[Alliance DAO Co-Founder: If BTC Struggles to Quickly Address Security and Quantum Risks, L1 Holds Hedging Value] Odaily Planet Daily News – Alliance DAO co-founder QwQiao stated that if certain L1 tokens are believed to have the potential to become 'non-sovereign stores of value' in the future, serving as a hedging asset against Bitcoin, their current valuation is not considered high. He pointed out that Bitcoin may face two major challenges in the future: security budget and quantum resistance, and the protocol's rigidity might limit its response speed. While he remains optimistic about Bitcoin's long-term position, he emphasized that this is precisely the main rationale for allocating a portion of L1 tokens.