The world will have bigger fish to fry if "encryption" gets cracked around 2027-2028. I doubt it will, but anyway assuming it does then they will switch to quantum resistant encryption algorithms instead.
That doesn’t explain Bitcoin’s price.
Even if what you say is true, assuming BTC gets cracked within 2-3 years, smart money would get out of it and would go into real estate, land and physical assets instead. Why isn’t this happening?
I mean anyone who is able to graso exponentials and there are a LOT of people who can, will come to same realization.
Also, you can’t really switch Bitcoin to quantum-proof algo. It’s pretty much inpossible.
Look, even experts say Bitcoin will be cracked at 2030 worst. That’s only 5 years away. Even if it’s 5 years, not 2, why is it 110k? Gold should be outperforming BTC, but it isn’t. What am I missing???
This reminds me of the bitcoin death predictions website. I don't know if it's still around but if it is then it probably has thousands of predictions by now.
Also, you can’t really switch Bitcoin to quantum-proof algo. It’s pretty much inpossible.