Quantum Apocalypse for Bitcoin? Chamath Palihapitiya Weighs In

Quantum computing looms over crypto like a sword of Damocles—will it slice through Bitcoin’s defenses? Chamath Palihapitiya, the billionaire investor who flip-flops on crypto faster than a DeFi yield farm, drops his verdict.

Here’s the brutal truth: Quantum tech could crack Bitcoin’s encryption... but not yet. The hardware isn’t there, and the crypto community’s already playing defense with quantum-resistant algorithms. Meanwhile, Wall Street’s still trying to figure out how to short a blockchain.

So relax, HODLers. Your Satoshis are safe—for now. Just don’t ask Chamath what he’ll say next week.

Can Bitcoin Break?

A recent study done by Google has brought forth a compelling analysis about quantum tech and how it can revolutionize the modern way of completing day-to-day tasks. Moreover, this analysis also presented striking details, claiming how quantum computers are capable of breaking Bitcoin’s encryption “at a very fast pace,” which could essentially end up endangering Bitcoin’s long-term vision of becoming a leading asset class.

Leading finance expert Mario Nawfal took to X to share how quantum computers are capable of performing tasks at an incredible speed, including breaking the encryption of complex technologies within minutes.

GOOGLE WARNS: QUANTUM COMPUTERS COULD CRACK bitcoin MUCH FASTER THAN EXPECTED

Google’s latest quantum computing research just blew a hole in old encryption timelines.

It now estimates that a quantum machine with fewer than one million noisy qubits could break 2048-bit RSA… https://t.co/ir2cwiL9qQ pic.twitter.com/yReupWc9Nf

Nawfal’s statement on quantum tech has now gone viral, captivating the attention of seasoned investor and entrepreneur Chamath Palihapitiya. Palihapithiya took to X to share Nawfal’s story, highlighting the grave danger of the tech if it ends up exploring Bitcoin. In a change of events, Palihapitiya shared a rational approach, suggesting how hard assets like Gold can emerge as the ultimate saviors if a situation like this ever befalls the domain.

If this is even remotely true, combined with everything else happening rn, the only SAFE trade are hard assets and, dare I say, gold.

Sheesh. https://t.co/xXep4kpblI

Gold Eyes: A New $3700 Milestone

Per Goldman Sachs, the rising popularity of the yellow metal is influencing investor sentiment heavily. The rapidly changing geopolitical narratives, coupled with constant USD devaluation due to Trump’s policies, have helped gold tremendously, helping the asset rise high on the radar.

According to GS, gold is already eyeing new price highs and may trade at $3700 by the end of 2025.