Bitcoin could go ‘sub-$50K if quantum isn’t solved by 2028: Capriole
Capriole founder Charles Edwards warns Bitcoin could drop below $50K if quantum resistance isn't deployed by 2028.Summary
Charles Edwards, founder of the quantitative digital asset fund Capriole, predicts that Bitcoin's price could fall significantly below $50,000 if the network does not implement resistance to quantum computing threats by 2028. Edwards suggests a major bear market might be necessary to force the community to address the issue. He argues that while critics believe quantum threats are decades away, Bitcoin will be targeted first because institutions are already adopting post-quantum encryption, and their fraudulent transactions can be reversed. Edwards stressed that a fix must be rolled out by 2026 to avoid a catastrophic bear market worse than the FTX collapse. Conversely, others, like Michael Saylor, have dismissed quantum concerns as a marketing tactic for quantum-branded tokens.
(Source：Cointelegraph)