Quantum fears already limiting Bitcoin’s growth, Stacks founder says
Speaking on Cointelegraph’s Chain Reaction podcast, Muneeb Ali warned that uncertainty over Bitcoin’s quantum security could deter institutional investors.
Speaking on Cointelegraph’s Chain Reaction podcast, Muneeb Ali warned that uncertainty over Bitcoin’s quantum security could deter institutional investors.
Concerns about quantum computing are slowing institutional investment in Bitcoin, according to Stacks founder Muneeb Ali, who warned that the network needs a credible roadmap for security upgrades to restore investor confidence.
“There is already a ceiling on the growth of Bitcoin because of quantum fears,” Ali said during an interview on Cointelegraph’s Chain Reaction podcast. He argued that uncertainty could lead risk-averse institutional investors to delay large Bitcoin purchases until developers establish a credible path toward quantum-resistant security.
Ali pointed to 2030 as a target for transitioning to quantum-resistant security, citing guidance from the US National Institute of Standards and Technology (NIST). He suggested advances in artificial intelligence could accelerate the development of quantum computers, potentially bringing that timeline forward to 2029.