Former US Treasury Secretary Calls Trump’s National Bitcoin Reserve Proposal ‘Crazy’ | TheSpuzz

Former US Treasury Secretary Calls Trump’s National Bitcoin Reserve Proposal ‘Crazy’ | TheSpuzz

Source: Bitcoinist President-elect Donald Trump’s proposal to establish a national Bitcoin reserve has ignited a wave of criticism from economic experts, including former Treasury Secretary Larry Summers.  Summers, who managed the US national gold reserve during Bill Clinton’s administration, described the idea as “crazy” and lacking a clear purpose in a recent interview. Bitcoin Reserve…

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Is Bitcoin At Risk? What Google’s New Quantum Chip Means

Is Bitcoin At Risk? What Google’s New Quantum Chip Means

Source: Bitcoinist On December 9, Google’s CEO Sundar Pichai revealed “Willow,” a quantum computing chip that he claims represents a pivotal milestone in the quest for scalable quantum systems —raising immediate questions about its implications for Bitcoin’s long-term cryptographic security. While quantum computing has long promised breakthroughs, Willow’s reported ability to dramatically reduce error rates…

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