Crypto Quantum Scare Is Real Says Top Trading Firm, But Here's Where The Real Risk Is

QCP Group released an article today weighining in the quantum risk for crypto, following the Google whitepaper from March 30 showing Bitcoin‑style elliptic‑curve cryptography can be broken with far fewer quantum resources than previously assumed. Related Reading: Google Says End For Bitcoin Is Near? Quantum Computers Could Attack Crypto This Soon A Bigger Threat Beyond Crypto The crypto-quantum panic continues raging on, with multiple important voices from crypto and technology, such as former Binance CEO Changpeng Zhao (CZ), responding to the report in different ways. QCP’s article, written by Rachel Lee, establishes the firm’s opinion in a simple sentence: the quantum threat is more of a persistent structural challenge than a short‑term market threat. At QCP, we view this as a long-term structural issue, not an immediate market risk. The distinction matters. What Lee means is the target of the threat is not crypto in isolation: it’s the entire public‑key infrastructure stack that als