Bitcoin's Quantum threat is ‘real but distant,’ says Wall Street analyst as doomsday debate rages on

Quantum computing poses a theoretical threat to Bitcoin, but the risk remains distant and manageable, according to Wall Street broker Benchmark. Quantum computing represents a looming cryptographic doomsday because it threatens to break the mathematical lock-and-key system that secures nearly every digital asset. Once a public key is revealed, typically when bitcoin is spent, it becomes, in theory, susceptible to a quantum attack. The raging debateWhile the threat is early, the quantum threat to Bitcoin has recently become a hot topic. From an investor’s perspective, quantum computing is a long-term technical consideration, not an immediate threat or an investment thesis-breaker.