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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.…
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