Adam Back: Bitcoin's quantum threat is distant

Blockstream CEO Adam Back stated that while quantum computers do not currently pose a practical threat to Bitcoin, the industry must begin preparing for potential future risks. He advocates for a decade-long migration period for users to transition their Bitcoin keys to quantum-resistant formats. Back highlighted ongoing research and development in post-quantum cryptography, citing Blockstream's Liquid network as an early testing ground. The focus is on coordinating a gradual, orderly transition rather than reacting to an immediate crisis, ensuring long-term network security.