Bitcoin's Quantum Threat: Edwards Warns of Potential Price Drop
Update: 2025-12-17
Description
Charles Edwards, founder of Capriole, warns that Bitcoins price could plummet below $50,000 by 2028 if its not made quantum-resistant. He believes a major bear market might be necessary to motivate the industry to upgrade the network. Critics argue the threat is exaggerated, but Edwards maintains Bitcoins vulnerability due to its reliance on encryption methods and lack of transaction reversibility.
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