The firm’s senior financial strategist is concerned the advancements in the field of quantum computing will break Bitcoin.

  • technocrit@lemmy.dbzer0.com
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    5 days ago

    Businesses/orgs that have smart leaders are already implementing (or have already completed implementing) post-quantum encryption algs/methods into their systems to protect them for when quantum computers and quantum programming mature,

    Is it actually smart though? Or are these people simply panicking about technology that may never exist?

    And there’s really no technical reason why crypto can’t switch to quantum safe encryption. The better cryptos are already transitioning.

    On the other hand I can easily imagine bitcoin being too dysfunctional to upgrade, but it’s always been a shitcoin relative to more advanced cryptos.