Curious Cryptos’ Commentary 30th December 2024 — NFK 3 of 9, & the risk of quantum computers | by Mark Timmis | Coinmonks | Dec, 2024

tl;drThe third of the nine NFKs. The quantum computing threat to cryptos.Market SnapMarket WrapThe techies are back out in force predicting a slide to sub $80k for BTC, which would mean a 35% drawdown from the current ATH. Anything is possible but for long-term investors who only buy on the spot market, it matters not the exact path taken, but only the end destination, and that is wholesale adoption of BTC by the TradFi industry and investors worldwide.Occasional Series — Project K: Flat Cat. NFK 3 of 9https://www.curiouscryptos.com/projectkCurious Cryptos’ Commentary — Quantum computersThe potential risk posed by quantum computers to current cryptography technology has been known about since cryptos were invented. It was first addressed by the CCC nearly three years ago on 1st April 2022.But just because this is old news does not mean it has no relevance. In these quiet in between days before the next year…