Ah, behold the latest folly of our age! New research, penned by the ever-so-grave Charles Edwards of Capriole Investments, declares that Bitcoin faces a 20% discount due to the specter of Quantum Computing. And pray, what is this Quantum Computing? A technological chimera that, in theory, might one day pilfer the treasures of ancient BTC wallets. How quaint!
A 60% Discount by 2028? Oh, the Horror!
Edwards, our modern-day Cassandra, proclaims that this Quantum menace could slash Bitcoin’s fair value by a staggering 60% by 2028. “Trust the code” and “hard money,” he laments, would be naught but ashes in the wind should this quantum apocalypse come to pass. Up to 30% of Bitcoin’s supply, he warns, might be stolen and liquidated. Oh, the humanity!
Yet, when shall this “Q-Day” arrive? No one knows, for it is but a mirage on the horizon. Experts, those oracles of uncertainty, predict a 60% chance by 2030 and an 80% chance by 2031. But fear not, dear reader, for Edwards assures us that upgrading Bitcoin’s defenses will take a mere two years. Or perhaps one, in a fit of optimism. Or three, in a bout of realism. Ah, the precision of it all!
“A quantum hack would compromise the core tenets of Bitcoin,” Edwards intones, as if Bitcoin were a sacred relic rather than a digital trinket. “Trust the code,” he cries, as though code were an infallible deity.
And so, Edwards introduces the “Quantum Discount Factor,” a metric as convoluted as it is absurd. It is, he explains, the number of years to upgrade Bitcoin subtracted from the cumulative probability of Q-Day. A formula fit for a farce, if ever there was one!
Behold, the chart of doom:
A 60% chance by 2030, you say? And 80% by 2031? How conveniently dire! But fear not, for Edwards has mapped out the Quantum Discount Factor, a graph as dramatic as a tragicomedy:
By 2026, the discount sits at 20%. By 2028, it soars to 60%. And by 2029, a whopping 75%! Oh, the calamity! Or is it merely a tempest in a teapot?
BTC Price: A Mere Trifle
As we pen this, Bitcoin hovers at $67,700, down a paltry 2% in the last seven days. A drop in the ocean, one might say:
So, dear reader, shall we tremble at the Quantum menace, or laugh at the absurdity of it all? Bitcoin, it seems, is but a stage, and we are but players in this grand comedy of errors.
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2026-02-21 13:42