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Are quantum computers really going to end Bitcoin?
Today I want us to talk about a topic that sometimes scares us, but it's better to understand it so we don't fall into panic: quantum computing.
Surely you've heard that these supercomputers could hack our wallets. But, wait a moment! A new report from CoinShares (one of the largest fund managers in the world) has just clarified things with the truth on the table.
It turns out that only a very small part of the old Bitcoins (just 8%) could be at theoretical risk. But the most interesting thing is this: an attacker couldn't get in and take everything at once.
They would have to break thousands of tiny accounts one by one. It would be so slow, noisy, and costly that it's simply not worth it.
Moreover, we are more than 10 years away from having a machine with such power! To give you an idea, the most advanced computers from Google today are like a toy compared to what would be needed to compromise Bitcoin.
What I always tell you is that technology doesn't stay still. New types of wallets are already being designed so that when the time comes, we are more than protected. Bitcoin is not a crisis; it is an engineering challenge that we will overcome with a lot of honesty and knowledge.
Now tell me, have you ever felt afraid that quantum technology could affect your Bitcoin savings, or are you one of those who fully trust the evolution of the network?
I read your comments!
