String Theory Physicist Says Quantum Computers Could Crack All Bitcoin Encryption

What was said

"With this, you'd be able to crack any code. If a thief has your digital code, there goes your life savings out the window. Capitalism would vanish. Society would come to a halt. Even the CIA is worried about the fact that these could become so powerful that they allow you to break into any known computer."

Dr. Kaku warned that quantum computers, which compute on atoms rather than transistors, will eventually possess the power to break all existing digital encryption, including Bitcoin. He noted that the CIA is closely monitoring quantum computing development because it poses an existential threat to digital security, banking systems, and potentially capitalism itself once the technology matures.