Episodes
Wednesday Jun 16, 2021
The race for quantum computing will claim everything "secure" today including Bitcoin
Wednesday Jun 16, 2021
Wednesday Jun 16, 2021
It's an interesting race: on one side, we have China and Russia and even Microsoft and Google all racing to create quantum computing which will claim everything we know as "secure" today.. Our online banking that we use, our password security on every website and even Bitcoin won't be immune to being 'cracked'. On the other side, we have people racing to create cryptography to meet the quantum computing challenge before that happens.
When you consider Bitcoin it has several other weaknessess that may make you question whether or not it should be considered a 'store of value' worthy of trillions of dollars..
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