# Quantum Risk And Bitcoin: Preparing For A Post-Quantum World Page: https://stenobird.com/podcast/fyi-for-your-innovation-857719/quantum-risk-and-bitcoin-preparing-for-a-post-quantum-world Text version: https://stenobird.com/podcast/fyi-for-your-innovation-857719/quantum-risk-and-bitcoin-preparing-for-a-post-quantum-world.md Podcast: [FYI - For Your Innovation](https://stenobird.com/podcast/fyi-for-your-innovation-857719) Published: 2026-05-21T09:00:00+00:00 Episode link: https://podcast.show/fyi_podcast/episode/153896433/ Audio file: https://media.blubrry.com/fyi_podcast/content.blubrry.com/fyi_podcast/FYI274.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/fyi-for-your-innovation-857719/episodes/quantum-risk-and-bitcoin-preparing-for-a-post-quantum-world Duration seconds: 3337 ## Resource In this episode of FYI, Brett Winton is joined by David Puell, Nic Carter, and Alex Pruden to examine the potential risks quantum computing poses to Bitcoin. The group explores how advances in quantum technology could compromise cryptographic security, what a “broken” Bitcoin system might look like in practice, and the technical pathways for mitigation. They also debate upgrade strategies, trade-offs in post-quantum cryptography, and the controversial question of how to handle vulnerable coins, including those attributed to Satoshi. Key Points From This Episode: 00:00:00 Introduction to the discussion on Bitcoin and quantum computing risk with expert guests. 00:02:37 Explanation of how Bitcoin’s digital signatures work and how quantum computers could forge them. 00:03:44 Public key exposure during transactions creates vulnerability to quantum attacks. 00:05:40 Examples of exposed keys across Lightning Network, bridges, and exchange infrastructure. 00:06:49 Breakdown of two attack vectors: dormant addresses vs. real-time mempool attacks. 00:08:17 The “point of no return” where fast quantum attacks prevent on-chain migration to safety. 00:12:13 Overview of different quantum hardware approaches and their trade-offs. 00:18:49 Skepticism around hype cycles and commercialization challenges in quantum computing. 00:20:35 Argument for preparing early rather than assuming slow technological progress. 00:29:40 Trade-offs in post-quantum cryptography, including performance and security assumptions. 00:34:00 Debate over whether to wait for better cryptographic solutions or act immediately. 00:40:09 Introduction of the issue of vulnerable dormant coins, including Satoshi’s holdings. 00:50:41 Evidence of division within the Bitcoin community on handling vulnerable coins. 00:51:50 Pr… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/fyi-for-your-innovation-857719/episodes/quantum-risk-and-bitcoin-preparing-for-a-post-quantum-world/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/fyi-for-your-innovation-857719/quantum-risk-and-bitcoin-preparing-for-a-post-quantum-world.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.