VanEck Exec Warns of Quantum Computing Threat to Bitcoin

sallieaquino
24.11.2025
News

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Jan van Eck, the leading figure at US fund management firm VanEck, considers the menace presented by quantum computing to Bitcoin, plus the linked doubts about encryption and digital privacy, as understated.
During a discussion with CNBC, van Eck clarified that Bitcoin devotees are progressively scrutinizing whether the network’s existing cryptographic methods are adequately equipped for the dawning era of quantum computation. Although they continue to have faith in Bitcoin, the chief executive affirmed, they may distance themselves from the premier digital currency should it be proved that this premise is “radically flawed.”
Simultaneously, van Eck highlights a burgeoning interest among several “OGs” and Bitcoin purists in privacy-focused digital currencies. Seeking improved safeguards for their transaction details, a large number of Bitcoin users are considering different protocols. Zcash (ZEC) stands out as the primary recipient of this inclination.
Nevertheless, perspectives diverge in connection to the timeline for a likely hazard originating from quantum processors. To illustrate, the notable cryptographer and Blockstream head, Adam Back, posits that a “substantial” quantum vulnerability for Bitcoin is unlikely any earlier than 20 to 40 years from now – yet some other specialists advocate for a notably more pressing requirement for action.
Regardless of the ambiguous technology, van Eck still deems Bitcoin a vital segment of investor allocations – stemming partly from its pronounced global tradability. He also mentions the well-documented four-year pattern linked to the halving: Bitcoin has appreciated to a lesser degree in the present cycle compared to past bullish phases, which leads several investors to predict that the impending downturn might be more moderate as well.
For VanEck, Bitcoin holds ongoing potential as an investment for the moment, but the continued progress of quantum computers and any prospective protocol improvements will likely act as an essential trial for the cryptocurrency’s pledge of enduring safety.
Following Bitcoin’s climb back to above $87,000 at the week’s start, market observers currently spot the crypto market facing a consequential choice in direction.
Should you wish to acquire Bitcoin, Ethereum, or any other digital currencies, you can do this using Coinbase, amongst other platforms. Right now, you stand to gain €30 worth of Bitcoin as a complimentary gift whenever you purchase digital currencies totaling at least €30.

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