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Analyst Hints at Shadow Quantum Race Between China and US

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bitcoin.com
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2 months ago
AI summarizes in 5 seconds.

The race for quantum superiority has become one of the new war domains in the current geopolitical and economic context.

Charles Edwards, founder of Capriole Investments and a macro strategist, suggested that China and the U.S. are now engaged in a race for quantum supremacy, with an outcome of great significance for the world.

Edwards states that Congress has been recommended to establish a Quantum-First strategy to reach quantum superiority by 2030, with a “wall of money” flowing into the industry in this regard.

In this regard, he points out that China’s quantum capabilities are likely being concealed and that, in some cases, these might be even more advanced than what American companies have to offer.

Analyst Hints at Shadow Quantum Race Between China and US

The latest report to Congress from the U.S.-China Economic and Security Review Commission points out that whoever leads in quantum “will control the encryption of the digital economy; enable breakthroughs in materials, energy, and medicine; and gain asymmetric and likely persistent advantage in intelligence and targeting.”

“It is imperative that the United States treat quantum not as a research silo but as a mission-critical national capability—and act accordingly,” the report concluded.

Edwards has highlighted the dangers of quantum computing for Bitcoin, warning that a quantum computer could “break” it in just 2-9 years if the community doesn’t move to upgrade to become quantum-resistant as soon as possible.

Similar predictions clock bitcoin’s downfall to quantum computing as soon as 2035, taking the U.S. efforts as a benchmark, completely ignoring China’s attempts.

Read more: Quantum Event Horizon Ahead: Analyst Claims That Bitcoin Could Be Broken in 9 Years

  • What has Charles Edwards stated about the geopolitical race for quantum supremacy?
    Edwards emphasizes that the U.S. and China are in a race for quantum superiority, which will have significant global implications.
  • What strategy has been recommended to Congress for achieving quantum superiority?
    Congress is advised to establish a Quantum-First strategy aiming for quantum superiority by 2030, supported by substantial funding.
  • What concerns did the U.S.-China Economic and Security Review Commission raise?
    The Commission warned that leading in quantum technology will allow control over digital economy encryption and breakthroughs in various fields, providing a strategic advantage.
  • How does quantum computing pose a risk to Bitcoin, according to Edwards?
    Edwards warns that without timely upgrades to become quantum-resistant, a quantum computer could compromise Bitcoin within 2-9 years, threatening its future viability.

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