While quantum computing poses theoretical risks to Bitcoin's encryption, practical threats are not imminent. The Bitcoin network, along with the broader cryptographic community, has time to adapt to the quantum era by implementing post-quantum cryptographic solutions.
From chat gpt:
While quantum computing poses theoretical risks to Bitcoin's encryption, practical threats are not imminent. The Bitcoin network, along with the broader cryptographic community, has time to adapt to the quantum era by implementing post-quantum cryptographic solutions.