Add as a preferred source on Google江卓尔 Says Bitcoin (BTC)’s Biggest Risk Is Its Lack of Use
The 莱比特矿池 founder said blockchain’s biggest and only source of social significance is RWA, which he said points to Ether.
江卓尔, founder of 莱比特矿池, said Bitcoin’s lack of use poses a bigger risk than quantum attacks, arguing shrinking bull-market gains could make Q-Day a turning point.
He made the argument while explaining why he is holding only Ether (ETH) this cycle. 江卓尔 described RWA as blockchain’s biggest and only source of social significance, a view that he said points to Ether.
He called a quantum attack a minor risk for Bitcoin (BTC). 江卓尔 argued that U.S. equity-market capital has already entered Bitcoin and that its gains have diminished with each bull market.
If Bitcoin’s gains fail to outpace the Nasdaq, many holders may cash out at elevated prices, he said. That could turn a cycle of rising prices, accumulation and further gains into a negative feedback loop, in his view.
江卓尔 said Bitcoin lacks the use-driven demand floor he sees in gold and Ether. He described Q-Day, the day a quantum attack occurs, as coinciding with that turning point from strength toward decline.