Concerns over quantum computing's potential threat to Bitcoin's security have reignited discussions about Bitcoin price predictions. Experts warn that if Satoshi Nakamoto's 1.1 million BTC were compromised, it could significantly impact Bitcoin's price. YouTuber Josh Otten speculated that such an event could cause Bitcoin's price to plummet to $3.
However, industry figures like Willy Woo and Samson Mow argue that the risk posed by quantum computing is not immediate. Mow estimates that it could take at least a decade for quantum computing to pose a real threat to Bitcoin. Additionally, newer Bitcoin wallets are being designed with increased quantum resistance, providing some reassurance to the crypto community.
Quantum Computing Concerns Stir Bitcoin Price Speculation
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