VanEck’s Matt Sigel Warns Quantum Threat Poses Unique Risk to Bitcoin
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VanEck’s Matt Sigel Warns Quantum Threat Poses Unique Risk to Bitcoin
According to Matt Sigel, Head of Digital Assets Research at VanEck, the real risk isn’t the cryptographic vulnerability itself—it’s the time it would take Bitcoin’s decentralized ecosystem to adapt. In a post shared on June 2, Sigel emphasized that Bitcoin, like banks, tech firms, and other blockchains, depends on cryptographic systems that could be broken by quantum computers. However, those institutions often benefit from centralized control, …
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