Quantum Computing, Bitcoin’s Collapse, and Gold's Rise.
— Dr. Jim Willie (@dr_jimwillie) December 28, 2024
1. The Quantum Threat to Bitcoin
Quantum computers are rapidly advancing, threatening Bitcoin's SHA-256 algorithm. Once the system’s cryptographic foundation is cracked, the blockchain's security will crumble. Bitcoin…
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It’s doom to a certain point, understand I think Bitcoin is a scheme designed by the China, that’s where it originated from. If Bitcoin goes as he says, President Trump will look very foolish. That isn’t happening. But I think dealing with virtue money is like letting a blind man drive your car, it will go some distance but an accident is going to happen. When you see the banks and globalists embrace Bitcoin. Just Remember Back To 1913!
I like #3 and especially #6.
My Five B’s Of Existing:
Bible—Beans—-Bullets—-Band-Aids—-Bullions
Bitcoin is a scheme. Who’s and for what purposes are debatable but it’s not to be trusted. Anyone who does risks losing money, perhaps a life’s savings.
While this could be true, it would not be just bitcoin that would collapse. All public-key cryptography is at risk, that includes virtually all modern communications, include *all* bank transactions.
Older “shared secret” encryption would be impacted less, but due to it’s “key scheculing problem”, it is seldom used anymore, for a vast field of products, *only* public-key systems can work. (due to the key scheduling issue)