Bitcoin....who's gotten into it?

[stalefish3169]

Quantum computing is gonna be a hot mess for crypto. They're going to try to protect it, but thats gonna be a helluva battle.

Do you realize that basically the entire world runs on encryption? If, and that's a big IF, quantum computers get to a point relatively soon when they can break popular algos such as SHA-256 there are going to be many things to protect far beyond crypto.

Secondly, there is already much work being done to protect BTC from quantum danger. The security measures can be updated to mitigate the threat with quantum resistant algorithms. It's not like this is some secret coming out of nowhere.

[stalefish3169]

Speaking of longer time frames for gold and Bitcoin, does this chart look bullish to you Jong? You buying this TA?

LMAO

[J. Barron DeJong]

Look, I get that you don not understand... well, pretty much anything, but I was not advocating for buying gold.

My point is that Bitcoin is not -digital gold-. Nor is it money. Nor is it an inflation hedge. Nor is it...

[4matic]

ETH going to zero?

[byates1]

[J. Barron DeJong]

Heh. He called you and stale grifters.

Anyway, seems like Bitcoin these days is being treated as if it is a tech stock, following the daily swings in Nasdaq.

[byates1]

Hopefully Trump continues to destroy things, BTC collapses to 50.