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Cardano (ADA) Founder Charles Hoskinson Issues Critical Warning Regarding Bitcoin (BTC): "If It Cannot Adapt, It May Lose Its Leadership!"

Charles Hoskinson, founder of Cardano (ADA), has issued a critical warning regarding Bitcoin (BTC). He stated that Bitcoin's most significant upcoming challenge will come from the advancement of quantum computing technology. Hoskinson argued that Bitcoin's governance model makes it difficult to implement major network upgrades, and if the network fails to adapt in time, it could lose its position as the world's leading cryptocurrency. In contrast, Hoskinson positioned Cardano as Bitcoin's "spiritual successor," designed to address technical shortcomings while preserving Bitcoin's core philosophy. He emphasized Cardano's on-chain governance system as a key advantage, claiming it allows the ADA community to vote and implement necessary protocol changes—such as quantum-resistant cryptography—more swiftly and cohesively. This adaptability, he suggests, could allow Cardano to better navigate future technological threats and potentially gain a long-term competitive edge.

cryptonews.ruAyer 12:52

Cardano (ADA) Founder Charles Hoskinson Issues Critical Warning Regarding Bitcoin (BTC): "If It Cannot Adapt, It May Lose Its Leadership!"

cryptonews.ruAyer 12:52

US Treasury Secretary Bement Claims: The US Will Soon Control 80% of Global Computing Power

U.S. Treasury Secretary Ben Sent proclaimed that America is poised to control 80% of the world's computing power, positioning compute dominance as a core pillar of U.S. economic strategy. Speaking on the Mike Rowe show, he stated the U.S. currently holds 50-60% of global compute share, with expectations to reach 80% soon. He framed this as a strategic competition the U.S. "cannot afford to lose," warning that a rival's lead would grant "unacceptable" strategic leverage, while asserting a current one-year AI lead. This high-level policy endorsement is seen as a direct boost for AI infrastructure investment, benefiting chipmakers like NVIDIA and cloud providers' capex cycles. Sent positioned AI compute, semiconductors, and quantum computing as three pillars of national economic strength and security. He defended AI's societal impact, citing historical tech shifts, and argued AI empowers small businesses without causing net job loss so far. He highlighted government efforts to deepen public-private AI cybersecurity cooperation. For investors, the statement signals sustained U.S. policy support for AI infrastructure. However, analysts urge caution, noting "compute share" lacks a standard public metric; the 80% figure is a forecast, not audited data. They recommend focusing on tangible indicators like physical capacity expansion and power infrastructure, with future semiconductor and cloud reports providing key verification data.

marsbit07/21 09:50

US Treasury Secretary Bement Claims: The US Will Soon Control 80% of Global Computing Power

marsbit07/21 09:50

Quantum Computing "Manhattan Project" Unveiled: Is the Encryption Industry at a Critical Turning Point?

"Quantum Computing 'Manhattan Project' Launched: Is the Crypto Industry at a Critical Juncture?" On June 22, former U.S. President Donald Trump signed two executive orders. The first mandates all federal agencies upgrade their cryptographic systems to new, quantum-resistant standards by 2030. The second orders the Department of Energy to lead the development of a national quantum computer, signaling a shift from laboratory research to a state-enforced national agenda. This creates a hard deadline. A powerful quantum computer could break current encryption. The threat is compounded by "harvest now, decrypt later" attacks, where encrypted data is stored today for future decryption. Federal agencies must appoint migration officers and complete post-quantum cryptography (PQC) upgrades for key establishment by 2030 and digital signatures by 2031. Procurement rules will also be changed, forcing government contractors to comply. The crypto industry faces a direct threat. Bitcoin's ECDSA signatures are theoretically vulnerable. Research indicates millions of Bitcoin with exposed public keys are at risk if quantum computers advance. While projects like Bitcoin Quantum testnets and efforts by Ethereum, Solana, NEAR, and Zcash are exploring quantum-resistant solutions, achieving consensus in decentralized networks remains a major challenge. The centralized U.S. government has started a 5-year countdown. For decentralized crypto networks, the real test is whether they can complete this anti-quantum upgrade before the theoretical threat becomes a practical reality.

