Saturday, November 27, 2021

Odd suggestion on where to put your nest egg

BITCOIN?

There are periods of technological eddys, when one innovation appears to be a long term game changer within a discipline.  For example, I believe we are at the trailing edge of aircraft and missile design beings focused on radar stealth technology.  As one might expect, there are trade offs in maximizing RF stealth, and the bandwidth in which one focuses effort cannot cover the span of anomalies vehicles present between 'DC and daylight'.  Laser Radar, Infrared, very low frequency radar, all are finding applications in ending the current warm core eddy of RF stealth.

Despite the advice of some I suspect the same applies to cryptocurrencies which rely upon secure encryption.


     https://www.zerohedge.com/crypto/why-bitcoin-generational-wealth

Given who/where the lead exists in quantum computing (same nice folks that brought us WuFlu), which renders contemporary encryption useless, call me dubious.



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