My Thoughts on Bitcoin’s Quantum Risk. I hold a very pessimistic outlook on Bitcoin. I think it’s one of the most overvalued assets on the entire market, and is entirely propped up by fraud and fake narratives. The threat of quantum computing is real and will eventually be the final nail in the coffin for BTC, but it is not a short-term risk. Bitcoin will collapse long before quantum computing becomes a practical threat. There are dozens of technical and fundamental reasons why Bitcoin will fail in the long run, including its lack of utility beyond speculative gambling and its failure as a payment method, inflation hedge, and store of value. Quantum computing ranks lower on the list of threats, which is why Bitcoiners like Saylor constantly mention it and pretend it can be solved before it becomes relevant. Quantum computing uses qubits instead of classical bits, allowing it to solve certain cryptographic problems exponentially faster. In theory, a sufficiently advanced quantum system could derive private keys from public keys using algorithms like Shor’s, meaning it could hypothetically crack users’ private keys instantly. Once that happens, all trust in the network vanishes. The network becomes worthless. Major players are racing toward this, including Google, IBM, Microsoft, China’s state-backed programs, and multiple defense-linked research labs. There is also speculation that governments already have far more advanced capabilities than disclosed. People point to certain bribery and corruption cases where authorities accessed private keys unusually fast, suggesting undisclosed cryptographic or surveillance tools. There is no proof, but the asymmetry of state capabilities is obvious. When quantum becomes a credible narrative threat, Bitcoiners will justify major changes to the BTC code under the banner of “quantum resistance.” Once they justify that, they will justify other changes too. Altering signature schemes, modifying consensus rules, adding new opcodes, or introducing policy-level controls that conveniently benefit miners, developers, and large holders. The immutable protocol narrative collapses the moment they admit it must be changed to survive. Bubbles rise and crash much faster than technological evolutions. The BTC bubble will be long done by the time quantum computing becomes practical, but when it does arrive, it will blow up the network and push it toward zero. There will be a point, very far in the future, when miners shut down, the network loses security, and it eventually dies from a hack. In short, quantum is not why Bitcoin fails. It is just the final excuse in a long chain of structural failures. The bubble will burst on economic and social reality long before physics catches up. But when quantum does arrive, it will expose Bitcoin’s core weakness in the most brutal way possible: its security was always contingent on assumptions that were never permanent. At that point, the protocol either mutates beyond recognition or dies. And either outcome proves it was never the immutable, trustless asset it claimed to be.(Jacob King)