Retardation Level: Grandmaster
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🇫🇷 A GOVERNMENT JUST DECLARED BITCOIN'S ENCRYPTION OBSOLETE
France's cyber agency won't certify any security product without quantum-safe encryption after 2027.
It never mentions crypto. Not once.
But Bitcoin and Ethereum run on the exact algorithm France just rejected.
Elliptic curve cryptography.
The clock on "harvest now, decrypt later" just started ticking louder.
We have only 4 months left to accumulate $BTC. https://t.co/PpyJYpT9Ll
If you had told me in 2021 that
- there would be a pro-crypto president
- Bitcoin spot ETFs would get approved
- institutions would buy billions in BTC
I would have assumed a $200K BTC, $10K ETH, and a massive altseason.
Today we have all these things, and prices are even lower than in 2021.
Price Prediction
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Probabilistic Price Forecast (Next 24 Hours)This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
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What Is Bitcoin Mining?
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
