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Bitcoin’s SHA-256 Deemed Quantum-Resistant Until At Least 2035; Tesla, SpaceX Holdings Highlight Musk’s Confidence

New analysis by Grok AI concludes Bitcoin’s SHA-256 encryption algorithm presents a near-zero risk of being compromised by quantum computers within the next five years. The probability of a successful quantum attack by 2035 remains under 10%, reinforcing a significant security buffer for the world’s leading cryptocurrency.

This assessment comes despite IBM’s roadmap aiming for a 2,000-qubit quantum system by 2033. Current quantum computers, operating with approximately 1,000 noisy qubits, are considered entirely inadequate for breaking Bitcoin’s cryptographic defenses.

The robust security outlook coincides with the revelation of significant Bitcoin holdings by Elon Musk’s companies. Tesla maintains ownership of 11,509 Bitcoins, valued at an estimated $1.31 billion, while SpaceX holds Bitcoin assets worth approximately $850 million.

Further cementing his stance, Musk has publicly acknowledged his personal Bitcoin investments. This substantial financial commitment across his businesses underscores his confidence in cryptocurrency’s long-term viability and resilience.

Experts, alongside the Grok AI analysis, consistently affirm that Bitcoin’s core cryptography remains secure against the foreseeable evolution of quantum computing threats over the next decade.

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