Post
Topic
Board Bitcoin Discussion
Re: Google possesses threat to bitcoin. What do you say?
by
NeuroticFish
on 17/11/2019, 20:48:49 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

Quantum computers are not as stable as the "commercials" show them. They are not really usable yet afaik. And if the manage to crack Bitcoin, (way too) many other things become unsafe. And however, Bitcoin has certain protection and I expect it be quite low in the list of quantum tasks. I expect, for example, a good weather forecast be much more higher in the list.

Crypto provides security, can secure privacy

Bitcoin is pseudo anonymous, one has to be very careful if he cares about his privacy. (On the other hand there are plenty of coins that do offer privacy by default.)

What if google attracts millions of new investors?

Bitcoin is not just another thing to invest into. I expect more and more will understand that and choose Bitcoin.
Google, on the other hand, is just one successful company. People invest in companies before Bitcoin existence and will continue to do so. It doesn't really affect Bitcoin.


All in all, none of these "problems" are actual problems. Calm down  Wink