Tim Draper: Bitcoin is safer than bank deposits; the banking system may face quantum risks sooner.

Source: PANews2026/06/10 09:00

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PANews reported on June 10th that American venture capitalist and billionaire Tim Draper published an article on the X platform stating that he believes the banking system will be breached before quantum computing can break the blockchain. Draper stated that Bitcoin is safer than US dollars in a bank account. Even if the blockchain encounters problems, full node operators can roll back to the last secure block, allowing the network to continue operating, an option that the US dollar and banks do not have. He predicts that as retailers begin to accept Bitcoin, it will eventually completely replace the US dollar.

Tim Draper: Bitcoin is safer than bank deposits; the banking system may face quantum risks sooner.

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