Adam Back slams Bitcoiner VC over quantum risk claims

Blockstream CEO Adam Back has ripped into Bitcoiner VC over his claims regarding quantum risks. Back took to blogging platform X on Friday, criticizing Castle Island Venture founding partner Nic Carter for amplifying concerns about quantum computing threats to leading digital asset Bitcoin. “You make uninformed noise and try to move the market or something. You’re not helping,” Back said in an X post on Friday. The Blockstream CEO made the post after Carter made a post on X explaining why Castle Island Ventures invested in Project Eleven, a startup focused on protecting Bitcoin and other digital assets from the threats of quantum computing. Over the past few months, there have been calls from within the crypto industry over the likelihood of quantum computing disrupting cryptography, rendering many encryption methods that we have today vulnerable. Blockstream CEO criticizes Carter over quantum risks narratives In his post , the Blockstream CEO...

https://www.cryptopolitan.com/blockstream-ceo-rips-vc-quantum-narratives/