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100 sats \ 6 replies \ @02c42fc294 18h \ parent \ on: Saylor : Bitcoin quantum threat is a ploy by ‘yo-yo token’ sellers bitcoin
"... because it would affect their own encryption...", another fallacy: appeal to rationality. He's assuming that there aren't powerful entities that either don't grasp or just don't care about the fallout.
Who are these powerful entities that will not understand it but yet have the ability to use it? Terrorist groups aren't developing it. States are not developing. Companies are developing it. They understand what they are working on and the fallout.
The real question is if quantum is actually going to ever happen. I'm still unsure.
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Oh I didn't understand that the question was meant for those of us that didn't make the statement. But I'll entertain it:
Who are these powerful entities that will not understand it but yet have the ability to use it?
I don't believe this. What I think is that there are powerful entities that play a long game, where short-term crises can be anticipated and even prevented, and long-term gains positioned accordingly. Also, no point in stealing coins that will go to 0, so you'd do one or a couple big-but-not-"patoshi" utxo(s) per week.
Bottom line, I don't think that trusting Google, IBM or Microsoft is a good solution to a threat. Also, these can be infiltrated / hacked.
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I don't believe this. What I think is that there are powerful entities that play a long game
My bad, distracted. Mistake.
I don't think that trusting Google, IBM or Microsoft is a good solution to a threat. Also, these can be infiltrated / hacked.
Agree with you there.
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