Quantum computers threaten Bitcoin: Is digital money soon dead?

Quantum computers threaten Bitcoin: Is digital money soon dead?

The question of Bitcoin's future has been concerned with the minds of investors and technology enthusiasts since its introduction in 2009. The debate is primarily about the security of the cryptocurrency, which is not only threatened by market fluctuations, but also by technological progress, especially in the area of ​​quantum computing. In the meantime, Bitcoin has established itself as a reliable asset and reached a maximum of almost 112,000 USD per coin. The overall market capitalization of all cryptocurrencies was even $ 3.91 trillion, with Bitcoin being most of these investments, according to Cryptorank.

One of the greatest constraints that the Bitcoin community is working on is quantum computing. This technology, which is composed of the principles of quantum mechanics and computer science, could potentially crack the mathematical basics of cryptography on which Bitcoin is based. While Bitcoin is currently using safe algorithms-such as ECDSA for wallet security and SHA-256 for transactions-advanced quantum computers could be a serious threat. Experts such as those of Forbes warn that a "Q-day" could be able to endanger and endanger Bitcoin transactions to trigger market instabilities.

risks from quantum computers

The technologies of quantum computing are still under development by mid -2025. Companies like Google and IBM are making progress, but the estimates may take until the 2030s before quantum computers actually endanger Bitcoin's security systems. According to a Deloitte study, about 25% of the Bitcoin offer, which corresponds to around 4 million BTC, are potentially susceptible to these new technical threats. Inactive wallets with exposed public keys in particular are the focus here. Developments in the field of cryptography according to quantum standard are already in progress.

Another aspect that could endanger Bitcoin is the use of a nuclear electromagnetic pulse (NEMP). Such an attack could destroy the entire infrastructure on which Bitcoin is based, including mining equipment and internet nodes. Growing tensions between nuclear powers such as Russia, China and the USA are fueling the concerns of people that nuclear weapons could be used in a global conflict. Surveys show that 68-76% of people in Europe and the USA are convinced that such developments are quite realistic.

The Bitcoin market and investment strategies

The Bitcoin course is currently recovering after a reset in April and is around USD 105,000. Signs indicate that we could approach a new one. For example, the PI Cycle Top Indicator suggests that there is further upward potential. Blackrock has also recognized the risks from quantum computers in their Bitcoin strategies and warns of it. At the same time, Bitcoin-Staking is revived: In cooperation with Babylon Labs, Kraken has launched a new product that allows users to get interest on their Bitcoin-without any detours such as bridging or lending.

In addition, KAJ LABS invests $ 160 million in Bitcoin to support the Image Network, a decentralized AI-based social platform. This investment is intended to serve as a liquidity retention and contribute to financing the expansion of the ecosystem. Bitcoin is therefore not only a digital currency, but also as a promising platform for future innovations in the web3 area, as described in the Krypto Magazin is.