Part 7/8:
While the conversation typically centers around Bitcoin’s vulnerabilities, it is essential to recognize that quantum computing presents a significant risk to a vast array of systems that rely on public-private key cryptography. This includes banking systems, military communications, and even crucial government databases, which could face vulnerabilities under a quantum threat just like Bitcoin.
Thus, despite Bitcoin’s present valuation as a $2 trillion asset, advocates for cryptocurrency believe the community will remain vigilant against impending quantum developments. This growing recognition of risks encourages tangible adaptations within the Bitcoin ecosystem.