Future Of Bitcoin = Shut Down?

It will soon become the currency of the seven kingdoms
Peter_Dinklage_bitcoin_gif.jpg
 
Wouldn't people just use a quantum computer to simply generate an encryption that wasn't easy to break? Like we did when 64-bit computing came along. The principal of a two-way handshake seems solid, all you need to do is generate an encryption that is beyond whatever technology can brute force attack. So we might see something crazy like 64GB encryption, rather than 128Bit.

-ThopHayt

But that'd be impossible for Bitcoin since the vulnerable blockchain is already out there. I assume that before any quantum computer is released, that the people behind it will give the world time to adapt before they release the thing, otherwise it's gonna be a meteor impact on everything.
 
But that'd be impossible for Bitcoin since the vulnerable blockchain is already out there. I assume that before any quantum computer is released, that the people behind it will give the world time to adapt before they release the thing, otherwise it's gonna be a meteor impact on everything.

That would be a problem. BC would have to release some major upgrades or something, but given the massive incentive to succeed I suppose they could pull it off.

I'm not a big BC believer, since it's essentially a currency speculation and I'm into investing rather than gambling, but they have been pretty impressive from a success standpoint.

-ThopHayt
 
You should move to a communist country sounds like you hate freedom and love for the commie to protect, regulate and @$@#$@# you which you probably descrve . Freedom is not for people like you nor is BTC so take a hike!
 
You should move to a communist country sounds like you hate freedom and love for the commie to protect, regulate and @$@#$@# you which you probably descrve . Freedom is not for people like you nor is BTC so take a hike!

Lol
 
Dropped to 2k after a spike of almost 3K

Was predictable tho...

$100 invested in 2010, would be worth $2 000 000+ !
 
for me its tooo risky .... but i am pisst not investing 4 years ago ;)
 
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