Bitcoin's Scariest Risk Just Became More Likely to Happen. Should You Sell It?
View original at nasdaq.comBitcoin's Scariest Risk Just Became More Likely to Happen. Should You Sell It? Key Points Bitcoin is secured by encryption. That encryption is thought to be very burdensome to break with normal computers…
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Protocol upgrades will almost certainly arrive before any quantum machine can exploit the vulnerability for long-term investors
60% confidenceA full migration to quantum-resistant cryptography for Bitcoin could take about seven years
60% confidenceThe encryption-breaking risk posed by quantum computers wouldn't pose an actual threat for approximately 10 years (prior to Google's new research)
60% confidenceIf you need the money within five years, this new paper is a reason to temper your Bitcoin allocation
60% confidenceStock Advisor's total average return is 946% compared to 190% for the S&P 500
60% confidenceBitcoin was not identified as one of the 10 best stocks for investors to buy now
60% confidenceThe quantum threat window just shrank from a comfortable decade to perhaps five to seven years
60% confidenceBitcoin's encryption can be cracked within minutes by an optimized quantum computer that needs 20X fewer physical qubits than prior estimates
60% confidence
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