Scholar’s Advanced Technological System

Because the secret algorithm has been updated in advance, the news of the commercial quantum computer technology has not brought any impact on the security and order of communication in China.

Except for the small chaos that was initially caused by the panic, and some old men and women who didn't know the truth, they went to the bank to toss around, basically without any substantial impact.

However, compared with the beautiful scenery on the Chinese side, other countries are not so lucky.

2 forums.

In this world's most well-known blockchain community, geeks who are proficient in cryptography, as well as those who do not know the truth, are discussing the impact of this incident.

However, at this moment, an account that had been silent for many years suddenly surfaced and participated in the discussion.

[Title: The End of Cryptography. 】

[Bitcoin is just one of my attempts at financial decentralization. It has been successful for the past 15 years, but it is no longer secure. 】

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

[Accept it when you see it. 】

After this post came out.

The entire forum was strangely silent for a few seconds.

Then immediately, in less than half a minute, the entire forum seemed to be thrown into a bomb, instantly frying the pot!

If this post is nothing from other people, let alone arouse any repercussions, maybe two or three sentences will be drawn.

The problem is, this account is obviously not so average.

Its owner, it is exactly the world-renowned mathematician and cryptographer, the man who invented Bitcoin

Satoshi Nakamoto!

...

Almost at the same time, in a Chicago Mercantile Exchange office, a Jewish-looking man in his 50s dropped his newspaper and looked at the white assistant standing across the desk.

"Bitcoin is not so secure anymore."

His name is Balluch. As a professional manager of the Chicago Mercantile Exchange Group, he is responsible for managing trust funds for important clients of the CME Group. He has more than 50 billion US dollars in hands.

After seeing The Wall Street Journal's first-hand report on quantum computers, he immediately made a judgment based on his previous knowledge of quantum computer technology. The price of Bitcoin must be unsustainable.

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

"Ready to sell short."

Hearing Baruch's orders, the white assistant nodded and asked seriously.

"On what principles?"

Balluch thought about it and said.

"Just follow the $ 100 line."

...

As the "victims" of quantum computer technology, the first players to be hit are Bitcoin players.

The Chicago Board of Options Exchange, which was the earliest to launch bitcoin futures varieties and has completed short-selling financial instruments for bitcoin, has placed tens of billions of dollars in short orders for bitcoin in less than a day.

The so-called short sale operation means that when an investor or a group of people believes that the market price of Bitcoin will fall in the future, they will borrow Bitcoin and sell it at the current price, and then repay it at a certain price in the future.

If the judgment is correct, you can make a profit, otherwise you will suffer a loss.

The total global market value of Bitcoin is only more than 100 billion US dollars, and short orders of tens of billions of dollars are almost equivalent to 10% of the total market value. Considering those accounts that have been sold following the trend, the results can be imagined. .

In fact, the nature of almost all cryptocurrencies, including Bitcoin, is a bunch of "special solutions" generated by complex algorithms.

Just like the special solution of a certain system of equations, each special solution can solve the equation, and each special solution is unique.

If you compare it with a banknote, Bitcoin is the prefix number of the banknote. When you know the prefix number on a banknote, you own the banknote.

And the mining process is to constantly seek the special solution of this system of equations through huge calculations.

This cryptographically designed currency, although decentralized, has the hidden advantage of being able to circumvent regulation.

In contrast, this kind of virtual asset without any credit subject as a guarantee is like a draft paper thrown into a paper shredder in the face of a big killer that specializes in various passwords such as a quantum computer. It's not vulnerable at all.

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

Almost when his company started selling bitcoin shortly, dozens of investment banks and financial companies quickly entered the battlefield.

As the transaction volume continues to expand, massive sell orders are issued, and the transaction price continues to fall. Within half a day, it has fallen from the top of the tens of thousands of dollars, all the way through the floor of one hundred dollars, from the entire hundred billion market value plate Hundreds of dollars were taken away.

Obviously, both Balluch and the crowd of investors have clearly underestimated the impact of quantum computers on Bitcoin.

Seeing the declining transaction prices on the final screen, Balluch smashed his lips with dissatisfaction.

He originally thought that his reaction was fast enough, but he did not expect that the action was still a little slower. More and more peers came in later, and it became more and more difficult to ship. The trust fund he managed only made less than one billion. The entire Bitcoin market for the dollar collapsed.

