One thing that should be made clear before anything else: “crypto” means “cryptography” as well and not just “cryptocurrency.” But if you are a big-time believer of ‘blockchain is the future,’ well then, in that case, you’ll end up making mistakes just like these.
Bloomberg reporter, William Turton tweeted on Wednesday that NSA is working to develop quantum-resistant crypto. Anne Neuberger made this announcement at Bellington Cybersecurity Summit that took place in Washington, DC. Anne Neuberger is leading the NSA’s Cybersecurity Directorate.
NSA stands for National Security Agency which is known for its work on encryption. But Forbes contributor Naeem Aslam somehow managed to mess this up as he added another ‘A’ to this and made it NASA. He concluded that American space agency was developing a cryptocurrency and he wrote a complete article about it just from a 29-word tweet.
When Forbes realized the mess up that happened on their website, to save themselves, they immediately removed the article from the site. No one could obtain the copy of the blog as it got removed pretty quickly, but William Turton was quick enough to have a look at the article.
Many cryptocurrency news platforms from around the world picked up the news, and they posted the same, but they were sensible enough to use the correct agency. The confusion of ‘crypto’ having two meanings made things tough for the people to understand. So, NSA is working on a quantum-resistance cryptography technology; however, no confusion would’ve been there if Turton had used ‘cryptography’ instead.