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Although still in its infancy, quantum computing may pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital.
When asked what trends Borderless Capital is following, Mehra told Cointelegraph at the Global Blockchain Congress Dubai 2025 that the company is “diving deep into quantum computing” and watching companies develop quantum resilience technology.
Mehra said that the development of quantum computers will take until the end of the decade. Still, he said, people tend to underestimate the rapid evolution of technology:
“Given recent advances in chip technology, computing, and the ability to perform calculations in a decentralized manner, [quantum computing] is definitely a problem. If there is no danger […] in the very near future.”
Quantum computing uses quantum principles physics process information at speeds far exceeding today’s machines. While this technology is still developing, it could eventually crack the encryption protects cryptocurrencies and other sensitive data, pushes developers to create new, post-quantum security standards.
Charles Edwards, founder of quantitative bitcoin and digital asset fund Carpriole, said the situation is much more urgent and says the industry needs to apply solutions as soon as possible before it’s too late.
On October 15th, he wrote on X: “If Bitcoin doesn’t solve Quantum in the next year, gold will beat it forever.”
“This is an urgent situation and we must choose a solution next year,” he wrote.
Related: Google announces quantum advantage, 13,000 times faster than supercomputers
Preparing for the quantum threat
Mehra and Edwards are not the only ones interested in quantum computing.
In July, SUI Research exposed a new cryptographic framework designed to protect blockchains from quantum computing threats – without the need for hard forks, new addresses or key resets.
But while the new solution works for SUI, Near, Solana, Cosmos and other blockchain networks, it doesn’t solve the problem for Bitcoin or Ethereum.
Meanwhile, the U.S. Govt is considering investing in quantum computers protect national security interests.
October report from Bloomberg he said the US Department of Commerce may allocate funds to emerging technology to remain competitive with China.
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