Tether CEO predicts quantum computing could recover lost BTC

The CEO of Tether, Paolo Ardoino, says that IT advances Quantum could possibly return the lost bitcoin against traffic, including the assets of Satoshi Nakamoto if the creator has died.

Ardoino has also said that quantum IT currently does not represent any immediate threat to Bitcoin cryptography.

In a recent tweet, Ardoino has shared a potential future where quantum -resistant addresses would be implemented in the Bitcoin protocol before serious security risks materialize. This upgrade would allow active carriers to transfer their bitcoin (BTC) to new addresses in quantum security.

However, bitcoin in inaccessible wallets, including those belonging to Satoshi Nakamoto, could become vulnerable to quantum computer breakthroughs.

Patrick Lowry, CEO of Samara Asset Group, Patrick Lowry replied To the prediction of Ardoine by suggesting an alternative: a quantum resistant fork that would leave lost portfolios and the operations of Satoshi behind. Lowry expressed his uncertainty about the implications of one or the other approach.

Despite these potential future scenarios, Ardoino has maintained the fundamental force of Bitcoin, stressing that its supply ceiling of 21 million would remain unchanged even with quantum computer advances. “Bitcoin is the best asset in the world,” he said.

The discussion occurs as the attachment (USDT) continues to extend its global financial infrastructure. During the Planb forum in El Salvador, Ardoino detailed Tether’s development a decade of what he described as “one of the widest digital and physical distribution networks in history”. The company serves approximately 400 million users on emerging markets via its Stablecoin USDT.

Ardoino highlighted the emphasis put by Tether on the creation of partnerships rather than the continuation of capital investments. He also cited hundreds of thousands of partners and a generalized deployment of kiosks in developing countries.

The company aims to provide financial services to billions currently excluded from traditional banking systems while supporting the American economy through cash purchases.