Quantum Computing Still Years from Threatening Bitcoin, Says VC Amit Mehra – Crypto News

Although still in its “infancy,” quantum computing could 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 was following, Mehra, speaking to Cointelegraph at Global Blockchain Congress Dubai 2025, said the company was  “diving deep into quantum compute” and looking at how companies are developing quantum resistance technology. 

Mehra said quantum computing will take until the end of the decade to develop. Still, he said, people tend to underestimate the rapid evolution of technology:

“Given the recent advancements which have happened in chip technology, in compute tech, and in the power of doing compute in a decentralized way, it [quantum computing] is definitely a problem. If not imminent […] in the very near future.”

Quantum computing harnesses the principles of quantum physics to process information at speeds far beyond today’s machines. While the technology is still emerging, it could eventually break the encryption protecting cryptocurrencies and other sensitive data, pushing developers to create new, post-quantum security standards.

Charles Edwards, founder of quantitative Bitcoin and digital asset fund Carpriole, said the situation is far more urgent and argues that the industry must employ solutions as soon as possible before it is too late. 

On Oct. 15, he posted on X, “If Bitcoin doesn’t solve Quantum in the next year, Gold will keep outperforming it forever.”

“It is an emergency and we need to 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 aren’t the only ones concerned about quantum computing. 

In July, SUI Research unveiled a new cryptographic framework designed to safeguard 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 does not solve the problem for Bitcoin or Ethereum.

Meanwhile, the US government is reportedly considering investing in quantum computing to protect national security interests.

An October report from Bloomberg said that the US Department of Commerce may allocate funds to the nascent tech to stay competitive with China.

Magazine: Bitcoin white paper turns 17 as first red October in 7 years looms for BTC