Quantum threat to Bitcoin ‘neither existential, nor novel,’ Bernstein says
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Analyst Bernstein says the quantum threat to Bitcoin is neither existential nor novel. The threat refers to the potential vulnerability of Bitcoin's cryptography to quantum computer attacks.
Bernstein analyst says quantum threat to Bitcoin is not a major concern. The threat is related to quantum computers potentially breaking Bitcoin's cryptography. This could compromise the security of the cryptocurrency. However, Bernstein believes this threat is not new or existential. The analyst's statement aims to reassure investors about the security of Bitcoin.
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