Christopher Wood added that breakthroughs in quantum computing would undermine Bitcoin’s role as a reliable store of value for pension-style investors. If the timeline for quantum technology advancement shortens, some capital allocators would now question Bitcoin’s store-of-value properties. Attacks related to cryptography could emerge earlier than expected, enabling attackers to derive private keys from exposed public keys, thereby weakening the cryptographic foundation underpinning Bitcoin balances and mining rewards, and challenging its role as “digital gold” in pension-style investment portfolios. (Bloomberg)

[Odaily]