{"id":87146,"date":"2026-04-28T00:31:32","date_gmt":"2026-04-28T00:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=87146"},"modified":"2026-04-28T00:31:32","modified_gmt":"2026-04-28T00:31:32","slug":"quantum-threat-to-bitcoin-isnt-the-hack-its-the-contagion-analyst-warns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=87146","title":{"rendered":"Quantum Threat To Bitcoin Isn\u2019t The Hack\u2014It\u2019s The \u2018Contagion,\u2019 Analyst Warns"},"content":{"rendered":"
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The founder of Capriole Investments has explained how the Quantum Computing threat to Bitcoin can cause a widespread collapse in trust.<\/p>\n

Satoshi\u2019s Bitcoin Not The Main Quantum Risk<\/h2>\n

In a new post<\/a> on X, Capriole Investments founder Charles Edwards has talked about what the real risk of Quantum Computing<\/a> could be to Bitcoin. \u201cQuantum Computing\u201d is an emerging class of computers that could, in theory, be used to decode encryption used to secure networks like BTC.<\/p>\n

Quantum Computing has been an \u201cupcoming\u201d technology for a while now, but lately, it has gained more traction in the news following some advancements. This has naturally also encouraged discourse in the cryptocurrency community about what it could mean for digital assets.<\/p>\n

In the context of Bitcoin, the risk that\u2019s mainly cited is that many old wallets have their public keys exposed. Entities with Quantum computers may be able to decode private keys from these public keys, thus gaining access to the wallets.<\/p>\n

A chunk of the supply is vulnerable to such an attack, including the tokens held by Satoshi, BTC\u2019s pseudonymous creator. Some have speculated that a Quantum computer owner could dump these coins on the market, causing a price crash. Others, though, have argued that the sector may be able to absorb the selling pressure from these tokens.<\/p>\n

Edwards, however, dismissed this as the primary concern. \u201cFor those who say it doesn\u2019t matter if Satoshi\u2019s coins get taken by a Quantum hacker, the risk is not his coins, it\u2019s the contagion that follows,\u201d noted the analyst.<\/p>\n

As an example, Edwards cited the KelpDAO<\/a> incident. KelpDAO is an Ethereum liquid restaking protocol that fell prey to a $290 million rsETH exploit on April 18th. The hacker took the exploited rsETH and used it to borrow WETH from the lending protocol Aave. After the market panic that ensued, the market cap of Aave\u2019s native token suffered a sharp 20% drop. \u201c$12B was drained from Aave TVL in days (40X the hack),\u201d said the Capriole founder.<\/p>\n

Similarly to this hack, if Satoshi\u2019s tokens were brought into circulation, the effects could outweigh the market impact that those tokens alone would have due to the loss of trust. \u201cIt\u2019s the widespread collapse in trust and ensuing bank run we need to plan for now,\u201d explained Edwards.<\/p>\n

The Capriole founder has been vocal about the Quantum Computing threat to Bitcoin, both online and at event presentations, urging the community to find a solution. Recently, some work on the issue has advanced, with multiple proposals<\/a> already being published to counter the threat. Whether these ideas will make it to upgrades only remains to be seen.<\/p>\n

BTC Price<\/h2>\n

Bitcoin surged above $79,000 during the weekend, but the coin has retraced to $77,700 to kick off Monday.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The founder of Capriole Investments has explained how the Quantum Computing threat to Bitcoin can cause a widespread collapse in trust. Satoshi\u2019s Bitcoin Not The Main Quantum Risk In a new post on X, Capriole Investments founder Charles Edwards has talked about what the real risk of Quantum Computing could be to Bitcoin. \u201cQuantum Computing\u201d […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-87146","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/87146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87146"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/87146\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}