;)
;)
It's not exactly clear what is driving the price drop now. It seems to be a bunch of smallish factors, magnified by the usual bubble market feedback effects.
For any other security, you'd say that it would eventually recover after a correction. For BTC, it's not really a security, so it's hard to say where it goes from here. It's based solely on collective buy-in.
Once it a fast enough quantum computer appears, they will cheat and hard fork and change the protocol to a quantum resistant version instead of just sitting while the bitcoins disappear.
elmerfud•2mo ago
Considering that the markets have been taking a massive beating across the board the reason for bitcoins recent drop isn't quantum.