Comment on Fear that quantum computing is on the cusp of cracking cryptocurrency's encryption spurs a global investment firm to remove Bitcoin from recommendations

Honse@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

• iloveDigit@piefed.social ⁨1⁩ ⁨day⁩ ago

  In trading, gotta react early to stuff everyone else will react to later

  I won’t though, I’ll just keep my Bitcoin until it’s worthless lol

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  • JoeBigelow@lemmy.ca ⁨1⁩ ⁨day⁩ ago

    💎

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• a_non_monotonic_function@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Guessing how close or far we are from any given computing breakthrough is bound to be wrong.

  I wouldn’t be shocked if some governments were pouring money into this in secret.

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• technocrit@lemmy.dbzer0.com ⁨21⁩ ⁨hours⁩ ago

  It’s not even close lol why the panic

  The quantum grift is very similar to the “AI” grift.

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  • SmoothOperator@lemmy.world ⁨21⁩ ⁨hours⁩ ago

    Well, there’s grifters in both camps, but the quantum computing potential was scientifically proven with Shor’s algorithm decades ago, while nobody knows if AI will go anywhere from here.

    So also fundamentally dissimilar.

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• Clent@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

  It’s also possible for bitcoin to switch algorithms so it would presumably switch to something quantum resistant.

  There are already chat clients that have switched to these types of algorithms, Signal and Apple messages being the most popular ones.

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• Blue_Morpho@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Do you want to be the one holding the bag in 20 years?

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