Coinbase Analyst Warned Quantum Threat To Bitcoin Goes Beyond Wallet Hacks

Professional editorial portrait of a Bitcoin logo on a desk with blurred quantum circuit background.

David Duong, Coinbase’s Global Head of Investment Research, argued that quantum computing is a bigger risk to Bitcoin than “someone stealing a wallet.” He estimated that roughly 32.7% to 33.7% of supply—about 6.51 million BTC—sits in address types that are more exposed to quantum-style attacks, creating a network-wide integrity problem, not just isolated theft.