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I agree that quantum computers that can break classic encryption is not coming any time soon. Maybe not ever As for the Bitcoin market cap. That’s completely m
by audunw 2y ago
I agree that quantum computers that can break classic encryption is not coming any time soon. Maybe not ever
As for the Bitcoin market cap. That’s completely meaningless. There’s not $2T of value in Bitcoin. Any cryptocurrency can reach millions or even billions in market cap, and then go to zero in a day.
If make a cryptocurrency, give myself a trillion coins and sell you one for one dollar, does that mean that the market cap of one trillion dollars represents that there’s actually a trillion dollars of value in that cryptocurrency?