Scholar’s Advanced Technological System

Since the renewal of the confidential algorithm has been completed in advance, the news of the advent of commercial quantum computer technology has not had any impact on communication security and order in China.

Apart from the minor confusion initially caused by panic, and the fact that some old, untrue old ladies went to the bank to toss around, there was essentially no substantive impact.

However, other countries are less fortunate than those on the Chinese side.

P2PFoundation Forum.

In this world's most famous blockchain community, cryptographers and whites who don't know the truth are talking about the impact of this.

However, at this point, a silent account for many years suddenly surfaced and was involved in the discussion.

[Title: The end of cryptography.

[Bitcoin was just one of my attempts at financial decentralization, and it was successful in the past 15 years, but now it's no longer safe.

[Perhaps we can only rely on new tools and methods to solve this problem, as of now…]

[Take it when you see it.

After this post came out.

The entire forum was strangely silent for a few seconds.

And then, in less than half a minute, the whole forum was like a bomb thrown into a pot and instantly blew it up!

If this post was sent by someone else, it was nothing, don't say what the reverberation was, but it might also lead to two or three words of ridicule.

The problem, however, is that this account is clearly not that ordinary.

Its owner, Heran, is the world famous mathematician and cryptologist, the man who invented Bitcoin --

Nakamoto!

……

Almost the same time, in one of the offices of the Chicago Commodity Exchange Group, a man with a Jewish face in his fifties dropped the newspaper in his hand and spoke to a white assistant standing opposite his desk.

“Bitcoin is no longer so secure. ”

His name is Baruch, and as a professional manager of the Chicago Commodity Exchange Group, he manages credit investment funds for key clients of the Chicago Merchants Group, with more than $50 billion in their hands.

After seeing the Wall Street Journal's first-hand coverage of quantum computers, he immediately made a judgment based on his previous knowledge of quantum computer technology, and the price of bitcoins was bound to be unsustainable.

So he took less than a minute to think, and he said.

“Prepare to sell short. ”

At Baroukh's behest, the white assistant nodded and asked seriously.

“On what principles? ”

Balooh thought about it and said.

“Just follow the $100 line. ”

……

As “victims” of quantum computer technology, the first to be hit were Bitcoin players.

The Chicago Options Exchange, the first to launch Bitcoin futures varieties and have perfected financial instruments against Bitcoin, has hung out tens of billions of dollars against Bitcoin in less than a day.

The so-called short selling operation refers to borrowing bitcoin and selling it at the current price when investors or groups of people believe that the market price of bitcoin will fall in the future, and then paying it back at a certain price in the future.

If judged correctly, profits can be made and vice versa.

With a global bitcoin market capitalization of just over $100 billion, tens of billions of dollars of blank bills already amount to almost 10 per cent of the total market capitalization, the results are predictable considering those accounts that have been sold by the wind as a result of the decline.

In fact, almost all cryptocurrencies, including bitcoins, are essentially a bunch of "special solutions” generated by complex algorithms.

Like a special solution for an equation group, every special solution solves the equation, and every special solution is unique.

Bitcoin, by analogy, is the crown number of a note, and when you know the crown number on a note, you have it.

And the mining process, through a huge amount of computation, is constantly looking for a special solution to this equation set.

This cryptographically designed currency, although for reasons of decentralization, has hidden advantages that circumvent regulation.

But in contrast, this virtual asset, which does not have any credit subjects as collateral, is hardly as powerful as a draft paper thrown into a shredder in front of a Quantum Computer, a Grand Killer of all kinds of passwords.

Obviously, it is not just Mr. Baruch, the professional trust manager, who sees this through.

Almost as his company began to sell short bitcoins, more than a dozen investment and finance companies quickly entered the battlefield.

With the volume of transactions expanding, the volume of sales orders releasing, and the transaction price falling, less than half a day's kung fu fell from the top of the mountain of tens of thousands of dollars, all the way down through the floor of a hundred dollars, rolling hundreds of dollars from the entire plate of hundreds of billions of dollars.

Obviously, the impact of quantum computers on Bitcoin has been clearly underestimated, both by Baroukh and by a huge crowd of investors.

Balooh smashed his mouth somewhat unsatisfactorily when he saw the deal price as it slipped on the last screen.

He thought his reaction was fast enough, but he didn't expect it to be a little slow. By the end of the day, more and more peers were coming in, shipping was more and more difficult, and the trust fund he managed had made less than a billion dollars and the whole bitcoin market had collapsed.

