Recently, there has been an interesting discovery: The biggest concern for Chinese community members at present is that BTC will enter a deep bear phase after 2022. The English community seems to have "higher-level" considerations, as they are concerned that BTC will be subjected to quantum attacks that could lead to a complete collapse of underlying encryption technology Is this the reason why so many low zone chips have profited and fled recently?! Can you handle this? My view on this is that if this is not a purposeful spread of panic by certain interest groups, then it is groundless worry. The threat of quantum computing is indeed one of the most "sci-fi" and serious potential risks at present, as it can theoretically crack ECDSA public key encryption (exposing private keys) using algorithms. But! The reality is that a practical scale quantum computer capable of running effective algorithms to crack 256 bit elliptic curves is still far from implementation, expected to take at least 10-20 years, or even longer (current issues such as quantum bit stability and error correction are far from resolved). If quantum breakthrough really comes, the entire Internet financial system (RSA, ECC, etc.) will collapse first, and the BTC community will also have enough time to respond. Its unique decentralized governance enables it to upgrade. In contrast, many traditional financial systems are more rigid, and you should be more concerned about whether your bank deposits will suddenly disappear. Obviously, quantum attacks are not a real threat in the short term. When it really arrives, those early chips that have been lost in the past may indeed be quantum "resurrected" and enter circulation, but this is more like a one-time inflation event of BTC supply, restoring total circulation to 21 million, and the market will price them in advance and then digest and absorb them. BTC has been declared 'dead' countless times since its inception in 2009. From early Ponzi schemes, pyramid schemes, government bans, to later scalability issues, energy consumption, and more. Someone has once again hyped up the 'quantum computing threat' as mainstream FUD, which should be the ceiling! Afterwards, there are basically no more advanced reasons to discredit BTC, right. If this is really the reason why so many veteran OGs are selling chips crazily this time, then I would be even more optimistic. In history, whenever FUD escalates to the level of "fundamental technological collapse" (such as the "scalability death spiral" in 2018 or the "energy FUD+FTX collapse" in 2022), it is often a prelude to a bull market. Quantum FUD has now become a mainstream topic in the English community, indicating that we may be approaching the peak of fear in this super cycle, followed by greed dominance. This article is sponsored by @ Bitget | Bitget VIP， Lower rates and more generous benefits