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Grayscale: Quantum Computing Won't Shake Crypto Markets Through 2026

MarketDash Editorial Team
10 hours ago
Digital asset management firm Grayscale expects quantum computing to remain a distant threat rather than an immediate risk to cryptocurrency valuations, with experts projecting that sufficiently powerful quantum computers won't emerge until after 2030.

Don't Panic About Quantum Computers Just Yet

If you've been losing sleep over quantum computers destroying Bitcoin (BTC), Grayscale has some reassuring news. The digital asset management firm released its "2026 Digital Asset Outlook" report Monday, essentially telling the crypto world to calm down about quantum computing threats for at least a few more years.

The report acknowledges that quantum computing does pose a long-term risk to blockchain cryptography. But as far as 2026 goes? Not likely to move the needle on crypto prices in any meaningful way.

"Bitcoin and most other blockchains — and virtually everything else in the economy that uses cryptography — will eventually need to be updated for post-quantum tools," the report read.

Here's the timeline that matters: Grayscale points to expert projections showing that a quantum computer powerful enough to actually crack Bitcoin's cryptographic defenses is "unlikely to materialize" before 2030. That gives the crypto community several years to prepare and implement quantum-resistant solutions.

The firm expects research on quantum risk and community preparedness efforts will "likely accelerate" in 2026, which makes sense given the ticking clock.

The Real Quantum Threat Explained

So what exactly are we worried about here? The quantum computing concern centers on these machines potentially using Shor's algorithm to break the encryption protecting Bitcoin's oldest wallets. That includes Satoshi Nakamoto's legendary stash of 1.096 million BTC, currently worth $94.55 billion according to on-chain analytics firm Arkham.

English YouTuber Josh Otten has discussed this scenario, highlighting how a functional quantum computer could theoretically unlock these early Bitcoin fortunes.

Jameson Lopp, co-founder and chief security officer at self-custody platform Casa, offered some perspective in an October interview. He estimated a "greater than 50% chance" that it will take at least another decade before quantum computers become powerful enough to decode a Bitcoin public key and discover its corresponding private key.

But here's the wrinkle: Lopp noted that roughly 4 million BTC have already had their public addresses exposed. That's nearly 25% of Bitcoin's total supply potentially vulnerable to future quantum attacks, though only once the technology actually arrives.

Price Action: At the time of writing, Bitcoin was trading at $86,050.51, down 4.01% over the last 24 hours.

Back to News

Grayscale: Quantum Computing Won't Shake Crypto Markets Through 2026

MarketDash Editorial Team
10 hours ago
Digital asset management firm Grayscale expects quantum computing to remain a distant threat rather than an immediate risk to cryptocurrency valuations, with experts projecting that sufficiently powerful quantum computers won't emerge until after 2030.

Don't Panic About Quantum Computers Just Yet

If you've been losing sleep over quantum computers destroying Bitcoin (BTC), Grayscale has some reassuring news. The digital asset management firm released its "2026 Digital Asset Outlook" report Monday, essentially telling the crypto world to calm down about quantum computing threats for at least a few more years.

The report acknowledges that quantum computing does pose a long-term risk to blockchain cryptography. But as far as 2026 goes? Not likely to move the needle on crypto prices in any meaningful way.

"Bitcoin and most other blockchains — and virtually everything else in the economy that uses cryptography — will eventually need to be updated for post-quantum tools," the report read.

Here's the timeline that matters: Grayscale points to expert projections showing that a quantum computer powerful enough to actually crack Bitcoin's cryptographic defenses is "unlikely to materialize" before 2030. That gives the crypto community several years to prepare and implement quantum-resistant solutions.

The firm expects research on quantum risk and community preparedness efforts will "likely accelerate" in 2026, which makes sense given the ticking clock.

The Real Quantum Threat Explained

So what exactly are we worried about here? The quantum computing concern centers on these machines potentially using Shor's algorithm to break the encryption protecting Bitcoin's oldest wallets. That includes Satoshi Nakamoto's legendary stash of 1.096 million BTC, currently worth $94.55 billion according to on-chain analytics firm Arkham.

English YouTuber Josh Otten has discussed this scenario, highlighting how a functional quantum computer could theoretically unlock these early Bitcoin fortunes.

Jameson Lopp, co-founder and chief security officer at self-custody platform Casa, offered some perspective in an October interview. He estimated a "greater than 50% chance" that it will take at least another decade before quantum computers become powerful enough to decode a Bitcoin public key and discover its corresponding private key.

But here's the wrinkle: Lopp noted that roughly 4 million BTC have already had their public addresses exposed. That's nearly 25% of Bitcoin's total supply potentially vulnerable to future quantum attacks, though only once the technology actually arrives.

Price Action: At the time of writing, Bitcoin was trading at $86,050.51, down 4.01% over the last 24 hours.