#Quantum computers cannot crack Bitcoin.#

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Overview

The debate continues on whether quantum computers can crack Bitcoin. While some experts believe that the emergence of quantum computers will pose a threat to Bitcoin's security, others hold the opposite view. Ki Young Ju, founder and CEO of CryptoQuant, believes that there is no need to be overly concerned about quantum computers being used to hack Bitcoin, as the industry will adapt as technology evolves. Even if a hack occurs, hackers may choose to hide it to avoid a crash in Bitcoin's value. Additionally, if Satoshi Nakamoto's wallet is stolen, the network could hard fork to a state before the hack. Ultimately, Bitcoin's value relies on the consensus of its users, and quantum computers cannot crack this consensus.

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Analysis

The threat of quantum computers to Bitcoin is not insurmountable. While quantum computers could theoretically break Bitcoin's encryption algorithms, in practice, the industry will adapt as technology evolves. Even if hackers successfully attack Bitcoin using quantum computers, they may choose to hide their actions to avoid a crash in Bitcoin's value. Furthermore, if Satoshi Nakamoto's wallet is stolen, the network can be restored to a pre-hack state through a hard fork. Ultimately, Bitcoin's value depends on people's consensus, which quantum computers cannot break. Therefore, there is no need to be overly concerned about the threat of quantum computers to Bitcoin.

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Classic Views

Quantum computers cannot directly crack Bitcoin, because the value of Bitcoin depends on the consensus of people, not just cryptographic algorithms.

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Even if quantum computers could crack Bitcoin's encryption algorithms, hackers could hide their attacks to avoid a crash in Bitcoin's value.

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If Satoshi Nakamoto's wallet is stolen, the Bitcoin network can recover to the state before the hack through a hard fork.

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As technology continues to develop, the blockchain industry will adapt to the challenges posed by quantum computers.

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