Odaily Planet Daily News Billionaire, Social Capital founder Chamath Palihapitiya posted on X: "Quantum computing will pose risks to v1 encryption methods. The timeframe is very unclear and not imminent. But if I held a large amount of BTC, my risk posture would assume it could happen and plan accordingly. Currently, any potential risks to Bitcoin can be addressed through forks that deploy new transactions with quantum-resistant encryption. That being said, this cannot retroactively protect already exposed non-migrated public keys. Funds in old p2pk addresses (dead accounts?) where the public key is exposed will still be vulnerable to quantum computing attacks against ECDSA and will become targets."