- Nothing is ever completely safe as Bitcoin faces future quantum computing risks
- ETF expert warns that Bitcoin security depends on evolving cryptographic technology
- Crypto leaders remain divided as quantum computing debate gains momentum
Bitcoin moved back into active discussion after renewed debate around quantum computing risks spread across the crypto market. The conversation gained momentum after comments from ETFStore president Nate Geraci surfaced on X.
According to Geraci, no technology created by humans can ever be completely failsafe. His remarks challenged claims suggesting Bitcoin will remain immune to all future threats. Instead, he described Bitcoin as advanced software that still operates within technological limits.
Moreover, Geraci revisited views he shared previously about Bitcoin’s design and security model. According to him, Bitcoin remains extremely secure today but cannot escape the realities of technological evolution. He stressed that strong defenses do not guarantee permanent safety.
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Geraci Calls for Realism Over Absolute Certainty
Additionally, Geraci explained that Bitcoin depends on cryptographic assumptions shaped by current computing capabilities. In his view, future advances in computing power could challenge those assumptions. Consequently, he warned against narratives presenting Bitcoin as untouchable.
Significantly, his comments focused on realism rather than fear. According to Geraci, acknowledging potential vulnerabilities encourages preparation and responsible planning. This stance contrasts with views that dismiss quantum threats entirely.
However, several industry leaders continue to push back against growing concerns. JAN3 CEO Samson Mow recently rejected predictions tied to future key theft. According to Mow, Bitcoin’s elliptic curve cryptography remains reliable and resilient.
Besides that, Mow argued that military and national security systems would face breaches before public blockchains. According to his view, anxiety around Bitcoin distracts from more immediate risks. His comments followed renewed attention on forecasts predicting quantum breakthroughs.
Furthermore, Google veteran Graham Cooke echoed similar confidence. From Cooke’s perspective, the mathematical foundations securing crypto wallets remain extremely strong. He emphasized that existing quantum machines cannot realistically compromise Bitcoin.
Crypto Developers Monitor Quantum Progress Closely
Meanwhile, the debate extends beyond Bitcoin alone. Cardano’s Midnight CTO Sebastian Guillmot also addressed the issue publicly. According to Guillmot, Midnight’s architecture would remain secure even as quantum technology advances.
Additionally, Geraci’s perspective highlights a broader industry mindset. From his perspective, technology advances through challenge rather than denial, while accepting uncertainty strengthens long-term security planning.
Consequently, blockchain developers continue researching quantum-resistant solutions. Many networks already explore post-quantum cryptography as a precaution. These efforts aim to stay ahead of theoretical risks.
Moreover, Bitcoin’s open-source structure allows upgrades if credible threats emerge. Developers can introduce new cryptographic standards through community consensus. This flexibility supports long-term confidence despite ongoing debate.
Besides innovation, decentralization remains a key strength. Bitcoin does not rely on a single authority for security decisions. That structure enables coordinated adaptation as technology evolves.
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