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Nic should stay in his lane and do what he does best. Whatever that is.

I think it's good he's raising discussion. "Stay on your lane" thinking is dangerous: let's judge ideas based on their merit.

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It's not as if this topic hasn't been discussed. People who know much more about quantum computing and bitcoin than Nic or I have been discussing it for years. It seems like he's simply not happy that these people have come to a different conclusion than he has.

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89 sats \ 0 replies \ @kepford 19h
People who know much more about quantum computing and bitcoin than Nic or I have been discussing it for years.

This is VERY common with a certain type of guy. Nic is that guy.

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Fair point. And since his VC background, I guess it would be in his incentives that some Bitcoin quantum businesses got traction.

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That's the best point. I can't put my hands on it now, but @Scoresby linked to a good article about how ridiculous it is to dismiss the barriers to quantum computing as mere "engineering issues." Not to mention the fact that if this fantasy comes to pass, the entire world financial system is a far bigger and less secure target. Somehow the banks never get punished with this fud.

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Not constructive to compare banks' response to the quantum threat to Bitcoin's because banks can just update their ledger and bam, it's quantum-proof. Bitcoin's decentralized network needs more coordination.

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11 sats \ 1 reply \ @siggy47 5 Feb

I guess that's true. It's more complicated than just a ledger, though. Gaining full access to internal communications of banks, military, governments, etc. seems like a juicier target than bitcoin.

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if I stayed in my lane, I would have nothing to say

obviously I am not staying in my lane

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I believe that was singing with the Backstreet Boys.

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💯

Is he just now figuring out bitcoin

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