VanEck executive says Bitcoin community recognizes quantum computing risk

Matthew Sigel, head of digital assets research at asset manager VanEck, said quantum computing could pose a threat to Bitcoin, but the Bitcoin community recognizes the seriousness of the issue. In an interview with CNBC, Sigel added that progress on a solution could be slow because of the decentralized nature of cryptocurrency networks, while the community continues related research. Sigel said bigger advances could emerge within the next few years.