Opinion: Quantum computing risks may lead to a persistent discount in Bitcoin valuation

GateUser-6433627c · 2026-02-20T10:59:50+00:00

Bitcoin quant fund founder Charles Edwards pointed out that due to the threat of quantum computing, Bitcoin's fair value may be underestimated by 20%. Without substantial progress, the discount could double each year, and future valuations may be halved. He urges developers to take measures to address this risk before 2026.

GateUser-6433627c

2026-02-20 10:59:50

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On February 20th, Charles Edwards, founder of the Bitcoin and digital asset quant fund Capriole, stated, “Based on the statistical probability of the upcoming ‘Q-Day’ (Quantum Day), rational investors may have already discounted Bitcoin’s fair value by approximately 20%. If Bitcoin does not make substantial progress in resisting quantum-resistant code, this discount could double each year. If related upgrades continue to stagnate, Bitcoin’s valuation could be halved by the market within a year. We hope the Bitcoin core development team will pay attention to this issue. Action must be taken by 2026 to address the potential threat of quantum computing.”

BTC0,93%

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