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Kevin O'Leary Highlights Quantum Computing Challenges for Bitcoin

The investor argued that long-term digital asset security depends on overcoming computational threats to encryption.

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Speaking on The Rollup podcast at the Avalanche Summit in New York, investor Kevin O'Leary stated that Bitcoin's long-term potential depends on the industry resolving security threats from advanced quantum computing, often referred to as "Q-Day." He noted that future quantum systems could challenge the encryption mechanisms underpinning blockchain technology.

O'Leary also revised his earlier view that Bitcoin and Ethereum would solely capture market gains, suggesting that broader industry adoption will follow the network choices made by financial exchanges. Alongside his comments on digital assets, O'Leary noted that he is investing in energy infrastructure, including nuclear power and uranium, to support rising electricity demand from artificial intelligence computing.

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