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【Google Quantum Computing Throws Cold Water on Security, Is It Safer Than Bitcoin?】
On April 1st, a research report from Google caused a stir in the crypto community: the resources needed for a quantum computer to crack Bitcoin private keys may be much lower than previously estimated. This means the narrative of Bitcoin being "absolutely secure" is beginning to loosen.
Once the news broke, fierce debates erupted. Some believe this is a risk 10-20 years down the line and don’t need to worry; others are concerned that upgrading Bitcoin’s decentralized key system is far more difficult than traditional systems.
Interestingly, institutions don’t seem to be stopping. Strategy has already spent $5.6 billion buying Bitcoin this year, while Circle’s stock price has fallen 28% from its high. On one side, technical cracks are emerging; on the other, institutions are hoarding aggressively—some are betting on tomorrow’s security, others on today’s consensus.
Quantum computing is not a challenge exclusive to Bitcoin, but it is the hardest to address. Will Bitcoin find a way out like it did with the Taproot upgrade, or will it ultimately be swept away by technological waves?
What’s your opinion? Share in the comments 👇
⚠️ The market carries risks; invest cautiously!
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