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✉news BusinessCrypto first seen 9 h ago, last 1 h ago, peak #15

Peter Schiff floats shorting bitcoin on quantum hack risk, sees $600K top

Original: Peter Schiff Warns Quantum Hack Could Make Him ‘Short Everything’ On Bitcoin, Sees $600K Cycle Top

Longtime bitcoin critic Peter Schiff says a potential quantum computing hack could push him to short bitcoin entirely, while also suggesting the current market cycle could peak near $600,000. The comments mix his usual skepticism with an unusually high price target, drawing attention from both crypto supporters and critics who see the scenario as far-fetched or contradictory.

Why now: Renewed debate over quantum computing risks to bitcoin plus Schiff's surprising $600K price target are fueling discussion.

Peter SchiffBitcoin

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