4 months ago
Wed Feb 26, 2025 9:19pm PST
Elephant in the room: Quantum computers will destroy Bitcoin
Someone had to say it. Maybe the current drop is normies finally waking up and realizing that extrapolated accelerating developments in quantum computers will break encryption used in Bitcoin within 5 years.

It's also extremely naive to assume it will be easy to transfer a massive decentralized project to a post-quantum algorithm. Maybe new cryptos will be invented, but Bitcoin will not "retain value".

Things that will retain value if the entire internet is broken due to rapid deployment of quantum computers will be:

- Real estate

- Physical assets (gold, silver, etc)

- Physical stock certificates (printed on actual paper)

- Paper money

Since internet, cards, finance may just stop functioning one day as quantum computers break all encryption.

Feel free to prove me wrong.

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