Quantum Computing Is Racing Toward Blockchain — And Most of Crypto Isn’t Ready
Staff Writer • 2025-04-27
On the Stonks Go Moon Podcast, Ian Smith of Quantum EVM warns that the industry’s biggest threat isn't regulation — it’s physics. For years, blockchain advocates assured the world that cryptocurrencies like Bitcoin and Ethereum were practically invincible — shielded by powerful cryptography and decentralized networks. But according to Ian Smith, CEO of Quantum EVM, that sense of security may be an illusion. Appearing on the Stonks Go Moon Podcast, hosted by Rocco Strydom, Smith delivered a stark warning: the rise of quantum computing could crack blockchain wide open, and much sooner than most people think. Quantum Computing Is No Longer a Future Problem Quantum computing has long sounded like a buzzword — something better suited to science fiction than real-world finance. But today, global research labs, tech giants, and even governments are making rapid progress. Smith explained that with enough power, quantum machines could break the mathematical codes that secure digital assets, private wallets, and smart contracts. On the podcast, Smith shared that what once seemed decades away is now only a few years out. Industrial-scale quantum computers could begin reaching critical mass by 2027 or 2028, putting billions of dollars worth of blockchain assets at risk almost overnight. While traditional industries like banking, cloud services, and messaging apps have already begun quietly upgrading to defenses against quantum threats, the crypto world — ironically built on cutting-edge ideas — is largely standing still. Blockchain's Biggest Flaw Is Its Own Community Even if the technology to defend against quantum attacks already exists, the blockchain world faces a bigger hurdle: coordination. Smith pointed out that upgrading decentralized networks isn't like updating an app on your phone. It requires miners, developers, wallet providers, and everyday users around the globe to agree on massive changes — quickly and cleanly. In an industry famous for its internal divisions and long-winded debates, that's a tall order. "Getting everyone to move at once is almost impossible," Smith said during the Stonks Go Moon Podcast. And without widespread cooperation, blockchain’s defenses may crumble before meaningful upgrades can ever be implemented. If Blockchain Cracks, The Fallout Could Be Massive Smith also emphasized that blockchain’s vulnerabilities aren’t just theoretical. If quantum computers gain enough power, they could unlock private wallets, drain digital treasuries, or even rewrite transaction histories. The consequences wouldn’t just be financial. Trust in decentralized systems — the very thing blockchain was built on — could evaporate overnight. And while some institutions might be able to weather the storm, many smaller projects, exchanges, and individual investors would have little chance of surviving the collapse. There’s no consensus yet on who might move first to exploit these weaknesses. But one thing is clear: whoever wins the quantum race stands to gain access to an unimaginable amount of digital wealth. Quantum EVM Is Building for the Post-Quantum Future While much of the industry remains in denial, Smith’s company, Quantum EVM, is preparing for a different reality. Rather than trying to patch up vulnerable systems at the last minute, Quantum EVM is building blockchain infrastructure from the ground up — with new cryptographic foundations designed to survive the quantum era. Their goal is to offer a safe place for decentralized finance, gaming, and digital identity to continue thriving when the next wave of technology hits. Smith compared the effort to building a “Noah’s Ark” for Web3 — a vessel to carry the best ideas of the current blockchain era into a future that looks very different from today. The Clock Is Ticking — And Most Are Still Sleeping The message from Ian Smith on the Stonks Go Moon Podcast was clear: the greatest threat to crypto isn’t another regulatory crackdown or a new competitor. It’s physics itself — and it’s coming fast. Most industries are already adapting. Blockchain, despite its revolutionary spirit, remains dangerously exposed. And unless serious changes happen soon, the technology that once promised to decentralize the world could find itself broken by forces it failed to prepare for. As Smith put it: "The flood is coming. You can either build an ark now — or hope you can swim when it hits." Either way, time is running out.
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