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There was another round of market chatter about quantum computers cracking Bitcoin this week, the kind of talk that usually comes up when BTC is on sale and someone is trying to link the uncertainty of the price to the pressing narrative, but this time Adam Back entered and closes the entire narrative with a single explanation that may have taken the tension out of the room for some.
For those who are not familiar, Back is one of the first cypherpunks, whose name HBO openly placed next to Peter Todd in its collective framework-Satoshi. As he explains to us, the “Q-Day” angle is disconnected from the actual engineering times and has no operational relevance for the network.
He says that it will be at least 20 to 40 years before something dangerous emerges, and even that estimate is a bit cautious.
When quantum hardware reaches that level, Bitcoin It will immediately have a bunch of consensus evaluations and already incorporate post-quantum signatures, because those tools are not just hypothetical – they are already out there.
Back also talked about the subtext that is still there with this topic: some actors might just try to destabilize the holders and get their hands on cheaper coins, a tactic that the market has seen many times before. As soon as fear sets in, liquidity dries up, offers drop, and patient buyers stop.
His message basically sums up the issue to a conclusion. Bitcoin is not exposedvulnerable or racing against an imaginary countdown. The network has time, tools and a clear path, and the cycle of quantum fear is much more useful for narratives than something based in reality.