pull down to refresh

Why the “Death of Bitcoin” Is Science Fiction

1. Introduction: The Ghost in the Machine1. Introduction: The Ghost in the Machine

In recent months, a “quantum panic” has permeated the digital asset space, fueled by a relentless cycle of sensationalist media and “miraculous declarations” from Big Tech marketing departments. The narrative is as predictable as it is flawed: the imminent arrival of a universal quantum computer that will instantaneously dissolve Bitcoin’s cryptographic foundations. While researchers and certain “quantum-resistant” shitcoin promoters amplify this anxiety to capture headlines or market share, a scientifically grounded analysis reveals a different reality. To suggest Bitcoin is on the brink of collapse is to ignore the colossal engineering chasm that separates experimental noise-generators from the functional, error-corrected machines required to challenge the decentralized ledger.

2. Takeaway: “Quantum Supremacy” is Currently Just Expensive Noise2. Takeaway: “Quantum Supremacy” is Currently Just Expensive Noise

3. Takeaway: The “Logical Qubit” Chasm and Gate Complexity3. Takeaway: The “Logical Qubit” Chasm and Gate Complexity

4. Takeaway: The “Quantum Shield” of Hashing vs. Public Key Exposure4. Takeaway: The “Quantum Shield” of Hashing vs. Public Key Exposure

5. Takeaway: The Economic “TradFi” Shield5. Takeaway: The Economic “TradFi” Shield

6. Takeaway: The Migration Path and the “Bloat” Dilemma6. Takeaway: The Migration Path and the “Bloat” Dilemma

7. Conclusion: A Century-Long Horizon7. Conclusion: A Century-Long Horizon

...read more at massmux.org