Industry insiders: BTC may become the target of quantum thieves' frenzied attacks

Odaily Planet Daily News BTC’s upward trend faces a risk that most cryptocurrency investors do not follow: quantum computing, a breakthrough that will not only threaten BTC, but also TradFi, as many online banking systems use a variant of Public Key encryption technology. But security experts warn that BTC may be a particularly tempting target for quantum thieves. Skip Sanzeri, co-founder of QuSecure, a startup specializing in quantum-secure cybersecurity, said, “BTC will be the target of a frenzy of attacks. Banks have certain regulatory, defense mechanisms and the ability to protect customers, while BTC is the ‘wild west’. If your BTC is stolen, your Wallet will not compensate you.” (WSJ)