TLDR
- Charles Edwards believes the quantum threat to Bitcoin is already priced into the market.
- Bitcoin’s current price drop is not linked to quantum risks, Edwards argues.
- Edwards highlights the need to act on quantum threats, but says market has factored it in.
- Experts disagree on the quantum computing threat, with some dismissing its market impact.
As Bitcoin (BTC) struggles with a bearish outlook, many are concerned about the potential impact of quantum computing. While some argue that quantum risks should lead to higher Bitcoin prices, others believe the threat is already reflected in the market value.
Capriole founder Charles Edwards is among the analysts who argue that the quantum computing threat to Bitcoin is not the driver behind the current price drop. Edwards believes that the market has already priced in the potential risks posed by quantum computing.
The Quantum threat is big and must be addressed with urgency this year. That said, it does not justify prices of $60K _today_, it's more than fully priced in.
— Charles Edwards (@caprioleio) February 6, 2026
Edwards maintains that quantum computing poses a real long-term challenge, but it is not something that should influence Bitcoin’s price today. In fact, Edwards argues that Bitcoin’s price is already accounting for the quantum risk. He writes, “It does not justify prices of $60K today, it’s more than fully priced in.”
Quantum Threat Is Real but Not a Market Driver
While Edwards acknowledges that quantum computing could eventually pose a serious threat to Bitcoin, he stresses that the risk is not immediate. In his view, the Bitcoin community needs to address these concerns, but the threat of quantum computers is not currently affecting Bitcoin’s market performance.
Many in the crypto community believe that Bitcoin’s value should be rising as a “safe-haven” asset, especially with the looming risk of quantum computers. They argue that a shift to quantum-resistant upgrades would make Bitcoin stronger and more secure. However, Edwards dismisses this reasoning, asserting that the market has already taken these concerns into account. He believes that the narrative surrounding quantum threats is not influencing Bitcoin’s price at this moment in time.
Industry Figures Split on Quantum Computing Threat
Not everyone in the cryptocurrency space agrees on the impact of quantum computing. While Edwards views the quantum threat as manageable, other figures in the industry offer differing opinions.
For instance, Michael Saylor, the prominent Bitcoin supporter and CEO of Strategy, has recognized the threat of quantum computers and is preparing for it by launching a Bitcoin security program. However, Saylor suggests that the quantum risk is at least a decade away, and most industry players are still relying on traditional cryptography to protect their assets.
On the other hand, Craig Wright, a self-proclaimed Satoshi Nakamoto, argues that the quantum threat is overstated. Wright calls the idea of quantum computers breaking Bitcoin’s cryptography “bedtime stories,” insisting that no existing quantum computer can undermine the Bitcoin network’s security.
Experts Remain Divided on the Quantum Risk
Despite Edwards’ position, other voices in the crypto community dismiss the potential of quantum computing to disrupt Bitcoin’s infrastructure. Graham Cooke, a Google veteran, has expressed confidence in the mathematical strength of Bitcoin’s security, claiming that even with advances in quantum computing, Bitcoin’s cryptographic algorithms will remain safe.
In a similar vein, Samson Mow, CEO of JAN3, suggests that the quantum threat is a distraction. Mow advises people within the cryptocurrency space to focus on more pressing issues rather than worrying about future quantum risks. He believes that the current fears are misplaced and do not warrant drastic changes to Bitcoin’s value or security measures at this time.
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