Bitcoin Developer Speaks Out: “The Reason for the Declines Isn’t Quantum! Look at Ethereum!”

Quantum risk in Bitcoin has recently resurfaced, with claims that quantum concerns are behind the recent declines.

However, a Bitcoin Core developer disagreed, saying that quantum computing fears were not behind the recent BTC drop.

Speaking on popular journalist Laura Shin’s Unchained podcast, Bitcoin Core developer Matt Corallo said the recent drop in Bitcoin was not a result of quantum computing.

He also added that he did not agree with the assessment that quantum risk was the cause for the current price drop.

He also claimed that if the real reason for this threat was to be from quantum computing, Ethereum would have seen an extreme rise in its resistance against Bitcoin.

“If this were true, Ethereum should have significantly increased in value relative to Bitcoin.”

Some Bitcoin users claim that blockchain developers are not moving fast enough to make the network’resilient against quantum effects’, but “the Ethereum Foundation says it is taking steps to prepare for being ready,” according to some Bitcoin supporters.

So far, the Ethereum Foundation recently announced its 2026 roadmap for it. The targets, it said, were “faster transactions, smarter wallets, better cross-chain interoperability and quantum-resilient security.”

Despite acknowledging that quantum computing could be a long-term risk, Corallo responded to these ideas by saying “market participants were overestimating quantum risk when looking for the cause of short-run declines.”

*This is not investment advice.

Thanks for reading Bitcoin Developer Speaks Out: “The Reason for the Declines Isn’t Quantum! Look at Ethereum!”