Borderless Capital: Quantum computers won't threaten Bitcoin until 2030.
Quantum technologies pose a threat to Bitcoin, but for now, there's reason to relax, according to Amit Mehra, a partner at venture capital firm Borderless Capital. He argues that quantum computing is still in its infancy, although rapid technological advances could dramatically change everything.
When the quantum threat becomes real
Speaking at the Global Blockchain Congress Dubai 2025 conference, Mehra stated that Borderless Capital is actively studying quantum computing and monitoring companies developing technologies to protect against quantum threats. He predicts that quantum computing will reach maturity by the end of the decade.
However, the fund's partner warns that people tend to underestimate the pace of technological progress. “Given recent advances in microchips, computing technologies, and decentralized computing capabilities, quantum computers are definitely a challenge. If not right now, then in the very near future,” he noted.
Quantum computing uses the principles of quantum physics to process information at speeds unachievable by today's machines. Although the technology is still developing, it has the potential to break encryption protecting cryptocurrencies and other sensitive data. This compels developers to create new standards for post-quantum security.
Urgency is important
Charles Edwards, founder of the digital asset fund Carpriole, considers the situation far more critical. He argues that the industry must implement solutions as quickly as possible.
On October 15, he wrote on social media platform X: “If Bitcoin doesn't solve the quantum problem next year, gold will outperform it forever.” Edwards called the situation an emergency and called for a solution to be found as early as next year.
Attempts to protect blockchains
Mehra and Edwards aren't the only ones concerned about quantum computing. In July, SUI Research unveiled a new cryptographic platform designed to protect blockchains from quantum threats without the need for hard forks, new addresses, or key resets.
However, the new solution works for SUI, Near, Solana, Cosmos and other blockchain networks, but does not solve the problem for Bitcoin or Ethereum.
Meanwhile, the US government is reportedly considering investing in quantum computing to protect national security interests. According to an October Bloomberg report, the US Department of Commerce may allocate funds to the emerging technology to compete with China.
The debate over the quantum threat reveals a split in the expert community. Some believe the industry has several years to prepare, while others insist on urgent action now. While developers are working on solutions for various blockchains, Bitcoin and Ethereum remain the most vulnerable to a potential quantum attack.
Source: cryptonews.net
