People are getting the Quantum + SI FUD completely wrong.
$BTC isn't going to fail. That's not the risk.
The real play here is downward price volatility.
1.7M $BTC in lost coins can't be moved to quantum-safe addresses. These coins are sitting ducks.
Eventually they'll get cracked and dumped back into circulation. When that happens, the market will reprice everything.
This isn't an existential threat. It's a supply shock waiting to happen.
$BTC isn't going to fail. That's not the risk.
The real play here is downward price volatility.
1.7M $BTC in lost coins can't be moved to quantum-safe addresses. These coins are sitting ducks.
Eventually they'll get cracked and dumped back into circulation. When that happens, the market will reprice everything.
This isn't an existential threat. It's a supply shock waiting to happen.