Why a Top Bitcoin Bull Just Abandoned Crypto
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And what happens when technology advances faster than digital security? In this episode of Secret War on Cash, Dean Heskin, President & CEO of Swiss America, and co-host Chris Agelastos examine a growing concern shaking confidence in cryptocurrencies: quantum computing. The discussion centers on why a longtime Bitcoin bull has exited crypto entirely and shifted toward gold, citing the accelerating ability of quantum computing—powered by AI—to crack cryptographic security once considered unbreakable. According to recent research, 20–50% of existing Bitcoins may be vulnerable, particularly older coins created under earlier security standards. Dean and Chris break down:
- Why quantum computing could threaten Bitcoin and crypto wallets sooner than expected
- How digital assets can be compromised with no customer service, statements, or recovery
- Why “secure today” does not mean secure tomorrow in the digital world
- The difference between digital scarcity and physical asset security
- Why gold’s thousands-year track record still matters in an age of rapidly evolving technology
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