Post
Topic
Board Bitcoin Discussion
Re: Google possesses threat to bitcoin. What do you say?
by
chaoscoinz
on 17/11/2019, 20:47:35 UTC
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered. Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
I think people are getting a little too carried away with the phenomenon of quantum computing, it's like they've seen way too many science fiction movies  Grin. The quantum computers available today can only do certain types of calculations, and they do  them exceptionally well, better than most supercomputers. Today's Q-bit quantum computing is in it's infancy, so there there are a few shortcomings like the DECOHERENCE problem. It is one of quantum computing major flaws at the moment. However, remaining optimistic, some time within the future the DECOHERENCE problem will definitely be solved, but most likely not any time soon.