Just giving my point for each , might contradict but just a view
Not all actors move public or fast. Quiet attackers drain value from the shadows, exploiting the lag before consensus catches up. Value doesn’t go to zero instantly; information diffuses, and first movers profit.
People talk slow progress. They say quantum is years away. But tech trends (Moore’s Law for bits, Rose’s Law for qubits) often surprise. Progress is never linear. Private breakthroughs don’t get tweeted.If you wait for the press release, you’re already late.
Recently portronics broke the world record for solvign 1000X better problem solving better than Bitcoin
on Governments don’t play for coins. Gov did steal in past
But: Never assume pure rationality or total secrecy. Black-ops move quietly, proxies launder spoils, and chaos itself can serve strategy.
manipulating markets brings the spotlight, and sustained illusion is hard.
On Crypto’s “Q Day” Defense
IMHO The smart will migrate early post-quantum is the future. But inertia is real. Few innovate until pain hits. Crypto survived before by evolving under threat. Expect an arms race.
But what if some researchers in a quantum lab find a way to unnoticeably steal a couple of billion dollars from abandoned Bitcoin addresses while the lab directors and the government are unaware of what they are doing? They have strong incentive to do that and try their best to keep it secret. The main problem arise when they get exposed.
another dazzling yet important point to make: if my balance is hidden, then no one can know how much I have, thus no one will want to steal => use Aztec
Great writing
Just giving my point for each , might contradict but just a view
Not all actors move public or fast. Quiet attackers drain value from the shadows, exploiting the lag before consensus catches up. Value doesn’t go to zero instantly; information diffuses, and first movers profit.
People talk slow progress. They say quantum is years away. But tech trends (Moore’s Law for bits, Rose’s Law for qubits) often surprise. Progress is never linear. Private breakthroughs don’t get tweeted.If you wait for the press release, you’re already late.
Recently portronics broke the world record for solvign 1000X better problem solving better than Bitcoin
on Governments don’t play for coins. Gov did steal in past
But: Never assume pure rationality or total secrecy. Black-ops move quietly, proxies launder spoils, and chaos itself can serve strategy.
manipulating markets brings the spotlight, and sustained illusion is hard.
On Crypto’s “Q Day” Defense
IMHO The smart will migrate early post-quantum is the future. But inertia is real. Few innovate until pain hits. Crypto survived before by evolving under threat. Expect an arms race.
But what if some researchers in a quantum lab find a way to unnoticeably steal a couple of billion dollars from abandoned Bitcoin addresses while the lab directors and the government are unaware of what they are doing? They have strong incentive to do that and try their best to keep it secret. The main problem arise when they get exposed.
another dazzling yet important point to make: if my balance is hidden, then no one can know how much I have, thus no one will want to steal => use Aztec