Replies to post #72247 on Coin Citadel (CCTL)

[I-Glow]

But those that shorted Bitcoin have done very well.

If you remember Moore's law it states that - "observation that the number of transistors in a dense integrated circuit doubles about every two years. Moore's law is an observation and projection of a historical trend".

But that changed as the time to double the integrated circuit. And it was an observation not a Law of Physics.

The Crypto winter is another observation not a Law - Quantum computing is coming close to being a reality.

"In the case of blockchain systems, the cryptography protecting their tamper-proof ledgers may be at risk. Researchers at the University of Sussex estimated in February that a quantum computer with 1.9 billion qubits could essentially crack the encryption safeguarding Bitcoin within a mere 10 minutes."

That will change all of the current "Crypto Winter" etc observations.

Bitcoin is being treated as a security not a currency.

The SEC regulating crypto - will have unintended consequences.

At this time your crypto/money is not safe - as there are data breaches every week.

IG

Which means Monero is still the king of privacy.