Hafiz Faheem
Open Trade
Frequent Trader
4.4 Years
20 Following
2 Followers
0 Liked
0 Shared
Posts
Quotes
“Bitcoin’s Countdown Has Begun”: Experts Reveal When Quantum Computers Will Finally Shatter Its Legendary Encryption
IBM's ambitious quest to launch the world's first fault-tolerant quantum computer by 2029 has reignited concerns among experts about the impending vulnerability of Bitcoin's cryptographic defenses, sparking a global debate on the cryptocurrency's future security.
$BTC
Quantum computing is rapidly advancing, raising alarm bells about the future security of crypto currencies like Bitcoin. As companies like IBM and Google push the boundaries of quantum technology, there is growing concern over when these powerful machines might break Bitcoin’s robust cryptographic defenses. The debate focuses on the potential of quantum computers to undermine the elliptic curve cryptography (ECC) and SHA-256 hashing algorithms that secure Bitcoin wallets and transactions. As experts weigh in, the timeline and implications of these developments remain a hot topic, with estimates varying from a few years to several decades.
IBM's ambitious quest to launch the world's first fault-tolerant quantum computer by 2029 has reignited concerns among experts about the impending vulnerability of Bitcoin's cryptographic defenses, sparking a global debate on the cryptocurrency's future security.
$BTC
Quantum computing is rapidly advancing, raising alarm bells about the future security of crypto currencies like Bitcoin. As companies like IBM and Google push the boundaries of quantum technology, there is growing concern over when these powerful machines might break Bitcoin’s robust cryptographic defenses. The debate focuses on the potential of quantum computers to undermine the elliptic curve cryptography (ECC) and SHA-256 hashing algorithms that secure Bitcoin wallets and transactions. As experts weigh in, the timeline and implications of these developments remain a hot topic, with estimates varying from a few years to several decades.
There’s a big capital rotation happening from Gold into Bitcoin
This should not be overlooked.
$BTC
This should not be overlooked.
$BTC
Bitcoin's Short-Term Holder cost basis is ~$98.1K. While recent corrections have bounced near this level, the Cost Basis Distribution shows denser supply just below, around $97K–$98K. This zone may act as the true pivot in the next drawdown as pressure builds on newer holders.
$BTC
$BTC
Login to explore more contents