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Arthur Hayes Rebuffs Justin Sun's Bearish Warnings Over Bitcoin Quantum Computing Threats

Arthur Hayes has dismissed concerns that quantum computing and artificial intelligence threaten Bitcoin, advising holders not to sell. His comments directly counter Tron founder Justin Sun, who turned bearish on Bitcoin after warning that markets have failed to price in quantum risks and that a network-wide upgrade within two years is nearly impossible. Hayes contends that proper wallet address hygiene and modern signature schemes offer sufficient protection. Meanwhile, Bitcoin was trading between $81,300 and $81,900 as Glassnode data showed over $500 billion in Bitcoin remains stored in addresses with exposed public keys.

Category

Bitcoin

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min