Charles Edwards|Feb 23, 2026 22:30
I've been through three cycles. I've seen Bitcoin plunge 50% in 24 hours. I've see it at $3K when exchanges completely turned off. I've seen dozens of hacks and frauds, including the Madoff level fraud that was FTX. All this time, I was never concerned about Bitcoin's future. In those dark moments I was excited about the value opportunities. Today, I am more concerned than ever before about Bitcoin's future.
The Bitcoin Core team is fighting the last war. Like deploying horses against machine guns in WW1. Or trenches against Blitzkrieg in WW2. Horses and trenches are Bitcoin's current cryptography. Machine guns and Blitzkrieg are Quantum, and Bitcoin today does not stand a chance. It must adapt and upgrade.
The severity of the Quantum threat and the mind-blowing level at which it is being dismissed is troubling.(Charles Edwards)
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