Bitcoin + Gold Correlation Increases | Futures Volumes Explode | IBM Quantum Advancements A Threat?
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SHOW TOPICS:
Is Bitcoin turning into extra correlated with gold?
https://decrypt.co/16206/bitcoin-gold-the-uncanny-relationship-between-the-two-assets
Bitcoin futures volumes explode throughout the board
https://bitcoinist.com/bitcoin-futures-volumes-explode-after-price-swing/
IBM doubles its quantum computing functionality at CES is that this a risk to Bitcoin?
https://decrypt.co/16211/quantum-computing-boost-for-ibm-but-bitcoin-stays-safe
https://cointelegraph.com/news/will-googles-quantum-supremacy-break-bitcoin-in-2020
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Hey BTC Sessions. I have a 2 questions for you:
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2. What happens if I open a channel with my node and a lose internet connection for a minute or something like that? Would I lose my BTC?
Thank you!
Can you save 300 dollars a month? Then buy 3 grams of GOLD, 2 oz of SILVER and the rest BITCOIN.
I watched a tv interview with a quantum computing scientist.
What I gleaned was that, as stated, this was a significant advancement involving 53 Qbits with 99% error correction.
Also it was particularly suitable for cracking ECDSA cryptography such as what Bitcoin uses. However he said it would take 2 or 3 million Qbits at a 10 times error correction improvement to crack the ECDSA. Also that is unknown whether it would be scalable.
Essentially he was saying it was many years off. Furthermore whilst it would require a soft fork, there are alternative cryptographic solutions, and whilst it wouldn't be easy, it could be planned for.
To me it seems like a bit of scare mongering.