PANews
PANews|Apr 25, 2026 00:52
[Analyst: Bitcoin Quantum Computing Threat is Controllable, Core Issue Lies in Governance, Not Sell Pressure] According to CoinDesk, Bitcoin analyst James Check stated that the threat posed by quantum computing to Bitcoin is more of a 'controllable risk' rather than a systemic disaster. Currently, approximately 1.7 million BTC are stored in addresses from the Satoshi era. If quantum computing were to break elliptic curve signatures, these assets could be at risk, with potential sell pressure estimated at $145 billion based on current prices. However, data suggests that this scale is not unmanageable: during bull markets, long-term holders distribute 10,000 to 30,000 BTC daily, meaning the entirety of Satoshi-era holdings is equivalent to just two to three months of regular profit-taking. In the last bear market, over 2.3 million BTC changed hands in a single quarter, with monthly exchange inflows nearing 850,000 BTC. The derivatives market could absorb an equivalent nominal trading volume in just a few days.
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