Ark Invest Analyst: Quantum Computing Not an Immediate Threat to Bitcoin

Ark Invest analyst David Puell has stated that quantum computing does not pose an immediate threat to Bitcoin. According to NS3.AI, Puell highlighted that approximately 5.2 million BTC are held in addresses considered vulnerable to quantum threats. Additionally, he noted that around 1.7 million BTC in addresses believed to be lost could also be susceptible. Despite these concerns, Puell expressed confidence that the Bitcoin network would have sufficient time to implement quantum-resistant cryptographic methods to safeguard against potential risks.