Чарльз Эдвардс предупреждает о возможном падении биткоина ниже $50 000 из-за квантовых угроз Translation: Charles Edwards warns of a potential drop in Bitcoin below $50,000 due to quantum threats.

By 2028, the price of the leading cryptocurrency may drop below $50,000 if its network does not become resilient to quantum attacks, according to Charles Edwards, the founder of the investment fund Capriole.

At the time of writing, Bitcoin is trading at approximately $86,300. This expert prediction implies a decline of 42% from its current value.

“I’m starting to think that we will just need a massive bear market to flush out the fools who believe that the quantum threat to Bitcoin is a joke, and to motivate maximalists to act on network upgrades,” he stated.

Edwards pointed out that a solution must be implemented by 2026. The Capriole chief warned that inaction could lead to the biggest collapse in history, making the FTX crash look like a “walk in the park.”

In a separate post, he declared: “The four-year Bitcoin cycle has ended. The quantum one has begun.”

Many experts believe that quantum computing will impact banks before it affects Bitcoin. Edwards disagrees, arguing that the financial sector is already moving toward post-quantum encryption, a shift that is not yet reflected in the first cryptocurrency.

Some are convinced that the quantum threat will not materialize until after 2030. Among them is analyst Willy Woo, who believes that by then developers will have implemented standards for quantum-resistant encryption.

To protect digital gold, Woo suggested transferring assets to SegWit addresses and storing them there for about seven years. A similar initiative has been expressed by a group of developers led by Casa’s CTO, Jameson Lopp.

Their plan involves a mass migration of users to secure addresses followed by the quarantine of vulnerable old wallets.

Bitcoin maximalist Adam Back considers the danger to be exaggerated. He forecasts that computers capable of breaking Bitcoin’s cryptography will not arrive for another 20 to 40 years.

As a reminder, in December, Woo stated that in the event of a hypothetical quantum attack on Satoshi Nakamoto’s wallets, “old whales” would protect the market.