Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Bitcoin zero-value case challenged over quantum threats and ETF outflow claims

Picture: TokenPost

Warnings that quantum attacks and ETF withdrawals could erase Bitcoin’s value face a rebuttal centered on the gap between technical advances and practical hacking capabilities, and on Bitcoin’s role as a store of value. Bitcoin analyst Joe Consorti challenged bearish arguments from Chamath Palihapitiya and Jason Calacanis in a video on October 28. He argued that potential security breaches and the emergence of alternative investments do not provide sufficient grounds to conclude that Bitcoin’s value will fall to zero. Consorti pointed to Bitcoin’s private-key structure in rejecting claims that AI could steal Satoshi Nakamoto’s holdings.

You are reading an excerpt. TokenPost wrote and owns the full article.

Continue reading at tokenpost.com

Related stories

More crypto news

All Crypto & Bitcoin