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Why did the crypto market suddenly dump?
It all started with a tweet from Sundar Pichai, CEO of Google.
He posted that Google has achieved a quantum computing breakthrough with a new chip capable of solving computational problems in under five minutes.
We all know that the Quantam computer was always used as a threat to $BTC , $ETH
People started to panic as they thought that now $3.6 trillion worth of #crypto assets are at risk of being compromised by Quantum computers.
But the fact is to crack #Bitcoin encryption it would require over 1,000,000 qubits, but what Google has achieved so far is just 105 qubits.
BITCOIN is SAFU; DON'T PANIC.
It all started with a tweet from Sundar Pichai, CEO of Google.
He posted that Google has achieved a quantum computing breakthrough with a new chip capable of solving computational problems in under five minutes.
We all know that the Quantam computer was always used as a threat to $BTC , $ETH
People started to panic as they thought that now $3.6 trillion worth of #crypto assets are at risk of being compromised by Quantum computers.
But the fact is to crack #Bitcoin encryption it would require over 1,000,000 qubits, but what Google has achieved so far is just 105 qubits.
BITCOIN is SAFU; DON'T PANIC.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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