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Is Google’s supercomputer about to DESTROY Bitcoin?
Submit a Press Release. In particular, the quantum computer will destroy some of the cryptographic principles behind the blockchain. What do we have to modify to recover security? Can we possibly use quantum technologies to improve the Blockchain? We hope that it will help you get a clearer understanding of the interaction between two of the most interesting recent innovations in IT.
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Can Blockchains Survive the Quantum Computer? Suppose you were asked to rank the most significant innovations in IT over the last few years.
Speaking after Bitcoin's peak this year, he concluded that it was "nigh on impossible to forecast" its price, making it "almost uninvestable from a portfolio perspective". According to Financial News, Mr Moser added: "With spikes in volatility that are multiples of that typically experienced by risk assets such as equities or oil, many would probably throw the cryptocurrency out of any portfolio in a typical mean-variance optimisation. Yet, others - including value investor Bill Miller - claim the currency will only get stronger, as the price of Bitcoin rises.
Mr Miller stated as it was still in the "early stages of the adoption cycle", volatility will always come with the currency. He explained that Bitcoin's total supply is building at less than two percent a year, and that it was "obvious by the price that demand is growing much faster than that".
Quantum "Burglary" Could Annihilate Crypto - Inside Quantum Technology
Talking to The Exchange on YouTube, the founder and chief investment officer of Miller Value Partners said: "As long as that obtains, Bitcoin is likely to go higher and perhaps considerably higher. The journalists who worked on this article do not own Bitcoin.
Bitcoin: Expert discusses recent drop in cryptocurrency value. He added: "There are still people who question whether quantum computers will be a reality.