Nic Carter warns US may use quantum tech to compromise Bitcoin security

https://www.theverge.com/22367951/bitcoin-future-nic-carter-steve-hanke-interview-decoder-podcast Nic Carter, a notable figure in the cryptocurrency space, has claimed that the US government will utilize quantum technology to compromise Bitcoin’s security, potentially allowing the recovery of Bitcoins from previous owners. This assertion highlights the theoretical risk posed by quantum computing to Bitcoin’s ECDSA signature security, although current assessments suggest that the necessary technology does not yet exist. Markets have responded with caution, as this development adds to the ongoing discourse about the long-term security of cryptocurrencies in the face of advancing quantum technologies. Market pricing in the “Bitcoin Future Price Predictions” segment on Polymarket shows a decrease in confidence regarding Bitcoin reaching significant price milestones by the end of 2026. With Nic Carter’s statements introducing uncertainty, market participants appear to be adjusting their expectations for Bitcoin’s growth potential over the next five months. The odds for Bitcoin reaching $200,000 by December 31, 2026, currently stand at just 2% YES, reflecting a significant level of skept...