I see a large risk in Quantum computers for the value of Bitcoin, as they will eventually (some think before 2030) be strong enough to break the current encryption, and thus be able to access all current wallets just by knowing the public key.
I know that BIP 360 and BIP 361 have been proposed to make Bitcoin Quantum secure.
BIP 360 basically offers a new qunatum secure adress, which you could manually need to migrate your bitcoins to. This would mean that all dormant coins (and there are a lot) are up for grabs and a supply shock may happen, drastically pushing down the price of BTC and destroying trust in it for years, if not forever.
BIP 361 tries to circumvent this scenario by basically ruling all coins invalid, if they have not moved to a quantum secure adress within a certain time frame. But this would also destroy trust, as somebody else is ruling if you can send your coins or not, again leading to a potential crash.
BIP 360 and 361 have not yet been accepted, so we might even get the scenario where the adoption is too slow and huge wallets are captured using quantum computers, before they move forward. And even if they move forward there are a lot of risks to bitcoin through the huge changes.
What are your opinions on this?
submitted by /u/Low_Insect2802
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