"In theory, quantum computing could break the cryptography securing crypto assets like Bitcoin and Ethereum, but Buterin reasons that quantum computers like the one announced by Google are more proofs of concepts than fully realized technologies. The current cryptography used in major blockchains may also be strong enough to resist even fully realized quantum computers meaning not all cryptography would be vulnerable.
Quantum computers can not only be used to break cryptography—they could also help build more powerful encryption. Upgrade plans are in place for blockchains like Ethereum to resist quantum computers.
The Future
Even if we’re safe for now, the crypto world is not taking any chances. Quantum resistant blockchains like Praxxis and QAN are already under development in preparation for the potential quantum apocalypse. We can rest assured knowing—even if quantum computers start taking over the world—our crypto will be safe. "
I am a little disappointed that Xapo stopped doing business in the U.S. because they had an airgapped "vault" where users could store their crypto. I did that until they closed up shop in the U.S., so I then transferred it to one of those places where I at least earn interest.
They probably put in their short positions while the press releases about new all-time-highs go out.
The problem with "real" money is that they have printed too much of it.
If you send "real" money into bc and it "goes poof" one day is that the same as simply throwing it into the woodstove?
Not a Lawyer Did not sleep in a holiday Inn last night.
"In theory, quantum computing could break the cryptography securing crypto assets like Bitcoin and Ethereum, but Buterin reasons that quantum computers like the one announced by Google are more proofs of concepts than fully realized technologies. The current cryptography used in major blockchains may also be strong enough to resist even fully realized quantum computers meaning not all cryptography would be vulnerable.
Quantum computers can not only be used to break cryptography—they could also help build more powerful encryption. Upgrade plans are in place for blockchains like Ethereum to resist quantum computers.
The Future Even if we’re safe for now, the crypto world is not taking any chances. Quantum resistant blockchains like Praxxis and QAN are already under development in preparation for the potential quantum apocalypse. We can rest assured knowing—even if quantum computers start taking over the world—our crypto will be safe. "
https://decrypt.co/resources/quantum-computer-crypto-explainer-guide
I am a little disappointed that Xapo stopped doing business in the U.S. because they had an airgapped "vault" where users could store their crypto. I did that until they closed up shop in the U.S., so I then transferred it to one of those places where I at least earn interest.