VanEck fit comot from Bitcoin because of quantum computing wahala
VanEck CEO Jan van Eck dey warn say quantum computing don dey threaten Bitcoin elliptic curve cryptography no be small, e talk say dia company fit comot from di spot Bitcoin ETF if no quantum-resistant upgrade show. Di quantum computing fit make hackers fit find private key from public key with Shor algorithm, especially as one-third of BTC still dey use early P2PK addresses wey dey expose public keys. Slow network upgrades wey depend on consensus dey delay anti-quantum fix, so big asset managers like BlackRock dey flag quantum risk for ETF filings. Because of this, institutional investors dey look for hedge inside privacy coins like Zcash (ZEC), wey dey use zk-SNARKs and dey do research on quantum-resistant cryptography. Traders suppose dey watch Bitcoin development progress, ETF filings, and ZEC price comot go as signs to know how institutional investors dey take risk.
Bearish
Dis news bad for Bitcoin because e show say long-term security get wahala from quantum computing threat and e dey make institutional investors dey doubt. VanEck fit comot plus big managers wey dey warn quantum risk fit shake confidence, make people dey put hedge for privacy coins. For short term, traders fit see more wahala for market as risk feeling change; for long term, if dem no fix quantum upgrades, e fit put pressure for Bitcoin value until dem find quantum-resistant solution.