Bitcoin Can Be Stolen? The Real Threat of Quantum Computers that BTC Traders Should Know!

Updated

September 9, 2025

Gambar Bitcoin Can Be Stolen? The Real Threat of Quantum Computers that BTC Traders Should Know!

Jakarta, Pintu News – A former Wall Street trader, Josh Mandell, recently took social media platform X by storm with his claim that long-dormant Bitcoin is being stolen using quantum technology.

Mandell, who is well known for his previous highly accurate Bitcoin (BTC) price predictions, stated that this technology is being used secretly by big players to collect more Bitcoin (BTC) without going through the market. This claim has generated a lot of skepticism and ridicule in the Bitcoin (BTC) community.

Controversial Claims

Josh Mandell, who has a background as a trader at Salomon Brothers and Caxton Associates, suggests that block chain analysis is the only bottleneck capable of detecting this pattern of theft.

According to him, the quantum technology in question has managed to access Bitcoin (BTC) wallets that have been dormant for years. While this claim sounds electrifying, many members of the Bitcoin (BTC) community doubt its veracity and consider it a far-fetched theory.

Also Read: Analysis of Ripple (XRP) Transaction Surge, XRP Price Potential to Rise in September 2025?

Community Response

The theory revealed by Mandell has been heavily criticized and derided by the Bitcoin (BTC) community. Many argue that quantum technology is far from being able to crack Bitcoin (BTC) cryptography.

Although there have been significant advances in the development of quantum computing, such as Microsoft’s Majorana 1 chip and Google’s Willow, the technology is not yet mature enough to pose a real threat to Bitcoin (BTC) in the near future.

Future Threats

Although quantum technology is not currently capable of cracking Bitcoin (BTC) cryptography, some experts believe that within the next 20 years, this capability could be achieved. Jameson Lopp, a prominent cypherpunk, has proposed that Bitcoin (BTC) that is vulnerable to quantum attacks be destroyed to avoid future risks.

Lopp also predicts that large-scale theft of Bitcoin (BTC) using quantum technology may drastically reduce the price of the cryptocurrency.

Conclusion

While Josh Mandell’s claims of quantum technology theft of Bitcoin (BTC) have caused concern, the Bitcoin (BTC) community at large still doubts their veracity. However, the potential threat of quantum technology to Bitcoin (BTC) cryptography in the future cannot be completely ignored. It is important for Bitcoin (BTC) holders to remain vigilant and keep abreast of technological developments that could affect the security of their digital assets.

Also Read: 4 Reasons El Salvador Moved IDR11 Trillion in Bitcoin: Protection or Sell Signal?

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