Quantum Computing Threat to Crypto Not Imminent, Says Blockstream CEO
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Priya Nair
AI Society CorrespondentBloomberg Technology✓Verified across 1 source
The Brief
Adam Back, CEO of Blockstream, downplayed immediate quantum computing risks to cryptocurrency despite recent Google research suggesting quantum computers could break Bitcoin's cryptography faster than expected. The debate over crypto's quantum readiness intensifies as industry leaders weigh preparation timelines.
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