US Government Makes $2 Billion Bet on Quantum Computing as Threat to Bitcoin Grows – Decrypt

May 21, 2026 - 18:30
US Government Makes $2 Billion Bet on Quantum Computing as Threat to Bitcoin Grows – Decrypt
In brief The U.S. Department of Commerce will invest more than $2 billion in quantum computing startups and foundries. Researchers increasingly warn that “Q-Day,” when quantum computers can break current encryption, could arrive as early as 2030. Bitcoin, Ethereum, banks, and internet infrastructure all rely on cryptography that future quantum systems may eventually compromise. The...

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