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China's Quantum Leap: Is Bitcoin Really in Danger, or Are We Asking the Wrong Question?

When China unveiled yet another breakthrough in quantum computing, headlines followed a familiar script. "Bitcoin could be broken." "Cryptocurrency faces extinction." "Quantum computers will destroy blockchain." They make for excellent clickbait. But they also miss the bigger story. Because Bitcoin is not what should keep governments awake at night. The real question is what happens when someone builds the world's first genuinely useful quantum computer. If that day arrives, cryptocurrencies will simply be among the first dominoes. ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป'๐˜€ ๐—š๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ป๐—ด๐˜๐—ต ๐— ๐—ฎ๐˜† ๐—”๐—น๐˜€๐—ผ ๐—•๐—ฒ ๐—œ๐˜๐˜€ ๐—š๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—ช๐—ฒ๐—ฎ๐—ธ๐—ป๐—ฒ๐˜€๐˜€ Bitcoin's security rests on mathematics. More specifically, two mathematical foundations. The first is SHA-256, the hashing algorithm securing Bitcoin's blockchain and mining process. The second is ECDSA, the digital signature system proving ownership of Bitcoin wallets. Today's computers would ne...

Breaking News: Government of Kenya Delays School Reopening to May 6 Due to Severe Flooding in a Midnight Announcement

In a (very!) late night communication, the Government of Kenya has announced the postponement of the reopening of primary and secondary schools across the country by one week, citing the ongoing devastating floods. The decision comes amidst reports of over 70 fatalities and more than 130,000 individuals displaced since mid-March due to relentless flooding.

In a statement issued to news outlets at 1.20 am on the material day, Monday 29 April, Education Cabinet Secretary Ezekiel Machogu explained that the Ministry of Education, in collaboration with other relevant government agencies, assessed the readiness of schools for the commencement of the second term on April 29, 2024. The assessment revealed that numerous schools in various regions have been severely impacted by the heavy rains, posing significant risks to the safety of students and staff.

Consequently, Machogu announced that the reopening of all primary and secondary schools will be postponed to Monday, May 6, 2024, to allow time for necessary safety measures to be implemented. The Ministry of Education pledges to work closely with relevant agencies and stakeholders to address the challenges posed by the floods and provide regular updates on the situation.

While this decision offers relief to concerned parents who had advocated for the postponement of school reopening due to the adverse weather conditions, it's important to note that some schools will still resume classes as scheduled, excluding those directly affected by the flooding.


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