Tom Lee: Quantum risks might be reshaping Bitcoin's ownership structure In a podcast, Tom Lee pointed out that Bitcoin has been running for about 14 years now. The earliest batch of crypto natives—holders who were in their twenties back then—have now entered a more mature stage of life, with many of them having accumulated considerable wealth. This is driving changes in Bitcoin's ownership structure, as some early holders are starting to sell their Bitcoin. At the same time, he mentioned a potential risk more specific to Bitcoin itself—quantum computing. With the rapid development of quantum technology, about one-third of Bitcoin wallets currently cannot be upgraded, meaning they are vulnerable to quantum computing. In contrast, the traditional financial system can address similar risks by forcing users to upgrade passwords and security standards. However, in the Bitcoin network, some wallets that haven’t been upgraded for a long time (such as those associated with Satoshi Nakamoto) pose structural challenges. To truly solve this issue, it might ultimately require a Bitcoin fork.