The post VanEck CEO Flags Quantum Threat to Bitcoin; Firms to Walk Away? appeared first on Coinpedia Fintech News

VanEck’s CEO has put new pressure on Bitcoin’s long-term security, saying the firm would reconsider its position if quantum risks weaken BTC’s core thesis. His comments instantly reignited discussions around Bitcoin’s encryption, transparency, and the growing interest in privacy-focused alternatives.

VanEck CEO Flags Bitcoin’s Encryption and Privacy Issues

In a CNBC interview, Jan van Eck said the Bitcoin community is now focused on two urgent questions: whether Bitcoin’s encryption can stand up to future quantum computers, and whether the network offers enough privacy for users who don’t want their activity exposed.

“We will walk away from Bitcoin if we think the thesis is fundamentally broken,” he said.