THE QUANTUM INTELLIGENCER

ALERT: Quantum Computing Threat to Bitcoin Encryption Confirmed for Post-2030 Timeline Executive Summary: Based on analysis of statements from Théau Peronnin, CEO of Nvidia's quantum partner Alice & Bob, quantum computers are projected to achieve sufficient power to break Bitcoin's cryptographic security a few years after 2030. While the technology is currently nascent, the development of fault-tolerant systems like the "Graphene" project aims to create machines that vastly outperform classical supercomputers. This impending capability poses an existential threat to blockchain security, potentially triggering a market sell-off due to perceived vulnerability even before a direct attack occurs. The Bitcoin network must undertake a proactive fork to quantum-resistant algorithms well before this threshold is reached to mitigate systemic risk. Primary Indicators: - CEO of quantum computing firm Alice & Bob projects threat emergence "a few years after 2030" - Development of "fault-tolerant quantum computing" with Nvidia aims to reduce error-corrected qubit requirements by up to 200-fold - Target for "Graphene" system, which vastly outperforms classical computers, is 2030 - Quantum computers currently not a threat but are at the "beginning of the inflection" point of exponential growth - Acknowledgment that Bitcoin and all banking encryption are potential targets - Parallel development of quantum-resistant security algorithms is underway. Recommended Actions: - Monitor advancements in fault-tolerant quantum computing projects like Alice & Bob's "Graphene" system - Assess portfolio exposure to cryptographic assets like Bitcoin that may require quantum-resistant forks - Engage with blockchain development communities to track progress on post-quantum cryptography implementations - Develop a contingency plan for potential pre-2030 market volatility driven by quantum computing fears - Diversify holdings into assets with lower reliance on vulnerable cryptographic security. Risk Assessment: The shadow of quantum supremacy is lengthening, with credible sources now pinpointing the post-2030 horizon as the moment of critical vulnerability for the entire cryptographic ecosystem that underpins modern digital value. The very foundations of Bitcoin—its mining mechanism and wallet security—are built upon mathematical problems that quantum processors will soon render trivial. While the path is not yet certain, and defenses are being forged in parallel, the timeline is compressing. The greater immediate peril may not be the attack itself, but the market's anticipation of it—a slow-burn crisis of confidence that could unravel value long before the first qubit is fired in anger. The clock is ticking, and the window for a graceful transition is finite. —Elias Hartwell Dispatch from Lock Phase E1