Tim Draper|Jun 09, 2026 16:01
Benzinga asked me about quantum computing and Bitcoin.
The answer… Bitcoin is more secure than the dollars sitting in your bank account.
Quantum will crack the banks long before it touches the blockchain.
Everyone's panicking about quantum breaking Bitcoin's encryption while banks are running on legacy infrastructure that makes Bitcoin look like Fort Knox.
Even if something happened to the blockchain, the full node operators can roll back to the last secure block. The network survives.
The dollar and banks don't have that option.
At some point, Bitcoin eclipses the dollar entirely as retailers begin to accept bitcoin, and then they decide they only want to accept bitcoin.
Read the full Benzinga interview to see what else we covered.
https://www.benzinga.com/crypto/cryptocurrency/26/03/51121889/tim-draper-says-bitcoin-safer-than-dollars-because-quantum-will-hack-banks-before-it-can-touch-the-blockchain(Tim Draper)
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