Web site to which I already pay an annual subscription: "if you want to export this report as CSV or PDF then you need to upgrade for another several hundred dollars per year" Me: "GPT, look at the HTML of this web page and generate a CSV report."

The reactions to BIP-361 revealed that many believe the appearance of a quantum computer would only result in temporary market volatility. Unfortunately, it's not that simple. This is my attempt to comprehensively catalog what could happen.

Cypherpunk Cogitations

Quantum Attack Game Theory

A comprehensive analysis of potential attacks and undesirable outcomes resulting from a cryptographically relevant quantum computer being wielded a...

I've been doing a lot of adversarial thinking about Bitcoin's game theory recently and it led me to vibe code up a neat little tool to help understand and visualize miner fee sniping logic. In other words, when does the expected value of reorganizing the blockchain make sense for a given miner to attempt it?

Bitcoin fee-sniping reorg EV chart

It's a beautiful day to be alive.

Timeline cleanse:

Thousands of years ago, humans needed to be in great cardiovascular shape in order to hunt their prey. Today it's still important to do cardio in case a flight delay requires you to get from one end of an airport to the other in 10 minutes.

- Run a massive dark web market for years - Stay in hiding for years after the FBI seizes your market - Take all the market's bitcoin and move it to one wallet - Send the BTC through BitPay to buy gold bars - Have the gold shipped to your real home address 🤦🏼‍♂️

 

I've been spewing my musings on social media for over 20 years, so it's amusing whenever someone tries to tell me that I'm doing a poor job catering to my audience. Let me be clear: I have always posted whatever has suited my fancy without regard for any perceived audience. I did it when there were a hundred followers and when there were hundreds of thousands of followers. It should be obvious that I'm not on nostr for fame or fortune. I already achieved more fame than I'm interested in, and decline most media invitations these days. If you zap my profile, I don't receive those sats: they go directly to @HRF. I'm on nostr because I want to support censorship resistant tools. Follow me or don't. Whiners will get relegated to my mute list.