Quantum Computing Could Disrupt Trump’s Planned Crypto Presidency
- Many of the world’s secrets, from individual finances to national security, rely on encryption.
- Major developments in quantum computing call for new security procedures, researchers told BI.
- Quantum computers could end encryption as we know it and risk geopolitical instability.
As Donald Trump prepares to take office, he’s leaning into his self-proclaimed title of “crypto president,” launching his own official meme coin and working on a potential federal reserve of bitcoin.
Crypto holdings are widely regarded as ultra-secure due to the blockchain they are traded on. The high value of cryptocurrencies like bitcoin, worth over $100,000 each at the time of publication, could serve as a hedge against…