David Carvalho, the founder, CEO, and chief scientist of Naoris Protocol, discusses how Satoshi Nakamoto revolutionized the concept of money by introducing Bitcoin. However, the emergence of quantum computing poses a significant risk to Bitcoin's security. Quantum computers could potentially compromise Bitcoin's cryptography within the next few years, endangering the entire $2.2 trillion market cap. The shift to quantum-secure standards by government agencies highlights the urgency for the Bitcoin community to adapt. With advancements in quantum technology, the threat of quantum computers breaking traditional cryptography looms large. The need for proactive measures, such as transitioning to post-quantum cryptography and enhancing key management, is crucial to safeguard Bitcoin's future. Failure to act swiftly could result in irreversible losses for holders and undermine the integrity of the ecosystem. It is imperative for the Bitcoin community to evolve and prepare for the inevitable challenges posed by quantum computing. Read more AI-generated news on: https://app.chaingpt.org/news

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