At a recent blockchain conference in Hong Kong, industry leaders highlighted urgent technological and regulatory challenges. Executives debated the quantum computing risk to Bitcoin and expressed optimism about pending U.S. regulatory clarity, while acknowledging current infrastructure may not yet support trillion-dollar institutional flows.
Executives at a Hong Kong conference emphasized addressing Bitcoin’s technological risks, stating clear U.S. regulations are urgently needed. Justin Sun of Tron discussed prioritizing standards for artificial general intelligence to use blockchain.
A panel debated quantum computing as a potential threat to Bitcoin. Charles Edwards of Capriole Investments argued, “Today, you kind of have to start to discount the value of Bitcoin based on that risk until it’s solved.”
Other panelists were less alarmed, with Matthew Roszak of Bloq and Hemi describing the necessary upgrade process as simple. Akshat Vaidya from Maelstrom called it an existential threat but predicted a proportionate response.
Discussion on the U.S. CLARITY Act revealed a more favorable regulatory shift. Sean McHugh of Dubai’s Virtual Assets Regulatory Authority noted the U.S. environment has changed significantly since he left.
Craig Salm, chief legal officer at Grayscale Investments, observed that past conflicts between the SEC and CFTC have been replaced by coordination. He stated this cooperation is exactly what the industry needs.
On infrastructure readiness for massive capital, panelists expressed doubts. A.J. Warner from Offchain Labs said the sector is probably not yet ready for trillion-dollar flows.
Joanita Titan of the Monad Foundation agreed, noting billion-dollar processing is feasible but trillion-dollar scale is not. Warner identified network scaling, resiliency, and user experience as the largest bottlenecks.
