Bitcoin News Today: Grok AI Cuts Quantum Computing Risk to Bitcoin at 0% in 5 Years

Elon Musk’s AI model, Grok, has downplayed immediate concerns over quantum computing posing a threat to Bitcoin’s security, asserting that the risk remains speculative and distant. In a recent conversation prompted by Musk’s inquiry into IBM’s quantum progress, the AI estimated the probability of quantum computers breaking Bitcoin’s SHA-256 algorithm within five years as "essentially zero." Even by 2035, Grok calculated the risk would remain in single digits unless a major technological breakthrough occurs [1].

The primary obstacle lies in the scale required to break Bitcoin’s encryption. Such an attack would necessitate millions of fully error-corrected qubits—far beyond the capabilities of current quantum systems. While IBM and Google have made early strides in error correction, the development of quantum machines with sufficient power to pose a real threat remains decades away. IBM’s roadmap, for instance, projects its most advanced quantum machine, the “Quantum Blue Jay,” to feature only 2,000 logical qubits by 2033, still far from the level needed to compromise Bitcoin [1].

In response to the potential long-term threat, Bitcoin developers are actively exploring quantum-resistant algorithms. Several Bitcoin Improvement Proposals (BIPs) outline possible migration strategies should a credible quantum threat materialize. Similarly, Ethereum’s core developers have drafted a 10-year plan to enhance the network’s resilience against quantum attacks while improving speed and scalability [1].

The discussion over quantum computing comes as the crypto market remains in a state of recovery following a recent downturn. Bitcoin dipped below $112,000 earlier this week but has since rebounded to around $114,000, while Ethereum is holding just above $3,500. Despite the volatility, large investors, or “whales,” continue to accumulate Bitcoin using strategies such as TWAP (Time-Weighted Average Price) to limit market impact [1].

While some crypto experts have raised alarms about quantum computing risks, Grok’s analysis suggests a more measured approach. The AI emphasizes that current quantum computing capabilities are far from a practical threat to Bitcoin. This perspective aligns with the broader technical community, which generally believes that transitioning to a quantum-resistant algorithm would be feasible well before such a threat becomes real [1].

The growing role of AI in crypto analysis is also becoming more prominent. Investors are increasingly relying on AI-driven insights to inform their decisions, although such predictions should not be treated as definitive financial advice. The integration of AI into financial forecasting is providing more nuanced perspectives but still requires human due diligence and professional consultation [1].

As the intersection of AI, quantum computing, and blockchain continues to evolve, the discourse around Bitcoin’s long-term security will likely remain a key topic for both investors and technologists. For now, Grok’s assessment offers a data-driven perspective aligned with current market conditions, reinforcing the idea that while the race between quantum computing and blockchain is ongoing, Bitcoin’s cryptographic foundation remains secure for the foreseeable future [1].

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[1] https://coinmarketcap.com/community/articles/688fc0e0c2ab4f6a22e6a784/