Are quantum-proof Bitcoin wallets insurance or a fear tax?
Post-quantum Bitcoin wallets are already on sale, leaving investors to decide whether they’re buying insurance or paying up fear tax.
Cryptocurrency wallet makers and security companies are pushing out post-quantum products even though large-scale quantum computers capable of breaking Bitcoin do not exist yet.
The US National Institute of Standards and Technology (NIST) finalized its first post-quantum cryptography standards in 2024 and called for migrations before 2030.
As standards bodies plan for a gradual cryptographic transition, parts of the wallet market are already monetizing that future.