Metromile, a San Francisco based car insurance tech startup with $140 million in revenue has just announced they will buy $10 million bitcoin in Q2 of 2021 “to adopt cryptocurrency... origin »
Part one explained the physics of quantum computing. This piece explains the target — how bitcoin's encryption works, why a quantum algorithm breaks it, and what Google's paper changed about the timeline.
"[The] proposed changes are intended to stabilize price, dampen cyclicality, drive liquidity, and grow demand," said Executive Chairman Michael Saylor.
Oil prices slumped as Trump said Iran committed to open the Strait of Hormuz and the U.S. plans to acquire that country's enriched uranium as part of a deal.