Can Bitcoin be Hacked? [ Quantum Computers Explained ]

Imagine a computer that can solve a problem in minutes that would take today’s best supercomputers millions of years. Sounds like a science fiction movie, right? Well, Google’s brand new Willow chip is making that a reality, And it could change everything. Especially! If you’re holding Bitcoin or any crypto. In today’s Blum Academy, we’ll break down what the Willow chip is, explain quantum computing in simple terms, and answer the big question on everyone’s mind: Can Bitcoin be hacked? TIMESTAMPS 0:00 - Intro 0:35 - What is Quantum Computing? 2:05 - Quantum Entanglement 3:00 - Can Bitcoin Be Hacked? 3:15 - ECDSA 256 Explained 3:50 - SHA 256 Explained 4:43 - Is Quantum Computing a Threat to BTC? 5:15 - Bitcoin in a Quantum World ❗️DISCLAIMER: The information provided in this video is for informational purposes only and should not be interpreted as financial, legal, or tax advice. The content reflects the personal opinions of the speaker, who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies carries significant risk of loss, and the speaker does not guarantee any specific outcomes. Furthermore, Blum does not recommend that any cryptocurrency or meme token should be created, bought, sold, or held by the viewer of the video, and is not liable for any losses or gains incurred. Remember: memecoins are high-risk. Always do your own research (DYOR).