{"id":70676,"date":"2026-04-05T09:17:00","date_gmt":"2026-04-05T09:17:00","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/vc-chamath-palihapitiya-warns-non-state-actors-will-leverage-quantum-computing-to-attack-bitcoins-honeypot-crypto-news-bitcoin-news\/"},"modified":"2026-04-05T09:17:00","modified_gmt":"2026-04-05T09:17:00","slug":"vc-chamath-palihapitiya-warns-non-state-actors-will-leverage-quantum-computing-to-attack-bitcoins-honeypot-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/vc-chamath-palihapitiya-warns-non-state-actors-will-leverage-quantum-computing-to-attack-bitcoins-honeypot-crypto-news-bitcoin-news\/","title":{"rendered":"VC Chamath Palihapitiya Warns Non-State Actors Will Leverage Quantum Computing to Attack Bitcoin&#8217;s &#8216;Honeypot&#8217; \u2013 Crypto News Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>\n<p data-path-to-node=\"1,0,0\">On the All-In podcast, Chamath Palihapitiya stated the quantum threat to <span>Bitcoin<\/span> had accelerated from 25 to 7 years.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"1,1,0\">Palihapitiya states <span>Bitcoin<\/span> will be the 1st honeypot hackers drain to send prices crashing to 0.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"1,2,0\">To survive, the <span>Bitcoin<\/span> network faces a 5 to 7-year deadline to migrate and redesign <span>nodes<\/span> and wallets.<\/p>\n<\/li>\n<\/ul>\n<h2>Chamath Palihapitiya Warns <span>Bitcoin<\/span> Would Be Targeted by Non-State Actors Leveraging Quantum Supremacy<\/h2>\n<p>The issue of quantum computing cracking <span>cryptocurrencies<\/span> became a mainstream subject, with experts and investors offering their opinions on the problem.<\/p>\n<p>On the All-In podcast, venture capitalist Chamath Palihapitiya declared that the expected appearance of a quantum chip capable of breaking <span>bitcoin<\/span> has accelerated from 25 years to 7 years at most.<\/p>\n<p>Taking this into account, Palihapitiya advised the leaders of the <span>Bitcoin<\/span> ecosystem to organize and move to shield <span>bitcoin<\/span> from this menace or risk becoming an obvious honeypot.<\/p>\n<p><\/p>\n<p>While he acknowledged that all encryption-based systems, including banking and financial institutions, would be at risk in the event of a quantum computer powerful enough to break encryption, he highlighted that <span>crypto<\/span> and <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> would be the first targets.<\/p>\n<p>He <a href=\"https:\/\/youtu.be\/N-pust8qtGI?si=epKRQBQ36KpTrE6j&amp;t=3856\" target=\"_blank\" rel=\"noopener noreferrer\">stressed<\/a>:<\/p>\n<blockquote>\n<p>\u201cA non-state actor\u2019s incentive will first be to drain the obvious honeypots and then tell everybody that it\u2019s broken, so that then everything goes to sh*t, all the prices go to zero, and then they have all the money, and then they can buy stuff.\u201d<\/p>\n<\/blockquote>\n<p>While recent reports are propping up the upcoming rise of these computers, reducing the processing power these would need to achieve quantum supremacy over encryption, the <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> community is still debating implementing measures to protect its encryption system from hypothetical quantum attacks.<\/p>\n<p>Palihapitiya acknowledged the complex migration that would follow these anti-quantum measures, including a wallet redesign that would affect transactional flows and processing <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-bitcoin-node\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">nodes<\/a>.<\/p>\n<p><strong>\u201cThese are complicated things that need to happen. And I would just tell the <span>crypto<\/span> community, you have 5 to seven years to get your sh*t in order,\u201d<\/strong> he concluded.<\/p>\n<p>But not all in the community share the same views, with some even discarding these warnings and believing that quantum computing is not a near-term threat for bitcoiners to worry about.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/vc-chamath-palihapitiya-warns-non-state-actors-will-leverage-quantum-computing-to-attack-bitcoins-honeypot\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: On the All-In podcast, Chamath Palihapitiya stated the quantum threat to Bitcoin had accelerated from 25 to 7 years. Palihapitiya states Bitcoin will be the 1st honeypot hackers drain to send prices crashing to 0. To survive, the Bitcoin network faces a 5 to 7-year deadline [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":70677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70676"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70676"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70677"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}