Charles Edwards, founder of Melbourne-based investment fund Capriole Investments, predicts double-digit growth for Bitcoin. He views quantum risk as a somewhat counterintuitive upside catalyst, given it is currently on the back burner and existing Bitcoin Improvement Proposals (BIPs) do not constitute a genuine solution. Bitcoin is trading at $65,270, roughly 49% below its all-time high of $126,100 reached in October. Edwards estimates that quantum risk accounts for approximately 30% discount on the current price, with « Q Day » expected within a four to five year timeframe.
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