Those who believe will continue to buy, while those who are doubtful may have already started selling. But there is another group that will only take advantage of the market situation to make a profit. They do not care about the use of Bitcoin or quantum computers that are said to be threatening; as long as they can make a profit, there will be people who continue to buy and sell Bitcoin in the market. We do not need to worry too much.

Quantum computing has never been just a threat to Bitcoin; it's a threat to everything from banks to digital platforms and anything that uses encryption. It's just that some people are directing this threat towards Bitcoin, which is quite strange and more like FUD, because not only Bitcoin uses encryption, but many other technologies do too.

But being afraid of this is kind of silly too. I mean, quantum computing isn't at the level of being a real threat yet – and maybe it won't be for a few more years. Plus, Bitcoin devs aren't just sitting around, they're definitely monitoring quantum technology developments and quantum threat prevention, and they've already considered the suggested proposals and could implement them when the time is right.

Well, "quantum computing" basically means we are talking about a larger processing that we ever had. You know how BTC is at risk because it can crack wallets, since it would have computing power to do that? Because what takes 200+ years today may take 2 days in that situation, or maybe not; we are not there yet so we do not know.

That means, what if that same computing power is used for something else? Crack nuclear codes of a country's arsenal? Destroying the database of a country's health system? Deleting all of the information the IRS has on people? Basically, whatever can be used, it is at risk and a much larger computing power, gives bad people a chance to do a lot of evil stuff as long as they want to.

The widespread FUD currently circulating about quantum computers won’t shake my resolve in the slightest to continue investing in Bitcoin, regardless of whether it stems from a statement by Vitalik Buterin. After all, we’ve been bombarded with all sorts of bad news for a long time now, even since Bitcoin first emerged.

News like this may only affect newbie investors who focus solely on Bitcoin price or profits with every price increase, so when bad news like this surfaces, they’re bound to panic (sell or cut their losses) without doing any further research.

ME. I still do it and will continue to do so.

The banking sector, security systems, internet protocols, and private and government operations that rely on public-key cryptography are prone to quantum attacks. Yes, all sectors that use blockchain technology and all digital systems that use public-key cryptography could suffer attacks.


Vitalik Buterin's observations are correct. Almost all sectors of the world are facing threats from AI. There have been several reports of AI-powered tools hacking into the systems of reputable organizations. The crypto industry would have to prepare because these tools are developing faster than expected.

As a person, I don't know why I feel like no one can talk me out of buying or panic selling and if I indulge in those activities then it should be self decision and over the years I have always wished that I would be a part of those who will benefit from the next all time high price and I don't know how I would possibly do this but I'm very certain that I will do it and that is to say that yes, I hope to be buying bitcoin for the next leg up.

These days it's easy for people to talk about investing in Bitcoin, but it's really difficult for people who are willing buy Bitcoin and hold it for the sake of tomorrow. The generality of the people who are into Bitcoin is just there for the sake of making profit, this is why people don't talk too much about holding Bitcoin for too long. It's important that as an investigator people should not only think about investing for the purpose of short term investment which is all about making money.

Bitcoin is evolving and we are looking at the next phase of Bitcoin. Just imagine someone holding Bitcoin for the next ten years, and think about what the price of Bitcoin will be in the next ten years. The real profit is gotten in holding Bitcoin for the long term.

Who do you think is the one buying up all the coin that falls out of weak hands? The very same people who spread FUD. Their intentions are not to educate or lead you but rather make a profit from you. So it should be no surprise that veterans completely try to ignore these "influencers". Especially if they are competitors with their own coin that they want to push.

It is all a matter of perspective, really.

If OP is talking about this tweet by Vitalik, then yep, he just gave a heads up, no FUD at all. He just said AI can break encryption at some level, maybe sooner than quantum computers.

He only gave a heads up that when something happens, don't move your funds all at once because when you are in a hurry, you can make mistakes. He also said to try not to spend your coins because it can reveal your public key, which might then be used by AI, not QCs, to find the private key.

Which Vitalik's statement do you refer to? I think you need to enclose the source of the information. I doubt you misunderstand it.

There will be always FUDs on Bitcoin because some people take advantages of the FUDs. There are also the people who hate Bitcoin because of many reasons. So, we can't avoid the FUDs, it will always exist.

Indeed. It is actually a global threat. Anything connected to internet, it can be harmed by the quantum computer.
For the Bitcoin, it has the developers. I am optimistic that we will have the way to protect from the treat of quantum computer. Bitcoin developers aren't the people who don't know this treat. I'm sure they have realized this such treat since a long time ago.

We don't know this. But there must be some people who have lack of trust to Bitcoin. They can panic at any time. Even it is just a small FUD.