Potential Impact of Quantum Computing on Bitcoin
Bitcoin and digital asset quant fund founder Charles Edwards indicated that rational investors may have already reduced Bitcoin's valuation by about 20% due to quantum computing threats breaking traditional encryption algorithms.
Possible Future Developments
If progress in quantum-resistant encryption technologies stalls, this discount could double annually, potentially reducing Bitcoin's value to half its current level over time.
Recommended Actions
Bitcoin core developers must address this issue before 2026 to ensure network security and maintain market confidence.