On February 20, Charles Edwards, founder of Bitcoin and digital asset quantitative fund Capriole, stated, "Considering the combined statistical probability of the arrival of 'Q-Day' (Quantum Day), rational investors may currently be discounting Bitcoin's fair value by about 20%. If Bitcoin does not make substantial progress in quantum-resistant code, this discount rate will double each year. If related upgrades continue to stall, within more than a year, Bitcoin's valuation could be discounted by the market to half of its current value. It is hoped that the Bitcoin core development team will pay attention to this issue. Action must be taken by 2026 to address the potential quantum computing threat."
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