Bitcoin News

Story: Nic Carter Warns Bitcoin Could Face Quantum Threat by 2035 — Why ‘Q-Day’ Matters

By Dan Saada

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The Growing Risk: Quantum Machines Advancing Faster Than Expected. In his latest article, Carter explains that a cryptographically relevant quantum computer (CRQC)—a…

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Why Bitcoin Is a Prime Target for Quantum Attackers. Carter warns that Bitcoin represents a massive incentive for any nation or entity that develops a…

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What a Quantum Breakthrough Could Mean for Bitcoin’s Stability. According to Carter, the emergence of a quantum computer capable of breaking Bitcoin’s encryption…

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Quantum Risk Is Wider Than Bitcoin Alone. While Bitcoin is the focus of Carter’s article, he emphasizes that quantum vulnerability is not…

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The Path Forward: Why Action Must Start Now. Although the threat sounds alarming, Carter emphasizes that nearly all vulnerabilities can be…

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Bitcoin may face its most significant security challenge within the next decade, according to a new analysis by Nic Carter, partner at Castle Island Ventures.

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In his latest article, Carter explains that a cryptographically relevant quantum computer (CRQC)—a machine capable of cracking the cryptographic algorithms that secure…

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Rapid increases in quantum computing power, with prototype machines doubling capabilities at accelerating rates.

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Billions of dollars in private-sector investment, as companies race to achieve quantum breakthroughs.

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Government interest in quantum readiness, with agencies like NIST already developing encryption standards designed to withstand quantum attacks.

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These pieces of evidence, Carter argues, suggest that the arrival of quantum-capable systems may not be a distant hypothetical scenario but a foreseeable milestone within the…

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He describes Bitcoin as a “bug bounty” worth billions of dollars to whichever group achieves quantum capability first.

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This possibility raises concerns not only for active users but also for assets tied to inactive wallets—especially Satoshi Nakamoto’s early coins, which remain untouched.

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According to Carter, the emergence of a quantum computer capable of breaking Bitcoin’s encryption would fundamentally challenge trust in the network.

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Market disruption, as ownership security comes into question.

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