Insiders: Bitcoin may become a target for rampant attacks by quantum thieves

ChainCatcher message, the rise of Bitcoin faces a risk that most cryptocurrency investors do not pay attention to: quantum computing, a breakthrough that threatens not only Bitcoin but also traditional finance, as many online banking systems use variants of public key encryption technology. However, security experts warn that Bitcoin may be a particularly tempting target for quantum thieves. Skip Sanzeri, co-founder of the startup QuSecure, which specializes in quantum-safe cybersecurity, said, "Bitcoin will become a target for crazy attacks. Banks have certain regulations, defense mechanisms, and the ability to protect customers, while Bitcoin is the 'wild west.' If your Bitcoin is stolen, your wallet will not compensate you."