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buckyfonds
Member since: 2024-02-06
buckyfonds
buckyfonds 10d

Yes, if have infinite resources, you generally have the best experts on everything you need to remain resource-unconstrained.

buckyfonds
buckyfonds 1h

I think that's a given unless you are able to spend the tainted UTXOs directly for goods/services (then it could get arbitraged). If you wanted to push everyone into paper Bitcoin ETFs (which they do), you'd make this extremely annoying for people (frozen coins, more taxes, etc.). Everyone who lives in the EU and has had their Bitcoin frozen due to the "travel rule" or any other bullshit reason knows what I'm talking about. Sadly, in the current regime 1 BTC is not equal to 1 BTC in some cases. You have "compliant BTC" and "non-compliant BTC". This will only get worse.

buckyfonds
buckyfonds 22h

The system doesn't need you to love it; it needs you to need it.

buckyfonds
buckyfonds 1d

Yes, all we can do is demand conclusive evidence. In reality, the community's response probably looks closer to: 1. DARPA's QBI: - 10-20% chance of utility scale QC by 2030, X% by 2033, etc. 2. Bitcoin's price dumps, community panics: "We need a quantum-resistance upgrade now". 3. Roadmap for quantum-resistance upgrade accepted, price rallies, everyone happy. 4. After the upgrade: Network 5 times less performant and everyone KYC'd by being pushed through centralized migration path. Most people scared of being hacked, so they just ETF instead of self-custody. DARPA and NIST (the government) have already written the script: - https://www.darpa.mil/research/programs/quantum-benchmarking-initiative - https://www.quantum.gov/nist-releases-post-quantum-encryption-standards/ QBI (DARPA) - stage B, expected response around 2027: The goal is to "determine": - "Is utility-scale Quantum Computing by ~2033 plausible with any architecture on the table?" Probable result: - timeline distributions ("10–20% chance by 2030, X% by 2033, etc"), - what scale (# of logical qubits, error rates) threatens which cryptosystems, - what constraints look binding (cooling, error correction, supply chains). NIST PQC standards (released in 2024): Public, bureaucratic migration rail: - "Here are the blessed algorithms; build around them". Probable result: - a new global default for key exchange + signatures, - compliance hooks (gov contracts, Federal Information Processing Standards, audits, regulatory guidance), - a pretext to re-issue, re-sign, re-identity everything. They can say in 2027: - to the public: "We've done the studies; quantum is a serious long-term concern, but we have standards, and if everyone migrates on schedule, we'll be fine."

buckyfonds
buckyfonds 1d

Quantum computing, like most things coming out of the government, seems like a complete scam. - https://www.theregister.com/2025/07/17/quantum_cryptanalysis_criticism/ - https://www.cs.auckland.ac.nz/~pgut001/pubs/bollocks.pdf However, Covid also was a complete scam (viruses have never been isolated and don't exist - https://rumble.com/v6rh2e3-there-was-no-covid-virus-how-weve-all-been-duped-by-the-medical-establishme.html ) and it was still used throughout the entire world to further the agenda of the Controllers. As I've shown in these 2 articles, this is also going to be the case for "Quantum Computing": - https://controlplanecapital.com/p/is-quantum-computing-a-threat-to - https://controlplanecapital.com/p/a-quantum-resistance-upgrade-would "Adversarial" countries like US, China, Russia, the EU, UK, Canada are all investing massive amounts of money into quantum computing. And you'll see that most of their "scientists" who work on quantum computing previously worked on nuclear weapons. Nuclear weapons don't exist as there is 0 evidence that an atom has ever been split ( https://www.youtube.com/watch?v=H6oGXzXz6yQ ) - so they went from one scam to another. We literally live under a one world government. I'm not trying to fud. Obviously I don't know when they'll decide to pull out the quantum scam, but it's a matter of when, not if. As I cover in this article, a quantum-resistance "upgrade" would be terrible for Bitcoin (and Monero). - https://controlplanecapital.com/p/a-quantum-resistance-upgrade-would I have a bad feeling that because it is a more technical topic, we might get a covid-type reaction from the community once the government-funded scientists come out with a paper how quantum computing is going to hack everything in X years. I hope I'm wrong. When I see videos like this 1 from Bitcoin core devs, I kind of lose faith. Obviously, Core is completely captured, but most people will still upgrade to whatever bullshit upgrade Core pushes on auto-pilot. "I believe that privacy is a right and encryption is not a crime. That said, I’m reticent to recommend either Zcash or Monero because they both use elliptic curve cryptography which is vulnerable to quantum computing" There is 0 evidence that Quantum can be engineered to scale cheaply and reliably enough to be broadly useful and this guy is just waiting to get told by NIST (the government) what post-quantum algorithm to migrate to and literally murder the network as MoE.

