Eh. Stablecoins by definition aren't pump and dumps and have a clearly defined use case. It's a grey area between things like Cardano/Solana/Ethereum and Bitcoin.
Bitcoin on the path to irrelevance?
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Last: 2 days ago by Yukon Cornelius
[Stop trolling the board -- Staff]
Another reason to tread carefully...dont get left holding the bag: quantum hacking.
https://www.wsj.com/tech/cybersecurity/a-looming-threat-to-bitcoin-the-risk-of-a-quantum-hack-24637e29?st=zuLrsA&reflink=desktopwebshare_permalink
https://www.wsj.com/tech/cybersecurity/a-looming-threat-to-bitcoin-the-risk-of-a-quantum-hack-24637e29?st=zuLrsA&reflink=desktopwebshare_permalink
Quote:
"There is definitely a quantum apocalypse on the horizon at some point in the future, but that point is a sufficiently long time away that there is no need for panic," said Emin Gn Sirer, founder of the Avalanche cryptocurrency.
Bitcoin could be secured by adopting newer forms of encryption that can't easily be cracked by quantum computersbut such an overhaul could take years, crypto executives say. Because of bitcoin's decentralized nature, changing its technology requires broad consensus among people around the world who maintain its network. Past upgrades have been slow-moving and contentious.
Even after the community agrees how to quantum-proof bitcoin, there is another hurdle: Existing bitcoins would need to be moved into quantum-resistant addresses. Each individual or business holding bitcoins would need to execute such a transfer, or risk losing coins to quantum thieves.
Bitcoin is the safest network of quantum computers ever become a reality.
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