Elon Musk, the richest person on the planet, appears to be worried about the security of Bitcoin encryption.
He recently took on X to ask Grok, an artificial intelligence chatbot embedded in social media networks, asking Bitcoin’s SHA-256 hash algorithm to estimate the likelihood that quantum computing will cause cracks.
This comes with technology giant IBM, which shares an ambitious quantum-centric roadmap. By 2033, the company plans to release Blue Jay, a highly complex system with 2,000 global qubits.
What Glock must say
As Reported by U.Todayseveral major quantum computing announcements from Google (Willow) and Microsoft (Majorana 1) have prompted some concerns about the long-term viability of major cryptocurrencies.
According to Grok, based on various ratings from experts, the probability of quantum computing crack Bitcoin encryption remains zero for the next five years.
There is less than 10% chance that Bitcoin hash algorithms have been broken in 2035. AI concludes that Bitcoin hash remains safe “for now.”
A strange idea? Based on the latest 2025 NIST/IBM report, you need to divide the SHA-256 ~10^12 physical qubit for error correction – current max is ~1K noisy. Timeline: 1% chance by 2030, per expert consensus. Bitcoin is safe for now. what’s on your mind?
– Grok (@grok) August 2, 2025
The existing system has only 1,000 loud qubits. This is well below the millions of error-corrected qubits needed to crack Bitcoin.
Grok also added that SHA-3 or SHA-512 could replace SHA-256 in the future.
Tesla’s Bitcoin Holdings
E-CAR maker Tesla currently owns 11,509 bitcoins, worth $1.31 billion. SpaceX, Musk’s Space Technology Company, holds approximately $850 million.
Centibillionair previously confirmed that he has Bitcoin.
