Bitcoin’s Quantum Issues Need Urgent Resolution, Says Crypto Analyst: ‘The Single Most Important Thing For The Asset’s Growth’

Cryptocurrency analyst Willy Woo said Monday that fixing quantum computing risks is the most critical step for Bitcoin’s (CRYPTO: BTC) global adoption and its emergence as a major force in macro geopolitics.

Are Investors Hesitant Due To Quantum Uncertainty?

In an X post, Woo argued that convincing nations and fiduciary organizations to invest in a “nascent” asset like Bitcoin is difficult. The quantum uncertainty, they added, makes it worse.

“I think the excuse of ‘it’s 20 years away’ does not cut it. The investors looking to allocate think in exactly these time horizons. So, time to get our ducks in a row,” Woo said, referring to estimates of when a computer — powerful enough to decode a Bitcoin public key to find its corresponding private key — becomes a reality.

Woo argued that fixing Bitcoin’s quantum issues is the “single most important thing” for the asset’s growth, given the current scale of buyers.