Bitcoin Quantum-Break Catastrophe Is Pure FUD, Says Gabor Gurbacs
A heated debate erupted on X this weekend after Gabor Gurbacs, founder of Pointsville and strategic advisor to Tether, dismissed growing fears about Bitcoin’s vulnerability to quantum computing. In a series of posts, Gurbacs called the notion of a “quantum doomsday” for Bitcoin “pure FUD,” arguing that Bitcoin’s cryptographic foundations are already resilient and adaptable […]
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Ethereum (ETH) is showing early signs of stabilization after a turbulent month, bouncing back above the crucial $2,800 level as fresh institutional inflows reignite optimism across the market. Related Reading: Bitcoin Quantum-Break Catastrophe Is Pure FUD, Says Gabor Gurbacs ETH currently trades near $2,821, up modestly over the past 24 hours, with traders closely watching […]
As global markets enter a tense, data-heavy week, traders across both traditional finance and digital assets are bracing for heightened volatility. Related Reading: Bitcoin Quantum-Break Catastrophe Is Pure FUD, Says Gabor Gurbacs A wave of critical U.S. economic releases, paired with rapidly shifting expectations around Federal Reserve policy, is shaping what could be one of […]
Gabor Gurbacs, an executive at VanEck and the founder of PointsVille in a recent acknowledgment of the expanding significance of cryptocurrencies in the financial landscape has commended Argentina and El Salvador for their innovative efforts in promoting Bitcoin and establishing a free crypto economy. Gurbacs emphasized how these countries’ leaders, Javier Milei and Nayib Bukele, […]
At this point, no one can deny that Bitcoin has begun a new bull market. The 500% rally and new all-time high in 2020 is all the evidence that is needed. But that doesn’t mean that corrections won’t soon come, and according to VanEck’s digital asset director, Gabor Gurbacs even a +50% price drop will […]
Quantum computing is a form of computing based on quantum physics. Where classical computers rely on bits (zeros or ones) to make calculations, quantum computers use quantum bits (qubits) that leverage quantum mechanics to exist in a “superposition”: a combination of zero and one, with some ...