Will Google’s Quantum Supremacy Break Bitcoin in 2020?

The topic of quantum computing has been steadily gaining interest within the cryptosphere, particularly so over the past 12 months. Given the heightened curiosity and concern, it is worth resolving some open questions around quantum supremacy for the crypto community, as there is a tremendous amount of misinformation circulating online.

Will our Bitcoin be stolen?

Many people harbor the fear that Sycamore, Google’s 54-qubit quantum processor, could outsmart the system and steal everyone’s Bitcoin. If there were to be no changes to the current implementation of the Bitcoin network, this would most likely become a reality within five to 10 years. So, while there is currently no need for users to worry, developers are well advised to commence preparations. 

What’s truly alarming is that “quantum deniers” refute the reality of the problem and insist that concern should be curbed. Sadly, the exact opposite is true. We must place a collective focus on solving the issue, as…