Hello, crypto enthusiasts! 👋
On XTwitter it's hot again! This time they are discussing a hypothetical quantum threat to Bitcoin. The essence of the scare story: the emergence of a powerful enough quantum computer that could break old BTC wallets (including, possibly, even Satoshi Nakamoto's addresses!).
What are they discussing? Simulations show that if about ~1 million BTC are dumped on the market at once from these "hacked" addresses, the price could crash to $3! 📉
💥 How real is the Quantum Threat?
From a technological standpoint, the quantum threat is quite real in the long term. Quantum computers are capable of breaking cryptographic algorithms used in current BTC wallets (especially those that have reused addresses multiple times).
Market Shock: If this happens, the shock to the market will be unprecedented. Can the market survive such a crash and mass panic? That's the main question.
Long-term Solution: The history of cryptography shows that there is always a response to any threat. Post-quantum cryptographic algorithms (such as Falcon, Dilithium, Kyber) are actively being developed, and their integration into the Bitcoin protocol is only a matter of time and consensus.
🧐 Summary and Action Plan
Currently, this is more of an exciting but unlikely scenario for the near future. However, it serves as a reminder of the need for constant technological evolution.
$3 for BTC? Sounds like a joke, but in our world, anything is possible! 😅
Overall: Let's scatter the limits! With this market, we might soon go to close the GAP at $3! 😉 (Just a joke, of course, but who doesn't take risks...)
👉 What do you think?
Quantum Apocalypse – inevitability or hype?
What will be the real market reaction?
At what price would you 'scoop up' Bitcoin if that happened?
