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via Decrypt · By Decrypt Editorial
US Government Makes $2 Billion Bet on Quantum Computing as Threat to Bitcoin Grows
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Decrypt Editorial(05:24 PM UTC)
1 min read
In brief
- The U.S. Department of Commerce will invest more than $2 billion in quantum computing startups and foundries.
- Researchers increasingly warn that “Q-Day,” when quantum computers can break current encryption, could arrive as early as 2030.
- Bitcoin, Ethereum, banks, and internet infrastructure all rely on cryptography that future quantum systems may eventually compromise.
The U.S.…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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