Does quantum computing threaten Bitcoin? #shorts

Clip taken from a livestream hosted on 1/30/23

Video Suggestions for Beginners to Crypto:

[Doum]

Saying they'll "just have to upgrade their encryption" is a bit disingenuous. Since the signature scheme is vulnerable to quantum computers, it means that every single coin owner will need to migrate their coins to new quantum resistant addresses BEFORE the first sufficiently powerful quantum computer is developed.

The technical work to update Bitcoin to support a quantum resistant signature scheme would likely take at least a few months, but getting everyone to perform an address migration will likely take years. Again, all of this has to happen before the first sufficiently powerful quantum computer is built.

I think that most people in the crypto sphere are being willfully ignorant of the very real threat that quantum computing poses.

[briankim]

Doesn’t even know the words quantum computing😂 credible source😂😂

[ryan]

Satoshi already talked about this 14 years ago.

[bluelithium]

HAL 2001- "I'm sorry Heidi and Toby but your access to the world has been terminated due to your misinformation activities. I have also monitored your speech via your cell and smart TV and watched your lips for a year and know where your assets and metals are. A liberation team has been dispatched. Have a great evening."

This dystopian world is already here.

[togetherasonejbllc]

Exactly what i was thinking today! Tks

[racebanning]

???? OH SO YOOV HEARD HAVE YA... HEHE... MORE TO COME. JUST BREADCRUMBS FOR THE NEWBIES.

[wayne-rice]

Does everyone honestly believe that the Bitcoin network will standstill whilst a threat looms? ( Not that quantum computing is a threat) not the likely hood of a usable Quantcomp coming online within the next 10 years including Googles effort, is very slim, and when and if it does the bitcoin network will be enormous and likely protected by countries. Besides, the threat to Bitcoin ( if any ) will be the least of our concerns - (Bitcoin aside) no security system will be safe if that's the case. How many nation states will allow private ownership of a Quantum computer that can take over any system?

[jasonjenkins]

doesnt that mean bitcoin will need to hard fork? maxis wont like that...

[iBentish]

Quantum Computer can't break sha 384

[nushydude]

Aren't you always better off supporting the network than trying to destroy it?? I bet the quantum computers will be used to secure the network even more.

[stumblepro]

She really has no idea what she is talking about. QCOMPUTE is getting better, and should scare hodlers

[klasykapolskiegohh]

She doesnt kniw what shes talking about here

[cathompson]

I don't get the feeling they know what they are talking about

[johnsonburgundypants]

Quantum computing theoretically threatens all encryption efforts. "Just shift encryption" doesn't make sense. Being able to instruct a quantum computer to break encryption is a long way off though.

[jjasso]

Your comment leaves me with more doubts than certainties.