Coney Croft

3I/Atlas is a seed seeking a solar system with a planet to crash into, to impregnate and create life.

Hey all! Have patients with NSTR. It’s doing just fine. X is everybody’s go to for now, but it’s centralized nature will trip it up sooner or later. And no wallet for tips over there. Missing the point, I think. If you give something your time and energy, and somebody appreciates you for it, it should reward you something more than just a ❤️

Apparently, a lot of people are bitch’in right now that things are not going well for them in Crypto. I don’t blame them if they dipped their toes too deep into Alt Coins, but many also not happy with Bitcoin. They say that Wall Street, Government, and Whales are manipulating too much. Bitcoin was meant to be for everybody. Even for people you don’t like. Wall Street, Government, and even Whales can only manipulate things so much. At some point, with patients, something as good as Bitcoin will break the chains that try to enslave it. For now, it’s doing exactly what it’s supposed to do. Anybody anywhere can use it without permission. Tick Tock, Next Block!

A beautiful Tuesday afternoon in the park. Me checking out my NOSTR feed, while my wife shops the boutiques. Me trying to figure out what jewelry she would like for combination birthday/anniversary coming up very soon.

It’s apparent that in the future, a quantum computer will be able to break the cryptography of old addresses that have not moved to new quantum resistant addresses. It would be nice if a Bitcoin organization will use a quantum computer to move those coins back to the blockchain, so that they can be re-mined properly to be redistributed to a new generation of Bitcoiners that understand how to properly protect their Bitcoin. Still only 21 mil. Will ever exist.

I can’t agree with the US dollar being used as a weapon. Sanctioning is designed to use the dollar to force an adversarial government to do what our government wants them to do. At some point, if this were to be a successful way of controlling governments, then at what point would they use this tactic on its own citizenship to control them. Sanctions weaken the money, and force people to find another source of exchange to avoid these controls. Sanctions also do more harm to the innocent citizenship of sanctioned countries then it does to their ruling class.

Just my 2 SATs on the Quantum Debate. I think that after Quantum resistant addresses are approved, owners of Bitcoin are given a fair amount of time to move their Bitcoin to these new addresses. After which, then Old Addresses that have not moved are Time locked for 180 days after a transaction has been submitted to be mined. After which these time locked Bitcoin are only able to be sent to pre-approved Exchange Addresses for which the owners have been KYC’d properly. That would certainly slow down their release back into the community, and we would know what company or individuals were using Quantum computers to break the old code. Doing this may even give original owners of lost keys the ability to claim thru legal avenues that those were their coins.

I had a dream! That investors selling Bitcoin with the hopes of rebuying them at a cheaper price, are finding out that the persons buying their Bitcoin have no plans to sell them. Then when those sellers want to rebuy at the lower price, they won’t be able to find anybody to buy them from.

Was just listening to Trevor CTO talk about post Quantum attack on Bitcoin. Interesting! I’d like to get my vote in early. If someone fires up a quantum computer, and breaks the Cryptography on any coins not moved into Quantum resistant addresses, then they should get to keep them. But better yet, how about if someone were to AirDrop those recovered coins on a percentage basis into Quantum resistant addresses of people that already moved their coins. That would be way cool.

What if; Bitcoin was updated to quantum resistant. All you had to do is move your Bitcoin to a quantum resistant address. Then somebody with a quantum computer started with oldest first Bitcoin addresses that have not been moved to quantum resistant addresses, and moved those Bitcoin to a treasury. Let’s say this fellow is an honest someone, that wants people that owned those coins to get them back, even if they were lost or forgotten. If those persons could somehow prove those were theirs they would be returned via a quantum resistant address. I believe that over all, that would be good for Bitcoin.

Blackrock recently warned investors of the dangers of quantum computers to break encryption on Bitcoin. Bitcoin can easily be made quantum resistant. The only problem, if you really feel it is one, is that only old lost, or Satoshi addresses will be able to be hacked. Personally, I don’t see that as a problem. Maybe even a blessing. These old coins will be recirculated into the economy. As they are bought up, the price may fall and then eventually recover. Always need to remember, there only can be 21 million coins in all. No matter how hard we try, there will always be more lost coins in the future. Not as many hopefully as there were originally, as we learn more about how to protect those valuable assets.