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WSJ reheats Bitcoin’s quantum hack concerns, researcher calls it a ‘time bomb’

  • The Wall Street Journal (WSJ) has raised concerns over the potential quantum computing threat to Bitcoin (BTC).
  • A quantum computer could decipher private keys in minutes, rendering Bitcoin's security architecture obsolete.
  • If a quantum hack were to occur, it could have a $3 trillion impact on crypto and traditional financial markets.
  • Experts suggest that while there is a potential threat, efforts are being made to develop quantum-resistant cryptography.

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