Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus
Bitcoin has been underperforming compared to gold and equities, raising concerns about its stability as a store of value. This weakness has reignited fears regarding the potential impact of quantum computing on cryptocurrency security, as quantum technology could threaten the cryptographic algorithms that underpin Bitcoin. Analysts suggest that if quantum computing advances significantly, it could compromise the integrity of blockchain networks. As a result, investors are increasingly wary of Bitcoin's long-term viability amidst these technological threats. The ongoing performance disparity highlights the need for enhanced security measures in the crypto space.
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