The Pomp Podcast #1459 Pascal Gauthier | Can Quantum Computers Steal Your Bitcoin?!
33 snips
Dec 28, 2024 
Pascal Gauthier, CEO of Ledger and a leader in crypto security, dives into the intriguing intersections of quantum computing and Bitcoin security. He addresses the future challenges posed by advanced hacking techniques and the importance of hardware wallets. The discussion also covers how social engineering remains a key vulnerability for users and introduces LedgerRecover as a solution. With insights on regulatory changes and the evolution of DeFi, Gauthier shares his vision for the cryptocurrency landscape in 2025.
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Quantum Computing and Bitcoin Security
- Remain calm about quantum computing threats to Bitcoin.
- Focus on building defenses alongside offensive advancements in quantum computing.
Social Engineering vs. Technical Hacking
- Stolen Bitcoin often results from social engineering, not sophisticated hacking.
- This is because social engineering offers a higher return on investment for hackers.
Protecting Your Seed Phrase
- Never share your 24-word seed phrase with anyone.
- Use a hardware wallet like Ledger, where your seed phrase is never exposed.