Submitted by oopiex t3_11vfqlp in singularity
SpecialMembership t1_jcswc5p wrote
AGI is becoming so sophisticated that it cracks the Bitcoin algorithm=> AGI is not a quantum computer that can break encryption. However, it may assist in the development of a quantum computer that could break Bitcoin.
If AGI were to occur, it could cause massive deflation. some investments that perform well in deflation: cash, give government bonds,corporate bonds and precious metals.
Specific-Chicken5419 t1_jctskhu wrote
Crypto was intended as a scam in the first place. Sorry man.
WonderFactory t1_jctu677 wrote
You don't have to develop quantum computers to crack encryption. You need quantum computers to brute force it but it's entirely possible that an algorithm could be developed that runs on regular computers that's able to solve encryption.
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