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$BTC Bhutan to Utilize Bitcoin Reserves for New Economic Hub Development AI Summary According to BlockBeats, the Bhutanese government plans to use 10,000 bitcoins from its reserves to develop a special administrative zone called Gelephu Mindfulness City (GMC). Located in southern Bhutan's Gelephu town, GMC is set to launch in 2024 with the aim of creating high-value local jobs, curbing youth migration, and establishing a new economic center in the country. The city intends to attract businesses from various sectors, including finance, tourism, green energy, technology, healthcare, and agriculture. It will offer regulatory flexibility for cryptocurrency and fintech companies while promoting the development of Bitcoin mining in Bhutan. According to the official website, GMC will cover approximately 10% of Bhutan's land area, around 1,544 square miles. Bhutan ranks fifth globally in terms of Bitcoin reserves, with most of its holdings derived from mining activities. The country possesses approximately 11,286 bitcoins, valued at over $986 million.$BTC

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$BTC According to BlockBeats, Charles Edwards, founder of the quantitative Bitcoin and digital asset fund Capriole, has issued a warning regarding Bitcoin's vulnerability to quantum computing. Edwards suggests that if Bitcoin does not develop resistance to quantum computing by 2028, its price could fall below $50,000. The potential threat of quantum computing to the cryptocurrency industry has been a topic of discussion for some time, viewed as a critical turning point on the horizon. In theory, more advanced quantum computers could break encryption algorithms, exposing user keys and leaving funds and sensitive data vulnerable to malicious actors. While this risk is generally considered distant, Edwards predicts that the timeline could accelerate to 2028. If the industry does not respond adequately, Bitcoin's price may face significant repercussions.$BTC

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$BTC Capriole Founder Warns Quantum Computing Could Cause Bitcoin to Fall Below $50,000 by 2028 According to PANews, Charles Edwards, the founder of the quantitative Bitcoin and digital asset fund Capriole, has warned that if Bitcoin does not possess quantum resistance by 2028, its price could significantly fall below $50,000. The potential threat of quantum computing to the cryptocurrency industry has long been a topic of controversy and is seen as a crucial turning point. In theory, advanced computers could break encryption technologies, revealing user keys and exposing sensitive data and funds. Edwards predicts that this threat could materialize as early as 2028, and if the industry does not act quickly enough, the price of Bitcoin may plummet. Critics argue that the threat of quantum computers is exaggerated, as they are still decades away from being feasible, and that traditional targets such as banks will be breached before Bitcoin.$BTC

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$BTC the most beautiful coin in this world 🌎 BTC 📉 is the only coin that is very popular in this world and BTC is the coin that makes me to know what is Bitcoin and how trade work through really-Time in my system $BTC #BTCVSGOLD #

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$FORM dead 🪾 coin 🪙🌆🚀#BinanceHODLerMorpho #FOMCWatch #USChinaDeal $FORM

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