The post Growing Quantum Fears Are Weakening Bitcoin’s Advantage Over Gold, Warns Popular Analyst As Doomsday Debate Explodes ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.

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&nbsp Prominent on-chain analyst Willy Woo cautioned that rising concern about quantum computing risks may be eroding Bitcoin’s long-term valuation narrative, particularly compared with gold. In a recent post on X, Woo suggested that markets are beginning to factor in the possibility of a future “Q-Day” event — a term used to describe the point at which quantum computers may become powerful enough to break the cryptographic signatures that secure the Bitcoin network. Woo argued that an estimated 4 million Bitcoins, widely considered lost assets and believed to be inaccessible due to missing private keys, could re-enter circulation if advances in quantum computing compromised exposed public keys. Such a development, he suggested, could challenge elements of Bitcoin’s scarcity thesis. Is A 4 Million Bitcoin Supply Shock Brewing? Historically, Bitcoin has far outperformed gold, with value gains of roughly 76 million percent according to ICE charts on TradingView. However, Woo notes that this trend appears to be diverging just as the global long-term debt cycle peaks. While macro investors typically flock to hard assets during periods of debt deleveraging, gold is surging while Bitcoin remains relatively restrained. Woo attributes the shift to concerns over “Q-Day”. Advertisement

&nbsp Quantum computing poses a potential cryptographic crisis, as it could compromise the mathematical security that underpins nearly all digital assets. While classical computers would require trillions of years to brute-force a Bitcoin private key, a sufficiently advanced quantum computer could theoretically derive the key from a public address in minutes, enabling attackers to access and drain wallets at will. The main concern extends beyond Bitcoin’s network security to a potential massive liquidity shock. Woo highlights that roughly four million “lost” Bitcoins — untouched for years and often held by early adopters, including the premier cryptocurrency’s pseudonymous creator, Satoshi Nakamoto —…

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Filed under: News - @ February 16, 2026 10:28 pm