Jiang Zhuoer: The Biggest Risk of BTC is Being Useless, Q-Day May Become a Turning Point

Jiang Zhuoer, the founder of the Liebit mining pool, stated that the biggest risk for BTC is being "useless" rather than quantum attacks. He pointed out that RWA represents the greatest social significance of blockchain, directly pointing to ETH. With funds already entering the U.S. stock market, BTC is unlikely to rise significantly, and the gains in a bull market are gradually diminishing. If the gains cannot outpace the Nasdaq, a large number of holders may cash out at high prices, leading to a negative cycle of "price increase - hoarding - price increase" turning into a negative cycle. Jiang Zhuoer believes that the date of the quantum attack on Q-Day coincides with this critical time point, which may become a turning point for BTC from prosperity to decline.

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