This is REALLY BAD news for Bitcoin

[crazy_rabbit]

If quantum computing works, we will have a lot more problems then just fixing bitcoin. Cracking bitcoin means cracking everything. :-/

[mjc]

Not sure if this has been posted but I'm out. Going to wait until the next pump and I'm diversifying into better investments. This is scary for Bitcoin.

http://www.washingtonpost.com/world/national-security/nsa-seeks-to-build-quantum-computer-that-could-crack-most-types-of-encryption/2014/01/02/8fff297e-7195-11e3-8def-a33011492df2_story.html?Post+generic=%3Ftid%3Dsm_twitter_washingtonpost

Wow the NSA cares that much about Bitcoin, and not the defense of the Nation!??

[EvilPanda]

Old news, this was discussed a month ago and still someone reposts.

[toomsie]

If the do develop a quantum computer, it will be able to play some badass game.
Whatever happens it is win win.

[iamphoenix]

nope we look ok i was worried about this yesterday this is what i found

http://bitcoinmagazine.com/7781/satoshis-genius-unexpected-ways-in-which-bitcoin-dodged-some-cryptographic-bullet/

[jubalix]

this thread keeps coming back needs. Subject to be stick-ied in tech board

[jaked]

Quantum computers are hyped about for decades, yet no substantial proof of their plausibility has been demonstrated.
I wouldn't worry about the NSA succeeding in building one.

[Altoidnerd]

If I invented a quantum computer, I wouldn't use it to break bitcoin.  I'd use it to MINE primecoin dude.  I'd make bones, then destroy my work.

[justusranvier]

Quantum computers are hyped about for decades, yet no substantial proof of their plausibility has been demonstrated.

Are you suggesting a machine that's capable of factoring 21 into 3 and 7 at about 50% of the time isn't anything to get excited about yet?

[battlescars]

LMFAO this is not even bad news for bitcoin. What a bogus article by a bogus newssource, seriously this is a mega troll.
This thread is a mega troll, dont belive anything you hear and only half of what you see.
omg nsa can crack bitcoin? How is this even bad news for bitcoin i dont understand what are you trying to imply ,
you jus put a link and dont explain ur thaughts

[vadoff]

If they can break current encryption, then BTC is the least of our worries.
They'll be able to break into banks, emails, virtually any online security out there.

Also, if quantum computers are available, people could probably mine with it and have the difficulty raise 100 fold.

[justusranvier]

You were generous to give him a 4. 

I've seen a lot worse before.

[Lauda]

Hello idiot OP.

[mymenace]

If quantum computing works, we will have a lot more problems then just fixing bitcoin. Cracking bitcoin means cracking everything. :-/

+1

end of story

crack bitcoin you can crack banks