Bernstein: Quantum Computing Poses Manageable Threat to Bitcoin
Bitcoin's Quantum Threat: Bernstein, a Wall Street broker, has stated that the rise of quantum computing poses a credible yet manageable threat to Bitcoin and the broader cryptocurrency ecosystem. Recent breakthroughs, such as Google Quantum AI's reduced qubit requirements, suggest that the risk is no longer a distant concern. However, scaling quantum systems to break widely used encryption remai…