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Elon Musk: Quantum computing could help recover lost Bitcoin wallets

March 31, 2026, 3:15 PM
Tesla CEO Elon Musk commented on X that if quantum computers can break Bitcoin's security, as Google has projected, one positive outcome would be the ability to recover wallets with forgotten passwords. Musk's remark was a reply to a post by crypto venture investor Max Reiff. Reiff had sarcastically summarized a Google report published yesterday, which suggested that Bitcoin could be vulnerable to quantum computing attacks sooner than anticipated. Reiff quipped that Google's message was effectively that it had figured out how to crack Bitcoin but was slowing its research to give the crypto industry a chance to find a solution.

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