Community Articles

via BeInCrypto · By BeInCrypto Editorial

Tim Draper Says Bitcoin is Safer from Quantum than Banks

BTC

BTC/USDT

$79,750.00
-0.25%
24h Volume

$13,119,006,928.34

24h H/L

$80,112.11 / $78,660.00

Change: $1,452.11 (1.85%)

Long/Short
52.7%
Long: 52.7%Short: 47.3%
Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,622.55

-0.05%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$82,300.00
Resistance 1$79,916.17
Price$79,622.55
Support 1$78,324.21
Support 2$76,172.06
Support 3$74,131.55
Pivot (PP):$79,916.17
Trend:Sideways
RSI (14):66.3
BE
BeInCrypto Editorial
(06:30 AM UTC)
1 min read
JM
Updated byJames Mitchell

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 →

Comments
Comments