Foresight News06/23 07:54

Quantum Computing "Manhattan Project" Unveiled: Is the Encryption Industry at a Critical Turning Point?

Foresight News06/23 07:54

Trump, the "Stock Market Manipulator" in U.S. Stocks, Lifts Up the Entire Quantum Computing Sector

"Trump, the 'U.S. Stock Market Mastermind,' Boosts the Entire Quantum Computing Sector" This article details how former U.S. President Donald Trump's policies and public statements have significantly influenced the stock market, particularly in the quantum computing sector. A key example is the U.S. government's direct investment in Intel stock in August 2025, which yielded over $45 billion in gains within seven months. Trump publicly credited himself for this profit. Recently, the Trump administration announced a new $2 billion initiative. Through the Department of Commerce, funding from the CHIPS and Science Act will be provided to nine quantum computing companies in exchange for minority, non-controlling equity stakes. The recipients include IBM ($1B for its subsidiary Anderon), GlobalFoundries ($375M), and listed companies like D-Wave, Infleqtion, and Rigetti ($100M each). Private firms such as Atom Computing and PsiQuantum also received $100M. This "investment-for-equity" strategy marks a shift from pure subsidies to an "active investor" model under the CHIPS Act. The announcement immediately boosted quantum computing stocks. The article frames this as part of Trump's "America First" industrial policy, aimed at securing U.S. technological leadership, similar to past investments in semiconductors, rare earths, and lithium. The author suggests this pattern of government-backed market intervention, alongside Trump's personal stock endorsements, is a hallmark of his approach to driving market gains and may continue in sectors like defense and advanced energy.

marsbit05/27 09:13

Trump, the "Stock Market Manipulator" in U.S. Stocks, Lifts Up the Entire Quantum Computing Sector

marsbit05/27 09:13

TechFlow Intelligence Report: Xiaomi Announces 200 Billion HKD Stock Buyback Plan, Spot Gold Falls Nearly 1%

TechFlow Report: Xiaomi announced a HK$200 billion stock buyback plan, while spot gold fell nearly 1%. A wider range of tech headlines includes Google unveiling its powerful video editing model Gemini Omni and the original "Attention is All You Need" authors advocating for a move beyond Transformer architecture. In other AI news, IBM reported its first successful use of a quantum computer to train an AI model, and Qwen3.5 released uncensored local model versions. The crypto/Web3 sector saw discussions on opaque stablecoin products and DEX fee changes. Major tech companies are under scrutiny: Uber's COO publicly questioned the ROI of AI investments, Motorola was accused of hijacking Amazon app links for affiliate codes, and Google faced criticism for using web data to fuel its AI. U.S. markets are focused on high S&P 500 valuations (31.8x P/E) and an intense concentration of capital in semiconductor stocks, with warnings about the sustainability of the AI data center boom. Geopolitical tensions, featuring simultaneous U.S. airstrikes on Iran and peace talks, caused significant oil price volatility. Other notable developments include Ferrari's first pure EV priced at 4.35 million yuan and Boston Dynamics' Atlas robot learning soccer from videos. The underlying theme suggests the AI narrative is shifting from boundless potential to requiring tangible results, while traditional geopolitical risks remain a powerful force in markets.

marsbit05/26 11:06

TechFlow Intelligence Report: Xiaomi Announces 200 Billion HKD Stock Buyback Plan, Spot Gold Falls Nearly 1%

marsbit05/26 11:06

The Brutally Honest Truth About Bitcoin That Most People Miss

A crypto analyst warns of brutal truths about Bitcoin that many investors overlook. Despite recent price declines, most market participants remain overly optimistic about a major rally, though positive indicators like retail investor returns are scarce. Google searches for Bitcoin are rising as people consider buying during the downturn. The analyst notes widespread bullish sentiment, driven by factors like the CLARITY bill and hopes for interest rate cuts, with figures like Cathie Wood predicting Bitcoin could reach $1 million. However, the analyst highlights that the market heavily follows institutional players, and this cycle may be especially difficult for retail investors. A contentious issue involves quantum computing threats, with proposals to enhance security potentially targeting Satoshi Nakamoto's wallet, which holds 1 million BTC. The analyst cautions that the coming years could bring significant surprises and challenges.

