Quantum Computing to end Crypto sooner than you think
(trendsandtrackrecords.com)
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Yes. But those heavily invested in Bitcoin will be taking losses they could have avoided.
So would anyone with anything protected by a private key or password.
Yes, absolutely. -- And anyone with a bank account or a credit card or who wants a functioning market for, well, food or anything else. It'll be a mess for awhile. Everything is tied into the banks and other big organizations that use cryptography to enable at least some semblance of security. Strong quantum computing will make today's hacking dangers look like the Good Times.
Pretty sure that if a majority of all crypto where stolen over night, the majority would switch to a fork named <coin> (quantum secure), which just like the name suggests is an upgraded version of the coin, with a quantum secure algorithm, conveniently forked just before the hack.
Then the quantum hackers can sit there with their worthless crypto which is no longer secure, and therefore worthless. Exchanges and banks are the big losers.
Well, OK.