Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Charles Hoskinson, the founder of Cardano, has publicly stated that Bitcoin’s proposed quantum defense is both technically misrepresented and functionally insufficient. A crucial detail that many media outlets overlook is that approximately 1.7 million BTC may be irretrievable, regardless of any developer decisions. This discussion arises as Bitcoin price forecasts are becoming increasingly optimistic.
In a video shared on his YouTube channel late Wednesday, Hoskinson analyzed BIP-361, the proposal from developer Jameson Lopp and others aimed at phasing out Bitcoin addresses vulnerable to quantum threats. He argues that BIP-361 is being promoted as a soft fork but would effectively necessitate a hard fork, as it invalidates the existing signature schemes that current users depend on.
“To actually do this, you need a hard fork,” Hoskinson stated plainly.
He labeled the soft fork description as misleading. Historically, Bitcoin’s development culture has viewed hard forks as breaches of the network’s immutability, making the political implications as critical as the technical ones. The wider debate on quantum security has been escalating throughout the industry for several months.
Bitcoin developers just proposed freezing early BTC wallets forever
Bitcoin developers, led by Jameson Lopp, have released BIP-361, a post-quantum migration proposal. It requires holders to transfer their coins to quantum-resistant addresses or risk permanent freezing by the network.… pic.twitter.com/X0JuPg26Ez— BSCN (@BSCNews) April 15, 2026
The underlying issue lies in the recovery mechanism. BIP-361 suggests that users with frozen quantum-vulnerable assets could retrieve them through a zero-knowledge proof linked to a BIP-39 seed phrase. Hoskinson notes that around 1.7 million BTC, including an estimated ~1 million coins associated with Satoshi Nakamoto, predate the introduction of BIP-39 in 2013. Consequently, no BIP-39 seed phrase exists for those wallets.
The zero-knowledge recovery method simply does not apply. According to this analysis, Satoshi’s coins are fundamentally unrecoverable under the current proposal, regardless of how the fork is resolved.
Discover: The best crypto to diversify your portfolio with
Bitcoin Price Prediction: Fork or no Fork, $250,000 the Target
Hoskinson’s doubts regarding Bitcoin’s protocol governance have not diminished his price expectations. He has publicly forecasted that BTC will reach $250,000 by mid-2026, a threefold increase from current levels, attributing this to institutional inflows, integration of the Magnificent 7 tech, the forthcoming Clarity Act, and ongoing end-user growth as key factors. He reiterated this prediction during a Bloomberg interview at TOKEN2049 Singapore.
HOSKINSON PUSHES HIS $250K BITCOIN TARGET TO LATE 2026.
After initially predicting $250,000 for $BTC by the end of 2025 in April and then adjusting it to mid-2026 in October, he now anticipates it will occur by the end of 2026. pic.twitter.com/uyCKexxoKF— Coin Bureau (@coinbureau) November 23, 2025
Related Posts
Currently, Bitcoin’s price, just below $74,000, indicates a significant recovery from the sub-$66,000 low prompted by concerns over a potential conflict with Iran. Earlier this month, the peak reached $73,000; BTC has now convincingly surpassed that threshold. Analyst consensus has been progressively adjusting upward as macroeconomic challenges diminish.
BTC USD, TradingView
The quantum discussion presents an unpredictable element that existing price models do not account for accurately. If BIP-361 encounters delays or necessitates a hard fork, short-term volatility is almost certain to follow.
Discover: The best pre-launch token sales
Bitcoin is Getting Forked, Hyper is Here to Fix
Bitcoin’s limitations are precisely what is driving confidence in the layer-2 thesis at this moment. For BTC to return to highs above $120,000, its potential upside requires institutional scale, as the asymmetric early-stage returns that individual traders once found in spot BTC have largely diminished.
Bitcoin Hyper ($HYPER) is strategically positioning itself to fill that gap. It is the first Bitcoin Layer 2 that integrates the Solana Virtual Machine (SVM), offering faster smart contract execution than Solana itself while maintaining Bitcoin’s foundational security.
The project has secured $32 million at a current presale price of $0.0136, with a high 36% APY staking already available. Key infrastructure includes a Decentralized Canonical Bridge for BTC transfers and extremely low-latency transaction processing, addressing Bitcoin’s three main bottlenecks simultaneously: slow speed, high fees, and lack of programmability.
The presale has been gaining momentum precisely as the Bitcoin protocol debate raises concerns about the adaptability of the base layer.
Research Bitcoin Hyper before the current price tier closes.
The post Bitcoin Price Prediction: Cardano Hoskinson Says BTC Fix Can’t Save Satoshi Bags appeared first on Cryptonews.
