A few people have asked me privately about my views on Bitcoin, about it not standing up to quantum computing without further development and that this makes it a risky investment/currency. But let me elaborate on that.

Firstly, right now, 'the market' seems to view Bitcoin as 'digital gold' and therefore a good store of value and especially protection against the inflationary strategy of the central banks - eroding the value of paper money by printing endless amounts of it. For example in the USA right now, the amount of state borrowing is higher than the country's net assets - meaning it is essentially bankrupt. Like many 'developed' economies.

This is why it's clear a reset is coming - and most likely to a digital economy. And within this, it's highly likely there will be some degree of devaluation of currency. Hence the growing interest in Bitcoin (and other cryptocurrencies). Bitcoin, like gold, has to be mined (although bitcoin is mined on sophisticated computer systems). What this means is there's a limited supply of it and so it's value rises when there's increased demand. This is why many see Bitcoin as a safe haven in the reset and why the price is generally rising and could sky rocket.

However I still maintain my original point about Bitcoin not being able to sit on a quantum system. So I would say Bitcoin to be a good 'hedge' against paper money inflation, but only for a certain period of time. Perhaps a year or so. I personally hold Bitcoin, and will likely continue to do so until after a reset. But then I'd look to sell it unless some major development took place.

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