#Quantum computers cannot crack Bitcoin.#

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Overview

The debate on whether quantum computers can crack Bitcoin is ongoing, but the industry generally believes there is no need for excessive worry. Ki Young Ju, founder and CEO of CryptoQuant, believes that even if quantum computers could crack Bitcoin, hackers might hide their attacks to avoid a crash in Bitcoin's value. Additionally, if Satoshi Nakamoto's wallet were stolen, the network could hard fork to a state before the attack. Ultimately, Bitcoin's value depends on people's consensus, which quantum computers cannot crack. As technology evolves, the industry will adapt to new challenges.

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Analysis

The threat of quantum computers to Bitcoin is not insurmountable. While quantum computers can theoretically crack Bitcoin's encryption algorithms, the reality is not so simple. First, the computing power of current quantum computers is not yet sufficient to crack Bitcoin's encryption algorithms. Even if quantum computer technology matures in the future, it will take a considerable amount of time to achieve cracking. Second, even if quantum computers can crack Bitcoin, hackers may choose to hide their attacks to avoid a crash in Bitcoin's value. Because Bitcoin's value relies on consensus, if a hacker attack causes a significant drop in Bitcoin's value, it will seriously damage Bitcoin's reputation and ultimately harm the hacker's own interests. Finally, even if Satoshi Nakamoto's wallet is stolen, the Bitcoin network can recover to its pre-attack state through a hard fork, ensuring the security and stability of the Bitcoin network. Therefore, there is no need to be overly concerned about the threat of quantum computers to Bitcoin. As technology develops, the Bitcoin industry will adapt to new challenges.

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Classic Views

Quantum computers cannot directly crack Bitcoin.

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Even if hacked, hackers may hide attacks to avoid Bitcoin's value collapse.

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Bitcoin's value relies on people's consensus, not technology.

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The industry will adapt to the threat of quantum computers as technology develops.

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