Analysis: Bitcoin’s value could drop to zero unless a defense system is built by 2026

PANews reported on October 11th that according to Deloitte research, approximately 25% of all Bitcoins are potentially exposed to quantum attacks. If these Bitcoins are not promptly transferred to quantum-resistant addresses, the arrival of powerful quantum computers could result in losses of hundreds of billions or even trillions of dollars. Charles Edwards, founder of digital asset management firm Capriole Investment and a long-time Bitcoin advocate, stated that the quantum computing threat is far more imminent than generally believed and urged the community to build defenses by 2026. He questioned the belief that some investors are downplaying the threat to maintain optimistic expectations and warned that being late to the quantum technology race could lead to Bitcoin’s value being wiped out.