The founder of Capriole Investments, Charles Edwards, says that a clear roadmap to quantum resistance by the main developers of #Bitcoin could push the price of BTC higher very quickly. Edwards argues that the current price of BTC reflects an implied discount, which he calculates at between 20% and 30% due to uncertainty about the threat of quantum computing.
The quantum risk mainly affects old addresses or those with exposed public keys, such as Pay-to-Public-Key or P2PK addresses from the Satoshi era, where a sufficiently capable quantum computer could theoretically derive the private key from the public one. Developing quantum resistance is not only a technical challenge, but also an economic catalyst. Simply having clear communication and planning from the developer community would be enough to dispel institutional doubts and revalue the asset.
The quantum risk mainly affects old addresses or those with exposed public keys, such as Pay-to-Public-Key or P2PK addresses from the Satoshi era, where a sufficiently capable quantum computer could theoretically derive the private key from the public one. Developing quantum resistance is not only a technical challenge, but also an economic catalyst. Simply having clear communication and planning from the developer community would be enough to dispel institutional doubts and revalue the asset.