bitcoinist05/21 04:01

The Brutally Honest Truth About Bitcoin That Most People Miss

bitcoinist05/21 04:01

New research says quantum computers won’t break Bitcoin mining — but here’s what could

New research challenges the widely held concern that quantum computers could overpower Bitcoin's mining system. The study, titled "Kardashev-scale Quantum Computing for Bitcoin Mining," concludes that while quantum algorithms like Grover’s could theoretically accelerate mining, real-world constraints—such as reversible hashing, error correction, and Bitcoin’s 10-minute block window—make such an attack impractical. A viable quantum mining operation would require millions of qubits and energy consumption comparable to a national power grid, approaching Kardashev Type II civilization levels. Instead, the more immediate quantum threat lies in cryptographic vulnerabilities: Shor’s algorithm could break the public-key cryptography securing Bitcoin wallets. This shifts the focus from mining competition to the need for quantum-resistant security upgrades.

ambcrypto04/08 16:02

New research says quantum computers won’t break Bitcoin mining — but here’s what could

ambcrypto04/08 16:02

Analysts At Leading Wealth Manager Predict Bitcoin’s 2026 Price, And It’s Very Bullish

Analysts at Bernstein reaffirm their bullish $150,000 year-end Bitcoin price target, despite BTC's recent drop to around $60,000. They characterize the current downturn as the "worst bear case" in Bitcoin's history but emphasize it is a self-imposed crisis of confidence, not a systemic failure. The report highlights strong fundamentals, including a regulatory-friendly climate under Trump and growing institutional adoption via ETFs and firms like MicroStrategy. The analysts also address quantum computing threats, noting they are a long-term industry-wide concern, not exclusive to crypto. They expect Bitcoin to rally as liquidity conditions improve, with ETFs and corporations positioned to accumulate more. Other analysts, like TD Cowen's Lance Vitanza, also predict new all-time highs for BTC in 2024. Bitcoin was trading near $69,700 at the time of writing.

bitcoinist02/11 02:32

Analysts At Leading Wealth Manager Predict Bitcoin’s 2026 Price, And It’s Very Bullish

bitcoinist02/11 02:32

On the Eve of the Quantum Computing Wave: Why Nvidia Might Emerge as the Biggest Winner?

Amidst the prevailing market perception that quantum computing remains a distant, sci-fi concept, Barclays' latest research challenges this view, arguing that the technology is on the verge of transitioning from a "lab toy" to a commercial tool. The report highlights several key misconceptions: First, quantum computing is not "too early"; the industry is approaching a watershed moment around 2026–2027 when "quantum advantage" is expected to be demonstrated, requiring stable operation of 100 logical qubits. Second, quantum computers will not replace classical systems like GPUs but instead complement them. Each logical qubit may require a GPU for error correction and control, potentially driving significant demand for chips from companies like NVIDIA and AMD, with projected incremental value exceeding $100 billion by 2040. Third, hardware approaches are not equal. Trapped ions currently lead in precision, silicon spin offers scalability potential, and neutral atoms excel in qubit count. Fourth, quantum computers are not yet powerful enough to break modern encryption, requiring thousands of logical qubits—far beyond current capabilities. Finally, the investment landscape is broader than often assumed, with opportunities across quantum processors, supply chains, semiconductor manufacturing, and enabling infrastructure, spanning both public and private companies.

比推02/09 15:01

On the Eve of the Quantum Computing Wave: Why Nvidia Might Emerge as the Biggest Winner?

比推02/09 15:01

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