Deep Tide TechFlow News, on December 23, The Wall Street Journal reported that with Google's breakthrough in the new Willow quantum computing chip, the potential threat of quantum computing to Bitcoin security has raised concerns. Skip Sanzeri, co-founder of the quantum security startup QuSecure, warned that compared to the strict regulation and security mechanisms of traditional banking systems, the decentralized Bitcoin ecosystem will become a prime target for hackers. Due to the lack of compensation protection mechanisms in cryptocurrency, once quantum computing breaks existing encryption algorithms, it could result in losses of trillions of dollars.