Willy Woo Cautions About Quantum Risks Impacting Bitcoin's Value

Analyst Willy Woo highlights the potential threat of quantum computing to Bitcoin, questioning its valuation compared to gold.

Onchain analyst Willy Woo has raised concerns regarding the potential risks posed by quantum computing to Bitcoin's standing in the market. According to Woo, investors are beginning to factor in this quantum threat, which calls into doubt the legitimacy of approximately 4 million "lost" BTC and a valuation trend for Bitcoin that has been steady for 12 years, particularly when compared to gold.