🚨 ADAM BACK SLAMS VENTURE CAPITALISTS OVER “QUANTUM RISK” NOISE
Adam Back, CEO of Blockstream and one of Bitcoin’s earliest contributors, has criticized venture capital firms for amplifying what he describes as exaggerated fears around quantum computing risks to Bitcoin and cryptography. $ASTER
Back argues that much of the discussion coming from VC circles is driven more by hype and narrative-building than by near-term technical reality. $NEAR He emphasized that practical quantum threats remain distant, while existing cryptographic systems—including Bitcoin—have ample time to adapt through upgrades and quantum-resistant solutions.$GPS
According to Back, overstating quantum risk can mislead investors, distract from real development priorities, and create unnecessary fear in the market. His comments highlight a growing divide between long-term protocol builders and speculative capital, especially as emerging technologies are increasingly used to shape market narratives rather than grounded risk assessments.
