One of the reasons for Bitcoin correction.
One of the reasons for Bitcoin correction 👨🦳 is the announcement of a quantum Computer 🖥️ from Google
The network is actively promoting the theory that the emergence of the quantum computer "Willow" could threaten the existence of cryptocurrencies
◻️ Google's Willow quantum computer does not pose a threat to Bitcoin, at least in the coming years or decades
◻️ Google's Willow chip has reached 105 qubits, but this is far from the level required to break Bitcoin's encryption (13 million qubits)
◻️ Bitcoin developers are already working on making Bitcoin quantum secure
◻️ If hackers figure out how to use quantum computing to hack Bitcoin, the entire traditional banking system will also be targeted
◻️ For Willow to pose a threat to the cryptocurrency industry, it must: first, be cheap, and second, become accessible and popular.
And neither of these will happen. Just take a look at the availability of NVIDIA H200.