Blockstream CEO Adam Back criticized Nic Carter of Castle Island Ventures for amplifying concerns about quantum computing threats to Bitcoin. Back stated the Bitcoin community is researching quietly, while Carter argued developers are in denial about the risk. Carter disclosed investing in Project Eleven due to quantum threats.
Carter raised concerns about quantum computing’s risk to Bitcoin, citing government preparation, Bitcoin as a bug bounty, and increased quantum firm investments. Charles Edwards warned of a potential threat in two to nine years without quantum-resistant upgrades. However, Kevin O’Leary believes attacking Bitcoin with quantum computing would be ineffective.
Read more at Cointelegraph: Adam Back Slams Bitcoiner VC Over ‘Uniformed’ Quantum Risk
