Bitcoin Could Jump 50% If Developers Agree on Quantum Plan: Capriole CEO
BTC when published $82,299Now $80,568 ▼ −2.10% since it was published
According to Charles Edwards, CEO of Capriole Investments, Bitcoin’s price could rise 30% to 50% in a day if developers agree on a roadmap to protect the blockchain against quantum computers. He also warned that delays in addressing the threat could weigh on the asset’s valuation. Edwards Sees Quantum Security as a Potential Bitcoin Catalyst Speaking to BMTV, Edwards described the quantum threat as tangible within a typical two- to three-year investment horizon. Bitcoin developers have yet to reach a consensus on a path forward, he noted, despite early-stage proposals intended to help prepare the network. “If they kind of align and say, okay, this is the roadmap that we’re going to do, or this is the signature schemes that we’re going to probably implement in the next sort of…
First reported by CryptoPotato. This page is a short excerpt; the full text is theirs.
