Bitcoin's Quantum Conundrum: A Growing Threat Ignored by the Community

A recent warning by Charles Edwards, founder of Capriole Investments, has sparked concerns about Bitcoin's ability to withstand the long-term threat posed by quantum computing.

Edwards, a veteran bull, expressed his concern that existing cryptographic defenses are not adequate to resist advances in quantum technology. He compared the situation to outdated military strategies being deployed against modern warfare.

The investor emphasized that the most troubling aspect is not only the severity of the quantum threat but also the dismissal and lack of urgency surrounding it.