Tether CEO: Quantum computing will'recirculate 'lost bitcoins
2025-02-09 12:53:33
Tether chief executive paolo ardoino prediction quantum computingdesk3cryptocurrencydesktopCrypto News
Paolo Ardoino, chief executive of Tether, predicts that quantum computing will eventually crack inactive bitcoin wallets and put the coins in those wallets back into circulation. But he says this is still a long way off. "Any lost bitcoin in a wallet, including Satoshi's [if not alive] bitcoin, will be hacked and re-circulated". "Quantum computing is nowhere near any meaningful risk of cracking bitcoin encryption."
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