Expert Warns of Quantum Threat to Bitcoin Security

Bitcoin analyst James Check has raised concerns about the potential impact of quantum computing on Bitcoin's security. According to NS3.AI, Check highlighted that approximately 1.7 million BTC, valued at around $145 billion at current prices, could be at risk if a sufficiently powerful quantum computer were to break Bitcoin's cryptographic signatures. He suggested that while Bitcoin's normal turnover could gradually absorb this supply over several months, the governance surrounding vulnerable Satoshi-era coins presents a more significant challenge.