Adam Back, CEO of Blockstream, met with Cointelegraph during Paris Blockchain Week to address the question the market keeps misunderstanding. It is true that the quantum threat to Bitcoin is real, but the timeline, responses, and risks do not at all match what the headlines indicate. As Back left Paris, he was also betting that the value of Bitcoin would reach between $500,000 and $1 million within 24 months, offering a precise note on exactly who hopes for his loss.

The question the market keeps asking is wrong
Adam Back has been researching quantum computing since the early years of the second millennium, when he took university courses in Montreal alongside a roster of the world’s leading researchers in this field. More than two decades of follow-up. Back does not conclude that quantum computing is a scam, nor that Bitcoin is safe forever, but arrives at a more precise and more useful conclusion than either of those views.