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Author Topic: Bitcoin and quantum computer fud  (Read 196 times)
bbc.reporter (OP)
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Today at 08:15:39 AM
 #21

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In any case, we are not experts on quantum computers. We can only follow the news updates.

I'm not gonna claim on being an expert part of your statement,  However AFAIK, BTC and that other coin both are equally at risk IF a magical QC suddenly surfaces.


About the concerns around the provided time table examples I must add;  when @satoshi starts moving his coins to Q-R wallets, it would only take less than 6 month for the whole crypto community to follow him. 

Remember, any system needs leader/s, without one they would just collapse. @satoshi is just a bit shy, that's all.

Yes, however, you also have mentioned the word magically as if also magically Satoshi will return hehehe. This is very headshaking because people who are being an Elmer Fud on quantum computers are also depending on something magically for their arrival. They might also be praying for this to happen and very much wish to see this magically.

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Today at 08:32:05 AM
 #22

It appears that this article is creating another type of fud that is based on the assumption that a quantum computer that will destroy the cryptospace will be created soon. This is headshaking to write this article with this as the author's big assumption.
The author is motivated by selfish motives (salary) by hyping up the quantum threats to cryptocurrencies and manipulating the fears of bicoiners. Smiley

This is yet another battle (which they've won, if we're discussing it here) between the media and our attention, which they monetize.

In any case, we are not experts on quantum computers. We can only follow the news updates. I will share more news updates on this developing storyline.
Thanks, but we don't need updates. Smiley If quantum computing makes a difference, we'll probably know about it right away. But for now, if that moment hasn't arrived yet (and what if the threat is exaggerated?), why panic ahead of time?

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Today at 02:28:37 PM
 #23

Apocalyptic theories will always exist. I've seen many debunk this quantum issue and say it's practically impossible, while others say the “end” is near. We'll only know when it actually happens; for now, I believe it's just speculation on both sides. Of course, considering the advancement of computing and the power of current computers, a threat isn't crazy, but we can't predict exactly how it will unfold.

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Today at 02:54:29 PM
 #24

We'll only know when it actually happens; for now, I believe it's just speculation on both sides.
'We'll know when it happens'? That does not sound comforting, lol. Tongue Before it happens, the network would have migrated to post-quantum cryptography, at least that is the plan. And like this article failed to mention, there are proposals to this effect and one can easily research and find it.

Like i have said before, it is the whole story surrounding quantum threat that is fud, and this article proves it to be correct. The agenda is probably to ignite fear in certain bitcoiners who do not know better, so they would sell off their BTC's, and for this author, he aims to deceive people to sell their BTC for ETH. 

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Today at 03:56:33 PM
 #25

I don't care about this kind of fud, Even if a powerful quantum computer appear it won't be Able to target many address at a time. But i believe bitcoin technical team will also do something to prevent it. When it appear bitcoin price may drop I wiil use that chance to buy more bitcoin.

It's been 27 years since bitcoin technology is made still no one can break with today's technology, when quantum computer appear don't you think those genius experts who made bitcoin won't make bitcoin technology more powerful that it can't be break within another 100 years.

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Today at 05:16:08 PM
 #26

I don't care about this kind of fud, Even if a powerful quantum computer appear it won't be Able to target many address at a time. But i believe bitcoin technical team will also do something to prevent it. When it appear bitcoin price may drop I wiil use that chance to buy more bitcoin.

It's been 27 years since bitcoin technology is made still no one can break with today's technology, when quantum computer appear don't you think those genius experts who made bitcoin won't make bitcoin technology more powerful that it can't be break within another 100 years.
I don't know why people are bothering themselves about this and I know that the government would never allow something like this to happen. Most of the quantum experimental labs are owned by the government and others are owned by big companies that have the control of the government. I know there will be guidelines how the quantum computers should be operated when the experimental processses is completed and quantum computers start performing their duties. We should buy be worried about quantum computer fud and that looks like a propaganda to make some investors give up on Bitcoin.

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