š Russia's Influence on Bitcoin
Putin and Russia's Finance Minister are planning to use Bitcoin as a global payment system.
This could increase Russia's geopolitical and economic significance in the Bitcoin market.
š Impact:
The market's trust in Bitcoin could increase, and it may solidify its position as a safe-haven asset.
---
š Quantum Computing and Cryptocurrency Threat
Google's 'Willow' Quantum Chip presents a challenge to Blockchain Encryption (Source: investopedia.com).
Risk: Wallets and Private Keys could be compromised due to Quantum Attacks.
š Solution:
Quantum-Resistant Blockchain Technologies need to be implemented.
š Impact:
Quantum-Ready Wallets will become crucial for investors, and developers must prioritize using Quantum-Safe Encryption.