gold price is inflated by big miners corporation
but bitcoin also can crash down if powerful quantum computer are invented making the algorithme less secure .
That wont change anything.
Lets assume quantum computers come out... just like ASIC USB miners... instead of using my computer CPU, I could use a USB and almost get the same results. Well, lots of people bought them, then bigger and better rigs to mine. If a new computer comes out that mines bitcoin easier or with less electricity, people will just switch to that. But, thats just my opinion.
i'm not speaking about using the qunatum computuer to have the majority of mining power but about cracking somone private key after the public key get out (the public key of an adresse is public whenever you send money from it to someone )
so effectivly when those computuer are out you should alwayse use a bitcoin adresse to store bitcoin as long as you never send money from it
edit : unless the bitcoin change to another algorthime for the adresse keys
they could just change to another algorthime for the adresse keys if that happen but still if could impact bitcoin if the change is too late
you can read more here https://bitcoin.stackexchange.com/a/49488
gold price is inflated by big miners corporation
but bitcoin also can crash down if powerful quantum computer are invented making the algorithme less secure .
Thanks for the comment, could you please tell me more about making the algorithm less secure?
That wont change anything.
Lets assume quantum computers come out... just like ASIC USB miners... instead of using my computer CPU, I could use a USB and almost get the same results. Well, lots of people bought them, then bigger and better rigs to mine. If a new computer comes out that mines bitcoin easier or with less electricity, people will just switch to that. But, thats just my opinion.
i'm not speaking about using the qunatum computuer to have the majority of mining power but about cracking somone private key after the public key get out (the public key of an adresse is public whenever you send money from it to someone )
so effectivly when those computuer are out you should alwayse use a bitcoin adresse to store bitcoin as long as you never send money from it
edit : unless the bitcoin change to another algorthime for the adresse keys
Do you mean that the private key might be brake in the future?
Is this mathematically could happen!
Thus the theory of cryptocurrency could collapse .
they could just change to another algorthime for the adresse keys if that happen but still if could impact bitcoin if the change is too late
you can read more here
https://bitcoin.stackexchange.com/a/49488