Tim Draper Explains Why Bitcoin Is Safer Than Banks in the Quantum Era
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Venture capitalist Tim Draper said on June 9 that fears quantum computing will break Bitcoin are misplaced, arguing traditional banks and dollar deposits pose a bigger security risk. Speaking to Benzinga and on X, Draper said he considers his BTC holdings safer than cash in banks, a bullish security-focused take for crypto adoption and market sentiment.
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Venture capitalist Tim Draper says fears that quantum computing will break Bitcoin (BTC) are misplaced, arguing that traditional banks and the dollars held within them face a bigger security risk.
In comments published by Benzinga and amplified in an X post on June 9, Draper said he considers his BTC holdings safer than cash sitting in a bank account.
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