Is Bitcoin's Security Threatened by Quantum Computing? Many people are concerned about the potential impact of quantum computing on Bitcoin and other cryptocurrencies. Quantum computers have the potential to break the encryption that protects Bitcoin, which could allow attackers to steal funds or manipulate the blockchain. How Quantum Computers Work Classical computers use bits, which can be either 0 or 1. Quantum computers use qubits, which can be 0, 1, or both at the same time. This gives quantum computers a significant advantage over classical computers in certain types of calculations. The Threat…