Today I saw many friends talking about Google releasing anti-quantum measures, which reminded me of the Y2K bug meme. Many people born after 2000 might not know what the Y2K bug is.
Back in the year 2000, many old systems saved storage space by only writing the last two digits of the year, for example, 1999 was written as 99, and the year 2000 became 00. This led many people to worry that once they crossed into the year 2000, systems in banking, aviation, government, electricity, and communication would malfunction or even collapse because they couldn't correctly recognize the year.
So in 1999, the media kept amplifying the risks, and the market was filled with tension. As a result, when January 1, 2000, arrived, the world did not crash as many feared.
But this does not mean that the Y2K bug was fake; rather, it was because the problems had already been resolved before it could truly erupt.
Now many people discuss quantum computing and Bitcoin, which is somewhat similar to the Y2K bug back in the day. It's not that the risks don't exist, but whether the entire system has enough time to complete migration and repair before it truly becomes destructive.
So when seeing Google promoting anti-quantum measures, it shouldn't be directly interpreted as Bitcoin ($BTC) will be doomed by 2029, but rather that they have already started preparing to address this issue.
When the day comes that quantum computing can practically break Bitcoin, the first to suffer won't just be Bitcoin, but the entire traditional world built on the public key cryptography system.
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