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🇺🇸BREAKING: Nic Carter says the US government will break Bitcoin using quantum technology. "We will build the first quantum computer and put (those Bitcoins) in a trust." "Anybody who onwed it before the salvage can claim it back." -Nic Carter at Galaxy Digital Brains
Nic Carter said at a Galaxy Digital Brains event that the U.S. government plans to break Bitcoin's cryptography with a quantum computer, place the recovered coins in a trust, and allow prior owners to reclaim them.
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What happened
Nic Carter said at a Galaxy Digital Brains event that the U.S. government plans to break Bitcoin’s cryptography with a quantum computer, place the recovered coins in a trust, and allow prior owners to reclaim them.
Confirmed
Global impact / market context
If a government could compromise Bitcoin’s cryptography, it would raise doubts about the network’s security, potentially reducing confidence, limiting adoption, and prompting regulatory scrutiny that could affect crypto investments.
Analyst inference
Bitcoin’s price and broader crypto valuations are highly sensitive to perceived security threats; any credible claim that a government could undermine its cryptography may trigger price volatility and shift investor risk appetite.
Analyst inference
What to watch
- Official statements from U.S. agencies or quantum‑computing programs that confirm or deny a plan to target Bitcoin, which would clarify regulatory risk. Analyst inference
- Developments in quantum‑computing hardware that could realistically threaten Bitcoin’s encryption, influencing the timeline of any potential attack. Analyst inference
- Bitcoin market reactions, such as price swings or changes in trading volume, that reflect investor sentiment toward the security claim. Analyst inference
Affected assets
- BTC — Bitcoin