The Gug Letter

The Gug Letter

Is Quantum Computing a Threat to Crypto?

Let me write this to combat the zombie horde...

Joe Guglielmucci's avatar
Joe Guglielmucci
Aug 08, 2025
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Quantum computing does pose a genuine threat to current cryptographic systems underpinning cryptocurrencies like Bitcoin and Ethereum, but it's not an immediate one—more like a slowly approaching storm that the industry has time to prepare for. I'll break this down factually, based on the mechanics, current progress, timelines, and ongoing mitigations, …

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