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The United States is said to be in “early talks” with quantum computing companies to provide financial assistance to the sector, citing national security interests.
Commerce Department officials are examining investments in the quantum computer technology using funds intended for CHIPS Act remain competitive with China, Bloomberg reported on Thursday.
Officials have indicated that the government wants something in return for the funding, which could include stakes in the companies, the sources said.
The US government offered a similar deal to chip maker Intel in August 2025, when it took a 10% stake in the company, CNBC reported. However, some analysts criticize such deals.
President Donald Trump’s protectionist trade policies and private sector investment are tipping the US toward a “centrally planned economy,” economist and investor Peter Schiff he said on X, adding that the free market should dictate how resources are allocated.
Quantum computers could break modern encryption standards which underpin cryptocurrencies and support data protection in banking, medical and military applications, forcing the crypto industry to the search for post-quantum cryptographic solutions.
Related: Google announces quantum advantage, 13,000 times faster than supercomputers
Quantum supremacy poses an existential threat to cryptocurrencies, but experts debate the timeline
Experts continue to debate when “Q-day” will occur, the point at which a sufficiently powerful quantum computer breaks modern encryption standards, with some suggesting that quantum computers could become threat within five to ten years.
However, some say that the threat to cryptocurrencies from quantum computers has already appeared through “harvest now, decrypt later” techniques.
This means that a threat actor could now compile the public keys and store the data until a powerful enough quantum computer is developed, and then derive the private key from the public key.
David Carvalho, CEO of post-quantum and decentralized cybersecurity infrastructure company Naoris Protocol, told Cointelegraph that the average person “wouldn’t even know” if a powerful quantum computer is operational.
“When you think you see a quantum computer out there, it’s been under control for months,” he said.
Magazine: Bitcoin vs. The Quantum Computer Threat: Timeline and Solutions (2025–2035)
