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The cryptocurrency circle's true mindset towards quantum threats is clear, summarized in three points:
1. Panic trading in bear markets, air trading in bull markets.
The so-called '9-minute cracking of Bitcoin' and 'quantum instant kill of cryptocurrencies' are essentially FUD specific to bear markets; no one takes it seriously in bull markets, and when prices rise, no negative news matters.
2. Technically, there’s really not that much to panic about.
By the time general quantum computers can threaten elliptic curve encryption,
cryptographic algorithms will also be upgraded (for example, post-quantum cryptography PQC),
the Bitcoin community can completely hard fork to replace the signature algorithm,
breaking and defending are originally co-evolving.
3. Retail perspective is more realistic.
Most people’s holdings don’t even reach the point of being 'precisely cracked' by quantum computers;
when that day comes, the global financial system, banks, and internet security will collapse first,
you won’t even have to worry about your little coins.
In summary:
Quantum threats are long-term theoretical risks, not immediate trading risks; they are used for dumping in bear markets and completely ignored in bull markets.
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