The impact of quantum computers on Bitcoin, a long-debated topic in the crypto world, has resurfaced. Tether CEO Paolo Ardoino suggested that these advanced machines could potentially help recover lost Bitcoin in the future. However, he emphasized that, for now, quantum technology is still far from breaking Bitcoin’s encryption.
According to Ardoino, over time, quantum advancements might make it possible to access old wallets, bringing long-lost Bitcoin back into circulation. On the other hand, he stated that active wallet holders would migrate their assets to quantum-resistant addresses to maintain security.
Some investors and experts argue that Bitcoin believed to belong to Satoshi Nakamoto could become vulnerable to manipulation if such technology becomes a reality. However, as of now, there is no quantum computer capable of threatening Bitcoin’s security.
While concerns about this technology persist within the Bitcoin community, experts stress the importance of early risk management. Nonetheless, developing a quantum computer with millions of qubits remains highly improbable with current technology. Ardoino reaffirmed that Bitcoin’s limited supply would remain unchanged, maintaining its position as a reliable long-term asset.
