Analysts: The threat of Bitcoin quantum computing is manageable; the core issue lies in governance, not selling pressure.

PANews reported on April 25th, citing CoinDesk, that Bitcoin analyst James Check stated that the threat of quantum computing to Bitcoin is more of a "manageable risk" than a systemic disaster. Currently, approximately 1.7 million BTC are stored in addresses from the Satoshi era. If quantum computing breaks through the elliptic curve signature barrier, the related assets may face risks, with potential selling pressure estimated at around $145 billion at current prices. However, data shows that this scale is not unbearable: during bull markets, long-term holders received an average of 10,000 to 30,000 BTC per day, meaning that all Satoshi-era BTC is equivalent to only two to three months of typical profit-taking.

In the last bear market, over 2.3 million BTC changed hands in a single quarter, with monthly inflows into exchanges approaching 850,000 BTC. The derivatives market alone could absorb an equivalent notional trading volume within days. James Check believes that the real concern is not the selling pressure itself, but rather governance issues, such as freezing assets at Satoshi Nakamoto-related addresses through BIP-361.

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Author: PA一线

This content is for market information only and is not investment advice.

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