Faced with a K-ray of falling like a waterfall, he said.

“Fill out the short list below $10. ”

“No more waiting?” Looking excitedly at that massive blank list, the assistant sitting in front of the computer looked back to Baruch and said, “I feel like we can even pick up the bitcoin that will melt under a dollar. ”

“Take it when you see it,” Balooh said calmly, "we're betting on expectations, not that Professor Lu would really use a quantum computer to print the money. ”

“Well, maybe you're right. ”

The assistant, honestly and in accordance with the manager's instructions, hung up the bill under $10 and started picking up the chips they had thrown at the top of the hill.

Just by doing their finger job, they looted nearly a billion dollars of wealth from countless nine vegetables around the world, which is faster than the Fed's money printer.

The only regret is that this opportunity may not be encountered once in a lifetime.

The harvest is over.

Looking at the funds deposited in the account, the assistant sitting at the desk showed an emotional expression on his face.

What was in front of him was money he would never have made in his life, if only he could have looked at it a little longer.

However, so much money is deposited in the account, losing unseen costs every minute.

Looking back at his boss, the assistant asked.

“What about the money back in the cage? What should we do? ”

At the behest of his subordinates, Baroukh, after a moment of silence, commanded.

“Buy bonds. ”

Assistant: “All? ”

Balooh: “All of it. ”

Bonds are considered to be a better hedging type, and buying United States bonds as an alternative to hedging risks, whether in trust funds or other national central banks, is an option in times of economic downturn, particularly in the face of systemic financial risks.

Although it was just a hunch, years of experience working as a trust fund manager gave Baruch a more acute sense of professional smell than a hound.

And now his sense of professional smell is telling him that behind a seemingly calm financial market is rolling a dark stream that may be even scarier than he thought.

This dark stream is being driven by emotions and bites all of it with agitation.

The scene that happened in the Bitcoin market was just a glimpse of this raging dark stream...

Balooh grabbed a cigarette out of his pocket and was ready to go to the window and light it on himself.

At that point, however, the phone in his pocket rang so that he had to put the cigarette back and take it out.

He pressed the on button in his ear, because he was in a good mood, he said with a flirty eyebrow.

“Clemente? How suddenly did you think to call me, my old friend? ”

“Are you still in the mood to laugh? God…"

The voice on the other end of the phone was full of anxiety and incredibility, yet Balooh, who was on the brink of pride, did not notice the unusual tone of these old friends, just pretending that he had just made a loss-money deal, haha laughed comfortingly.

“You don't know what just happened...”

Yet his old friend interrupted Baruch when he was preparing to elaborate on how he had killed the Quartet in the Bitcoin market with vision and bravery.

“Yes, you don't know what just happened, I suggest you look at the Dow Jones Index! Goddamn it! Oh, my God! It was a mistake to talk to you about this! ”

The beep hung up.

Baruhe frowned, moved his phone half an inch away, looked at the disconnected call on the screen, his mind gradually bubbled with a little uneasiness, and this uneasiness was eroding all the positive emotions in his heart.

Thinking of his old friend's anxious tone, he suddenly realized something.

Without hesitation, he quickly returned to his desk and sat down. Balooh quickly turned on the board software and logged into his management account.

However, at the moment when his gaze was against the screen, his whole body was beamed, and the cup resting on the table snapped and he touched the floor.

Hearing the noise from the boss, the assistant hurriedly stood up and looked at him.

“What happened? BOSS.”

No response.

I saw his boss sitting at the computer desk, sitting there motionless, like he had been petrochemical.

Looking at the reddish scene of the Mile River Mountain, Balooh's old face suddenly rose red, and then the blood slowly faded, eventually turning into pale like a concrete wall...

It's over...

It's too late…

It's all over.

Just as they killed the Quartet in the Bitcoin market, a financial tsunami swept the entire Nasdaq sector, driving the Dow Jones index down eight points on the plate, evaporating trillions of dollars in market value.

And the account he manages...

The little money he just made, I'm afraid, wasn't enough to fill in a dime he just lost.

Suddenly there was a trance in front of him, and Balooh was ready to stand up, and yet his armrest suddenly hung up as if he had lost all his strength and lost weight.

The butt sat back on the chair and his congested eyes suddenly went black.

Just before his consciousness was about to fall into darkness, there was a vague cry in his ear.

“The boss fainted - call an ambulance! ”

“You press his chest, I'll give him an artificial breath! ”

“ …… ”

And then he couldn't hear anything...