Bitcoin prepares for quantum threats
At the annual LONGITUDE conference in Hong Kong, Tron founder Justin Sun stated that cryptocurrencies need to prepare for the emergence of artificial general intelligence (AGI) and predict its impact on the industry.
According to Sun, the development of AGI could lead to unpredictable consequences for the entire economy, including the cryptocurrency sector. Therefore, companies and developers should already be thinking about possible scenarios and ways to adapt.
In addition, a Bitcoin analyst spoke at the conference, stating that cryptocurrency should prepare for the threat of quantum computing. According to him, this danger should be taken into account in models for assessing and forecasting the Bitcoin exchange rate.
Crypto regulation in the US
LONGITUDE also discussed the regulation of the cryptocurrency industry in the United States. Recently, the "Clarity Act" was introduced in Congress, aimed at streamlining the rules for digital assets.
Experts note that the adoption of this law could be an important step towards forming a clear regulatory framework for the cryptocurrency market in the US, which would have a positive impact on its development.
Conclusion
The cryptocurrency industry continues to evolve, facing new challenges and threats. The need to prepare for the emergence of AI and quantum computing, as well as regulatory initiatives in the US, show that the industry has a number of serious tasks to solve in the coming years.