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I think quantum computing simulating quantum mechanics will be way more useful to Bitcoin than as a danger because
- Bitcoin seeks for more energy effiicent ways to mine and relay transactions to anywhere in the world.
- Grover's algorithm will speedup Bitcoin node synchronizations, while
- Shor's algorithm will help crack old wallets for recovery purposes like what Joe Grand does.
Can't wait for Joe and his students to get his hands on a quantum computer!
So as you can see, quantum computing will infact help improve the world e.g via helping Bitcoin.
Cracking public-private key pairs using a quantum computer so one can steal bitcoins isn't a very useful strategy despite the fact that it sells news better in this doomish age.
In a better time, people will dream up quantum utopias where we crack encryption so as to know what was hidden yet will help someone in need. The way nuclear utopias were dreamed up and every home had electricity and high speed rail and clean environs were everywhere.
Alas, the reality for nuclear power was that the fear continued to have a grip on us, and is now a major tool of military posturing. Quantum might sadly be the same. But in some niche areas, quantum computing, more than nuclear power which requires too many starting conditions that only heighten fear, will thrive and people will use it to advance civilization.
If you've read this, I'm curious what you think of it.
Actually given what is going on with the layoffs so people can become data annotators, married women today are likely clocking north of 12 hours at work trying to earn money. Moreover, while the husband is also working.
This is the pressure cooker for divorce that I see.
I created a quiz on the bright future of chess in an AI world courtesy of Bitcoin, at my edutech site bitcoinhighschool.com
My thesis is that chess can be more beautiful if chess players have the option to not only push the limits from a position of scarcity ('I want to win prize money!') but also from a position of abundance ('I can explore great chess moves if I ride AI like a person riding a rocket ship').
Wonder what you think of this.
Do check out the quiz under Bitcoinized Games.
Name: Bite 26 -- Bitcoin beautifies Chess.
Here's a grand narrative.
The world is currently being run by boomers from an era where fiat currency was a genius idea to free us from the energetics-shackles of gold currency.
The economy was on an uptrend and those in power got more powerful and those at the bottom got cheaper goods and life was OK.
(Cheaper hydrocarbons are the real hero, but let's leave them out today).
Hence all that talk of "you have a more comfortable life than Kings in centuries past".
The problem is, all we decided to glimpse was how easy it was to move it, spend it, and do our business.
We never looked at the cost of degrading incentives for our leaders.
See, in centuries past, a King had to be a warrior. Napoleon fought in his own battles. He didn't sit at home and command his fleet via telephone wire.
I respect Genghis Khan not because he sired kids with enough women to put some of his DNA in many an Asian's bloodline (though that is quite impressive. Must have been greatly respected by his men or they would have gotten so jealous ), but because he was also like a Dothraki Lord from GOT. He fought alongside his men.
Fiat currency, while it gave with one hand — cheap credit, cheap transactions cleared at the end of the year, incentivizes for all the world's elite to stop fighting and share in the power of monetary debasement, it took away with the other — a spine for the men who lead us.
Fast forward to 2009.
Bitcoin is invented.
The world's elite including Jews and Presidents with printer power, while they do not acknowledge it, suddenly saw an existential end to their easy money worldview.
Yes, Wars in the middle east were happening before 2009. But there I can attribute it to American printer elites trying to crush the Islamic religious elite who prefer the power of authoritarian rule codified by ancient words in the holy book.
Propaganda, yes, but fiat is just the same. So whatever.
Money power vs Religious power.
Quite the contest.
Now, however, the money power group has a new existential enemy — Bitcoin.
Indeed, from the looks of it, the cheap fiat world is in trouble.
Technologically/ scientifically speaking, fiat is no longer a credible argument.
Then metaphysically, money has never inspired a jihad.
Poverty is the truer fuel for paying homage to the gods / God.
Buddha found enlightenment after quitting his comforts and facing his needs head on.
When one's mortality stares them in the face, only then do they see more than their shallow nervous system impulses for food, sex, water, scratching an itch.
The war in Iran is thus a sort of catharsis by the boomers.
I daresay, it is the last great war for mere material gain by political leaders.
But it needn't be.
Americans can easily skip all the shenanigans and choose Bitcoin, which represents the ultimate in a scientific world view.
America has oil already, it has resources, it has people willing to quit war games and start fighting the harsher realities of outer space.
What it lacks is people with enough balls like Elon to forget war and look up. Mind their own f'ing business.
Yeah, war for today's elite is easy. I bet you DJT sleeps like a baby. While Elon is wracked by the mental challenges of being so logical in an illogical world.
Pardon the digression.
Those elites.
Their competition will choose religion based on ancient texts.
But see, if one chooses meritocracy via science, it will force the religious argument to also level up.
Christians used to do jihad (called crusades). Then oil was discovered and they got rich via science and rationality instead of conquest.
Now they sing hymns and proclaim the wonderful love of Jesus.
I am a Christian, but I bet when things go south, I might go Crusader too.
Who knows.
Scarcity of enough resources unleashes the animal in a human.
The problem is that boomers, having gotten so used to cheap printer power, shrouded in complex terms and gated by pragmatic degrees in statistical maths (but made to look too arcane normal people can't follow their finance speak. It's easy actually. It is statistics. AI and Simons have shown us how it works.
pattern recognition from large enough data and willingness to keep looking for answers), are now trying to revert us back.
But the Gen Z Bitcoiners will inherit this earth.
Alongside their religion attuned friends. Can't live without them.
Moslems, Christians, and others.
And moreover, with even less hate.
In fact, one Sheikh, I forget his name, said Moslems and Christians are brothers bound to unite when the right time comes.
Bottom line
Trump and his fellow elites like Putin and Xi with their respective big wars, and others with smaller wars, are taking us back to dark ages simply because Bitcoin power for the Jack Mallers type is so obvious a level up for the youngins, while it packages the world of the boomers in history books and labels them "it happened".
War is ultimately a mechanism for old men to re-exert their power over the burgeoning new world they see.
But this particular secret of the Universe cannot be packaged back.
So we gotta just sit this one out, until they all get used to the idea that this is our world now. No offense grannies.
A quantum hack on anything will have such a massive energy signature it will be seen 100 miles off.
Those high tech machines will then be raided for parts of Bitcoin nodes the next day.
It will be an economic apocalypse afterall.
https://hackernoon.com/the-most-expensive-technology-on-earth
Man its cool. Really cool.
I almost expected the monkey to talk.
So there was a part with a pop up with 3 items, I think I saw The Bitcoin White Paper.
Well, the words were quite unreadable as their grey nearly merged in the black.
I think you can increase their contrast a bit.
Otherwise, glad to meet somebody building a teaching tool like myself.
Do check out my own site
https://bitcoinhighschool.com
I just think let's not do it hastily otherwise we may port to a less secure system. These new algorithms are proven mathematically (possibly), but actually designing classical software to implement then perfectly may be so full of bugs and attack vectors. Let's be careful as this is all new and is all from a point of fear, not strength.
Now imo, if we ever have to do it, I'd say let us do it after quantum computers have proven their threat. Since you agree with the energy signature argument, then you see that if a QC that can actually break a Bitcoin wallet is designed it will both be major news to that computer company and a way to rally Bitcoiners to move coins. The initial loss will only galvanize Bitcoiners better, while it will rally a lot of people to sympathatize with us against the big bad monster.
Also, as I have posted on Scott Aaronson's AMA page, quantum computers will be useful to Bitcoin so I'd say we call their bluff. Motivate the QC scientists to actually build them.
Otherwise, nah. It's way out there. Just like nuclear fusion.