The biggest threat from quantum computing to
$BTC isn't the private key being cracked.
I agree with this viewpoint. Most people are fixated on the 'quantum machine brute-forcing wallets' angle, but the real risk lies at the consensus layer—if quantum computing can interfere with PoW's difficulty adjustments or manipulate the block order, then the entire trust in the ledger is truly shaken. The private key issue can be patched with address migrations and algorithm upgrades, but an attack on the consensus layer is a whole different level of concern.
However, this doesn't affect my current positions.
$BTC 73647, contract spot with 8.3x leverage, holding 103,695 BTC, funding rate +0.0055%—this isn't a directional market. Trading volume is $1.18 billion, leverage is being used but neither bulls nor bears are showing clear signals for adding to their positions. Right now, I have no directional positions, with limit orders set at 72,400 and a stop loss at 71,500, aiming for 75,200. The risk-reward ratio is barely sufficient.
Quantum risk is a 5-year concern; using it for FUD or FOMO now is just a waste of time. What I'm more concerned about is whether this level holds before the close of the U.S. market tonight.
I might be wrong, so I'm keeping my position light.
$BTC #Bitcoin #QuantumRisk
If I lose, don't cue me; if I win, buy me a coffee.