Please explain why, having this technology, you would focus on Bitcoin?
Why not Fedwire, and take trillions from the banking industry?
Do hackers really think this small?

Polymarket
@Polymarket
04-01
BREAKING: Google research reveals quantum computers may be able to crack Bitcoin's private keys in just 9 minutes.
Banks have a trusted session with their counterparties that doesn’t require any encryption. Your checkbook has your private key printed on it. P(fraud) will go up, and so will the cost of credit as a result.
ok
i) bitcoin is secured by cryptography, banks are secured by trust. this is a cryptographic attack. you cant call the ceo of bitcoin to freeze the assets
ii) banks do not publicly publish pubkeys to be decrypted, bitcoin does
iii) bank txns are controlled and reversible, bitcoin txns are not
iv) banks can push an update in seconds, bitcoin cannot
v) a bank has central monitoring systems, bitcoin does not. an attack wouldn't even be attributable in a decentralized system
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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