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via Decrypt · By Decrypt Editorial

US Government Makes $2 Billion Bet on Quantum Computing as Threat to Bitcoin Grows

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Decrypt Editorial
(05:24 PM UTC)
1 min read
DK
Approved byDavid Kim

In brief

  • The U.S. Department of Commerce will invest more than $2 billion in quantum computing startups and foundries.
  • Researchers increasingly warn that “Q-Day,” when quantum computers can break current encryption, could arrive as early as 2030.
  • Bitcoin, Ethereum, banks, and internet infrastructure all rely on cryptography that future quantum systems may eventually compromise.

The U.S.…

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