Google's new chip Willow made a big statement that quantum computing is coming to the real world. That could also mean a future of cryptocurrency hacking.
A Looming Threat to Bitcoin
Explore seven bold predictions for crypto in 2025, from Bitcoin’s global impact to the rise of ETFs, DeFi and stablecoins, and more.
EMJ Capital founder and President Eric Jackson discussed the potential for Alphabet (GOOG)’s new quantum computing chip, Willow, being a potential Bitcoin and Nvidia killer on Making Money. Here is what he thinks about the new chip: As excited as people may have gotten about artificial intelligence in the past year,
Prediction markets estimate a 77% likelihood that at least one Magnificent 7 company will add Bitcoin to its balance sheet in 2025.
Researchers found in a yet-to-be-peer-reviewed study that the threat of quantum computers cracking Bitcoin encryption is very real.
As adoption accelerates, new price targets emerge, reflecting growing consumer interest and significant future investments.
Bringing your technology down … can be very, very costly, even if it's on for a few minutes or a few hours,” University of Kent lecturer Carlos Perez-Delgado said.
Post-quantum computing is still "decades away" but despite widespread concerns, it may further secure the Bitcoin network and its peer-to-peer transactions.
Google (GOOG) unveiled its “Willow” quantum computing chip this week, which can solve certain computational tasks in just five minutes—a feat that would take classical supercomputers 10 septillion years.
Japanese investment firm Metaplanet has scooped up $60 million worth of Bitcoin in its largest single purchase ever.
This significant leap forward in processing power leads to questions about Bitcoin’s legendary security, unbroken for 15 years since the genesis block.