Tick tock, BTC, tick tock

>>60507222 (OP)
Doode, there is a sandnigger war out there! Max out that shit first before the next china ban, solar flare or tether is unbacked fuds ok?

im betting the quantum computers will eventually break encryption, but all progress will be slow and highly publicized so that bitcoiners know even a decade in advance if theyre fucked

I doubt bitcoin will be able to adapt though, its never going to change at this point.

>>60507249
Not to mention not just anyone can build these quantum computers, so the first group to make one likely won't be malicious, giving us further warning.

that's a nice quantum computer you got there, sure would be a shame if someone created quantum resistant vector coordinates in 500 dimensions

>>60507261
All cool, but doesn't it need to be done before any significant progress, so that everyone can move into the new chain?
That move would make an inventory of all lost bitcoin, and I believe this is the reason the dozen majority Bitcoin owners are delaying the process.

Five hundred DlMENSlONS BRO
>solves that shit by the time your finger lifts back up from hitting enter
Nice try but quantum computing is already here. Preparefor a quantum crash

>>60507222 (OP)
will be here sooner than people think

>>60507438
>>60497665
Look at the dumps posted in that thread wowee

>>60507249
>>60507222 (OP)
>>60507354
>>60507438
bitcoin is quantum resistant
shor cannot break one way hash functions

>>60507620
its not dump resistant, see p2pk

>>60507620
resistant doesn't mean quantum proof, you're like a guy in 1903 saying that we will never be able to image a black hole. I'm sure Bitcoin will be cracked along with everything else.

>>60507631
public key is only revealed on spend
you can't double spend unless someone does address reuse

>>60507631
also, addresses use zpub/xpub now
you will never see a public key in your entire fucking life

>>60507642
>>60507645
Where can I read about this?
Are you saying you can send bitcoin to your address all you want and your public key will never show up on the ledger, but once you send some bitcoin out of that address, the public will show on the ledger?

>>60507222 (OP)
If this was real and not just a glorified chandelier, IBM would be worth far FAR more money

nothingburger. quantum resistant algorithms are already floating around. when it becomes a serious threat bitcorn will get an update.

>>60507222 (OP)
so is the next few years going to be constant quantum fud to weed out the midwits now that tether fud isnt working anymore

in any case btc is pretty secured against quantum computing, many other parts of the current world will fall first giving both plenty of warning and reaction time and mass panic from other sectors that lose value first

>>60507635
Beyond energy constraints Bitcoin is already not regularly computationally proof- if you built some traditional computer that devoured suns you could eventually get private key collisions and take the coins.

>I'm sure Bitcoin will be cracked along with everything else.

And like all cryptography you increase the bit strength at a paranoidly advanced rate

tulip mania is over soon

>>60507375
so according to you what should we be investing in right now then?

>not buying cash at its all time low and instead buying everything at the top
Deflation

>>60510114
>cash
absolute lol, when every relevant government has massive and unfixable budget deficits, yep cash certainly is the right answer here
anyways that same argument that cash is at atl can be made during the entire course of every bullrun ever and yet cash keeps going lower and lower for years on end

but but but they'll unprint trillions of dollars in just two more weeks
yup right

>make the computer thing look like a chandelier, that will make the retards think it's a magic computer

>>60507249
Even if it's fast, the breakthrough would be made by public US companies.
They would not attack BTC because of legal ramifications.
So there is always enough time to upgrade.
The scenario where some unknowns have a super quantum computers suddenly is comparable to the chance of an asteroid hitting earth, ignorable.