to make meaningful progress toward quantum-resistant security by 2028. He said upgrades typically take years to implement, with additional time needed for users to move their holdings to new addresses.

Ali pointed to 2030 as a target for transitioning to quantum-resistant security, citing guidance from the US National Institute of Standards and Technology (NIST). He suggested advances in artificial intelligence could accelerate the development of quantum computers, potentially bringing that timeline forward to 2029.