Jim Cramer Plans to Sell Bitcoin Over Quantum Computing Fears

CNBC host Jim Cramer says he plans to sell his Bitcoin (BTC) after IBM CEO Arvind Krishna warned that advances in quantum computing could eventually threaten the cryptography securing cryptocurrencies. While Cramer publicly announced his intention, there is no evidence that he has completed the sale, disclosed the size of his Bitcoin holdings, or revealed any wallet address. During a July 30 CNBC interview, Cramer asked Krishna whether quantum computers could one day crack the encryption protecting crypto assets. Krishna responded that investors should become rather paranoid within three to…  Read more

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