Approximately 4 million Bitcoins are lost since the days of "Satoshi"!!


Warning of the Quantum Day🚨
Analysts warn that the development of quantum computers over the next 5-10 years could break #البيتكوين⁩ encryption(, threatening to bring back 4 million lost Bitcoins )worth $274 billion( into circulation, which some see as a reason for Bitcoin's recent underperformance compared to gold.
)Why are the old whales trembling?(
The story is not just about "technological development"; it’s about striking at the very foundation of "scarcity" that Bitcoin is built on. Let’s explain further...
The treasure of 4 million coins: About 4 million Bitcoins are lost from the days of "Satoshi" and the early days )before 2011#البيتكوين . The market currently treats them as "non-existent." The fear is that quantum computers could extract the "private keys" to these wallets. If that happens, the market will flood with 4 million coins, causing an unimaginable price earthquake.
Breaking "Encryption": (It relies on )Elliptic Curve( encryption. Theoretically, quantum computers could crack this encryption in minutes. The problem is that old wallets )P2PK( are more vulnerable because their public keys are actually exposed on the network.
Early Pricing )Structural Discount(: Analyst "Willy Woo" says the market has started "pricing in" this risk. This is why large institutions haven't put "all their weight" into Bitcoin and why gold still outperforms it as a long-term "safe haven" )for 50 years, for example#البيتكوين‬ .
Difficulty of Updating: There are indeed researches on "quantum-resistant encryption," but updating the Bitcoin network requires "global consensus," which is very slow, difficult, and could cause network splits.
In summary 🔴
Quantum computers are the boogeyman scaring long-term investors. The story is not about a risk for today or tomorrow, but a long-term investor who thinks 10 years ahead will ask himself:
"What guarantees me that my Bitcoin will remain secure?" The uncertainty creates a "discount" on Bitcoin’s value compared to gold.
Gold has remained resilient for thousands of years, while Bitcoin faces its biggest technical test ever. @E2#Bitcoin_Market
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GateUser-37e3ab3avip
· 12h ago
Pi network is coming....
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