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Tom Lee Says Quantum Computing 'Probably Not Gonna Be a Problem' for Ethereum and Solana, but for Bitcoin...
Tom Lee, chair of BitMine Immersion Technologies, said on April 5 that Bitcoin is at higher risk from quantum computing than Ethereum or Solana.
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What happened
Tom Lee, chair of BitMine Immersion Technologies, said on April 5 that Bitcoin is at higher risk from quantum computing than Ethereum or Solana.
Confirmed
Global impact / market context
If quantum computers could break Bitcoin’s cryptography, the network’s security and user confidence could be shaken, potentially prompting costly upgrades or a shift to alternative assets.
Analyst inference
While Bitcoin may face greater quantum‑computing threats, Ethereum and Solana appear less vulnerable, which could influence investors to favor platforms perceived as safer until the technology matures.
Analyst inference
What to watch
- Development of quantum‑resistant cryptographic upgrades for Bitcoin and whether the community adopts them. Analyst inference
- Announcements from major quantum‑computing firms about progress toward breaking current blockchain encryption. Analyst inference
- Regulatory guidance on quantum‑related security risks that could affect crypto exchanges and custodians. Analyst inference
Affected assets
- SOL — Solana
- BTC — Bitcoin
- ZEC — Zcash
- MSTR — MSTR2100
- ETH — Ethereum