The Crypto Risk No One Is Discussing

And it's potentially right around the corner.

With bitcoin hovering near $65,000, down about 50% over the last year, the mood across crypto has become increasingly subdued lately.

For most of the 2020s, cryptocurrency transformed from a niche financial experiment into a major political issue. What began as a technology debate evolved into a cultural and ideological battleground, with Republicans increasingly positioning themselves as defenders of digital assets and free markets while Democrats often emphasized consumer protection, financial oversight, and regulatory scrutiny.

Aside from worrying about adoption, quantum computing and things like what would happen if Satoshi’s bitcoin ever moved, I see another major risk for bitcoin holders and crypto advocates that isn’t being talked about nearly as much as I think it should It’s not technological, macroeconomic or regulatory—at least not in the way most people think.