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JUST IN: Is the quantum FUD for Bitcoin over? Here's what Adam Back said. The Blockstream co founder described current quantum computers as too basic to threaten BTC.
Back believes the Bitcoin ecosystem still has a decade to prepare before Qday.
Google and other companies foresee the arrival of the quantum threat by 2029.
Adam Back, cryptographer and co founder of Blockstream, dismissed the idea that a quantum threat to Bitcoin is imminent during an interview with Bloomberg yesterday.