Facing the k-line diagram that fell like a waterfall, he said.

"Fill in short selling orders under $ 10."

"Don't wait any longer?" Looked excitedly at the huge number of empty orders, the assistant sitting in front of the computer looked back at Balluch and asked, "I feel like we'll wait, we can even start from under one dollar Pick up the bitcoin that got it. "

"Accept it when you see it," Balluch said calmly. "We are betting on expectations, not Professor Lu will really use quantum computers to print money."

"Well, maybe you're right."

Honestly as the manager ordered, the assistant placed a buy order under $ 10 and began to pick up the chips they had previously thrown on the top of the mountain.

With just the movement of their fingers, they ransacked nearly a billion dollars of wealth from the hands of countless 9 dishes around the world, which is faster than the Federal Reserve's money printing machine.

The only regret is that this kind of opportunity is hard to come across 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.

In front of him was money that he couldn't make in his life, if only he could watch it for a while.

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

Looking back at his boss, the assistant asked.

"What about the returned funds? What should I do?"

After hearing his subordinate's request, Balluch groaned for a moment and then said.

"Buy the bonds."

Assistant: "All?"

Balluch: "All."

Bonds are relatively good hedge products. When the economic situation is in a downturn, especially when faced with systemic financial risks, no matter whether it is various trust funds or other central banks, buying US bonds is an alternative operation to hedge risks.

Although it is only a hunch, years of experience as a trust fund manager have given Balluch a sharper professional sense of smell than a hound.

And now, his professional sense of smell is telling him that behind the seemingly calm financial markets, there is an undercurrent that may be even scarier than he thought.

The undercurrent is being driven by emotion, biting restlessly.

What happened in the bitcoin market is just a microcosm of this turbulent undercurrent ...

Balluch drew a cigarette from his pocket and was going to go to the window to light himself.

But at this moment, the phone in his pocket rang so much that he had to put the cigarette back and take out his mobile phone.

He reached into his ear and pressed the on button. He said in a frown, because he was in a good mood.

"Clement? Why suddenly thought of calling me, my old friend."

"Are you still laughing? God ..."

The voice on the other end of the phone was full of anxiety and unbelievable, but Balluch, who was in a state of pride, didn't notice the unusualness in the tone of these old friends, just as if he had just made a loss-making deal. , Haha smiled and comforted.

"You don't know what just happened ..."

However, just as Baruch was preparing to elaborate on how he relied on the qualities of two great talents, foresight and courage, to kill the Quartet in the Bitcoin market, his old friend interrupted him. if.

"Yes, you don't know what just happened. I suggest you go and see the Dow Jones Index! Damn it, my God! It's a wrong decision to discuss with you!"

The phone hung up.

Balluch frowned, moved his phone half an inch away, and watched the disconnected call on the screen, a tinge of anxiety in his mind gradually, and this anxiety was eroding all the positive emotions in his heart.

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

Not dare to have any hesitation, quickly returned to his desk and sat down. Balluch quickly opened the trading software and logged in to his management account.

However, at the moment when his eyes were on the screen, he was frowned, and the cup resting on the table was knocked to the ground by a bang.

Hearing the sound from the boss, the assistant quickly got up and looked at him.

"What happened? Boss."

No response.

I saw his boss sitting at the computer desk, as if he had been petrified, sitting there motionless.

Looking at the red scene of the mountains and rivers, Baluch's old face turned red for a moment, and then his blood color slowly faded away, and finally became pale like a cement wall ...

Over ...

It's too late ...

Everything is done.

Just when they were killing the Quartet in the bitcoin market ~ www.readwn.com ~ a financial tsunami swept the entire Nasdaq sector, driving the Dow Jones index to fall by 8 points in the intraday. Market value has evaporated.

And the account he manages ...

The amount of money he just made may not be enough to fill in a fraction of the loss he just made.

Suddenly there was a stun in front of him. Balluch was about to stand up, but suddenly, holding his hand, it seemed like he had lost all his strength and lost weight.

Sitting back in the chair with one butt, his bloodshot eyes suddenly darkened.

Just before his consciousness was about to fall into the darkness, a hollow shout came from his ears.

"The boss fainted and called an ambulance!"

"You press his chest, I'll give him artificial respiration!"

"..."

And then, he couldn't hear anything ...