Cardano founder Hoskinson: If governance cannot address quantum threats, Bitcoin may lose its top position

Cardano founder Charles Hoskinson stated that quantum computing could pose a significant challenge to Bitcoin's governance capabilities. If the Bitcoin network fails to coordinate necessary upgrades, BTC may lose its status as the world's largest cryptocurrency asset.

Hoskinson mentioned that the problem with Bitcoin is that it is "frozen in time," making any changes very difficult. He believes that the early disappointment with Bitcoin's lack of flexibility was one of the reasons that led to the birth of Ethereum.