buckyfonds
buckyfonds 7d

Imagine having the ability to print too much money, hook everyone on cheap credit, cause inflation, and then stop printing because of inflation, cause a crisis, and rug-pull everyone because there isn't enough money in the system to service the debt. We've had this on repeat in almost every country, decade after decade, and we keep playing this game we can never win. Humans are kinda retarded to be honest. And for the role of the Fed's chair they always cast some old guy, or some old lady because old people would never fuck you over. And meanwhile Jerome Powell is going to parties with Jeff Bezos, Bill Gates, Jared Kushner, Ivanka Trump, Mitt Romney, and all of the other vampires. Shiiiiiiiiiiet.

buckyfonds
buckyfonds 6d

My post doesn't argue that Quantum is a threat to Bitcoin, it argues that it is largely irrelevant whether Quantum can be engineered to scale cheaply and reliably enough to be broadly useful because the incentives for Quantum FUD line up almost too perfectly. If they have a 100+ page whitepaper coming, then this changes everything and Google, Microsoft, IBM, xAI, DARPA and the other government agencies will have to pack it up. Either way, I'm happy to be wrong on this. Time will tell.

buckyfonds
buckyfonds 6d

A Quantum-resistance upgrade would be terrible for Bitcoin https://controlplanecapital.com/p/a-quantum-resistance-upgrade-would

buckyfonds
buckyfonds 7d

I am not pushing for a quantum-resistant upgrade, because a serious quantum-resistant upgrade for Bitcoin almost certainly means: much bigger transactions, faster chain growth, higher node requirements, and thus either (a) fewer transactions per block on L1 or (b) bigger blocks and more centralization pressure. The math of post-quantum signatures is the bottleneck. Still, I guess I can see it from their perspective if they think the upgrade is inevitable and are optimizing for fiat, not the Bitcoin network. Bitcoin has become a full-time job for many people - from the Core v30 fiasco, to the capture, paperization, and now the quantum theater. Lots of stress, little reward. Once you're at the point where you don't see the mass, non-custodial MoE scenario materializing, you just want to be rewarded in fiat and buy a farm, or a lambo or whatever.

buckyfonds
buckyfonds 7d

Probably yes, but can't predict "black swans" they use to install rails (problem -> reaction -> solution). These are usually short shocks -> patch. They can still inject just enough liquidity to roll over the debt which would be painful for asset prices (especially high beta and long duration equities) without a crisis. This tends to happen while the economy is strong and usually in midterm years.

buckyfonds
buckyfonds 7d

I haven't been paying attention to all the "Quantum breakthroughs" government puppets have been posting on X. Just read a few posts from Elon Musk, Sundar Pichai, Satya Nadella and other government officials, and at this point I'm pretty sure they are going to use quantum to fud the fuck out of Bitcoin and get infinite budgets for the upcoming AI governance regime. The question at this point is "when?", not "if?". And of course, quantum doesn't even have to be viable for them to scam their way into infinite AI governance money for your safety. I wrote about this here: https://controlplanecapital.com/p/is-quantum-computing-a-threat-to Here is a post from Sundar Pichai (the CEO of google) with a response from Musk ( https://x.com/elonmusk/status/1981045207333265688 ): Here is a quote-post from Elon on a post from Satya Nadella (CEO of Microsoft): If you check the added context to the post, you'll see that Satya is scamming, but he will still likely get to redeem the card. Here you have IBM (another government agency) also posting about quantum and Elon Musk, the puppet, asking his government AI whether quantum cracks SHA-256. Of course, Bitcoin's plumbing & history are secured by SHA-256 (block hashes, PoW, Merkle trees, script hashes, addresses, etc.). The government AI bot unfortunately for Elon does not cooperate. And last but not least, you have the fake space + fake quantum combo by Elon Musk: I find the odds of them pulling the quantum card during the next bull market very high. This would be short-term bearish for Bitcoin (and probably everything else, except for gold, silver, etc). Hopefully it isn't mid-term bearish for Bitcoin while other assets (e.g. state-embedded equities) recover quicker. That would suck.

buckyfonds
buckyfonds 7d

This guy knew. They must've had higher IQ in the 1800s.

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