About whether quantum technology has a profound impact on Bitcoin!!!
There are always skeptics who believe that Google's quantum technology will pose a threat to Bitcoin. If quantum technology can indeed crack the elliptic curve cryptography public and private keys behind Bitcoin, then the impact on the real world would be nearly revolutionary:
1. Banks and trading systems would cease to exist
Interbank transactions, credit card payments, and other systems that rely on modern cryptographic technology would be vulnerable. Attackers could forge data and steal funds.
2. Cryptocurrencies like Bitcoin are just the tip of the iceberg
Many financial systems use simpler encryption technologies like RSA and ECC, which are even less secure than cryptocurrencies. The security of these systems is about as sturdy as paper.
3. Communication security
Consider the most common HTTPS and SSL technologies; your online shopping, WeChat, various chat contents, emails, and banking websites could all be easily monitored.
4. State secrets
If quantum computers and quantum technology truly exist, even the encryption layers of nuclear bomb data would be vulnerable, and nuclear codes could be easily cracked.
So, when Google's quantum technology reaches a certain level of development, what you should worry about is not whether Bitcoin will be worthless, but rather that the underlying logic of every aspect of this world has been completely rewritten.
The world will have a completely new set of rules. If the significant drop two days ago was due to this news from Google, then those who have a deeper understanding should really consider investing heavily to take advantage of those with lower awareness.