According to @caprioleio, Bitcoin faces a real quantum computing threat that he says is contributing to roughly a 45 percent BTC drawdown over the last three months and requires a coordinated fix in 2026; source: @caprioleio X post and linked Global Blockchain Show keynote video. According to @caprioleio, his keynote outlines why BTC underperformed in 2025, the probability that quantum computing could break Bitcoin’s current cryptography, the immediate valuation impact via higher security risk premiums, and how Capriole Investments is positioning for this risk; source: @caprioleio X post and keynote. According to @caprioleio, mitigation should prioritize post-quantum cryptography and an industry-wide security upgrade to reduce tail risk and stabilize investor confidence; source: @caprioleio keynote.