Bitcoin news cycle takes a quantum turn as COINOTAG News, on December 17, citing Cointelegraph, relays Charles Edwards‘s warning. Edwards, founder of the Capriole crypto-asset fund, argues that the market’s risk framework must address looming quantum computing threats and the pursuit of quantum resistance by the sector. While the danger is not imminent in precise terms, the commentary frames a potential inflection point for crypto security and investor confidence.
According to the forecast, if the industry lags on post-quantum cryptography and secure key management by 2028, Bitcoin could face downside pressure, potentially testing the $50,000 level. The report underlines the credibility of risk controls and transparent progress updates as the ecosystem monitors advances in quantum computing and defensive cryptography to preserve market integrity.
Source: https://en.coinotag.com/breakingnews/bitcoin-could-drop-below-50k-by-2028-without-quantum-resistance-warns-capriole-founder-charles-edwards
