Jim Cramer Plans to Sell Bitcoin Over Quantum Computing Risks, IBM CEO Warns 3-4 Year Window

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Jim Cramer said on CNBC on Monday (August 4) that he plans to sell his Bitcoin after IBM CEO Arvind Krishna warned on July 30 that investors should become "rather paranoid" about quantum computing's threat to cryptocurrency within three to four years. Krishna noted IBM's progress toward commercially useful quantum machines during their on-air exchange. Google Quantum AI's March research estimated that breaking Bitcoin's cryptography would require about 500,000 physical qubits, roughly 20 times fewer than earlier estimates.
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