Bitcoin's Quantum Risk: Can Altcoins Take the Lead in the Next Cycle?
The Bitcoin price has surged significantly, but there are concerns surrounding its performance in this new cycle.
David Feld, from Bankless, believes that Bitcoin may underperform the broader market due to unresolved quantum risk and potential sell pressure from Michael Saylor's Strategy fund.
Feld argues that the lack of a massive pool of untapped new buyers and headwinds such as quantum security vulnerabilities could hinder Bitcoin's growth.
He also points out that Zcash, with its built-in native privacy features and proactive approach to addressing quantum security risks, has the opportunity to capture a significant portion of Bitcoin's monetary premium.