Community Articles

via BeInCrypto · By BeInCrypto Editorial

Tim Draper Says Bitcoin is Safer from Quantum than Banks

BTC

BTC/USDT

$84,012.01

-0.69%

$84,012.01

-0.69%

(24s)

24h Volume

$14,868,221,679.57

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.1%

Long: 58.1%Short: 41.9%

Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

BeInCrypto Editorial

(06:30 AM UTC)

1 min read

Updated byJames Mitchell

0 comments

Tim Draper says quantum computing will crack banks before it touches Bitcoin. But the reason has nothing to do with Bitcoin’s encryption strength.

In a post on X, Draper pointed to banks’ legacy infrastructure and Bitcoin’s network recovery mechanism as the reasons the blockchain outlasts the dollar in a quantum future. Both arguments have merit. But Bitcoin’s most criticized flaw, its complete…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Live BTC price →More BTC news →

Comments