I tend to concur. I watched the podcast and, no shade to , of course, but it bummed me out. This is a particularly nasty FUD that's really hard to grok and defend against. Most people talking about it are sincere. Who dares to question the high priests of theoretical physics? The fiat hype machine invested in it has a ton of firepower. Companies spend massively on building quantum resistance, which is mostly theater: "it's ready to turn on." They get moat and privileged market access. Meanwhile, if it's all smoke--and it defies first principles reasoning, as you say--then precious cryptography and engineering resources are being burnt on an altar fraud. And Bitcoin gets FUDed and potentially distracted and deformed in the process. We have to find the right balance of messaging and pragmatic readiness to navigate this somehow, without wasting too much time or damaging the network OR getting gated out.

Shiver me timbers! ☕

We need to get better at explaining why we are not doing this, to answer the quantum FUD, without actually wasting time or trashing the network by actually doing anything about it now. Quantum resistant algos are far less efficient, DRAMATICALLY larger in data size and not proven. There seems to be a physical limit of something like 100 logical qbits and I am very skeptical that a meaningful quantum computer will ever exist. The theory itself is highly questionable.

This is a great way to say it. Quantum is the new alchemy. It appears that whatever these machines are actually doing, if we had a sane theory to describe it, there seems to be a physical limit of something like 100 logical qbits anyway, before the error correction introduces more noise than reduces. Not enough to ever crack a key.

Bravo

Price does not determine destiny. Destiny will determine price. Bitcoin's destiny will be decided by what we build and do today. Price is a lagging and faulty indicator. The scoreboard is not the game. Stay humble, stack sats.

Best thing ever.

GM!

I'll take full of shit for $1T, Alex.

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