Why does it make sense for you to be aware of the quantum computer problem?
- Because over the past year, there have been some major engineering and even scientific advances. For example, in October, Google solved a mathematical problem that is unsolvable even with the largest traditional supercomputers. Before 2019, quantum computers were either theoretical or untransportable; IBM brought a boxed one to Las Vegas for CES.
- The price of bitcoin will fall sharply not because someone “picks up all the private keys”, but simply because people will hear about some first practical success. That’ll be enough.
- To diversify, you do not need to do anything extraordinary. The TOP 5 companies that are most likely to either make a breakthrough in this area or to buy it in time are IBM, Intel, Microsoft, Amazon, and Alphabet (former Google). A good portfolio should include those stocks anyway. Startups like https://www.rigetti.com could bring you a higher profit but the goal is to hedge your crypto with no additional risk.