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Federal Reserve Warns of Quantum Risks to Cryptocurrency

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by Tomas Novak

28 minutes ago


The Federal Reserve has issued a cautionary statement regarding the potential risks posed by quantum computing to the security of Bitcoin, raising concerns among investors about the cryptocurrency's stability. According to the official information, the implications of these technological advancements could significantly impact the future of digital currencies.

Влияние квантовых вычислений на безопасность Bitcoin

Researcher Megan Rodden emphasized that advancements in quantum computing could significantly undermine Bitcoin's security protocols, which are currently reliant on traditional cryptographic methods. As these technologies evolve, the implications for Bitcoin could lead to increased volatility in the market, potentially shaking investor confidence.

Спекуляции о цене Bitcoin и угрозы квантовых технологий

This warning comes at a time when speculation about Bitcoin reaching the $100,000 mark is rampant. However, the uncertainties highlighted by the Federal Reserve suggest that any immediate price surge may be tempered by the looming threat of quantum computing. This is prompting investors to reassess their strategies in light of these developments.

In light of the Federal Reserve's recent warning about quantum computing risks to Bitcoin, Cathie Wood has expressed her unwavering optimism for the cryptocurrency, projecting a price target of $1.5 million by 2030. For more details, see read more.

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