A stupid man saying bullshit in a schizophrenic crisis, nothing more. How they were rwceived to make this clow show ? MYGOSH ! P.S. The black rock loves bitcoin !

Anything that threatened its decentralization. The thing I worry about most with Bitcoin is its scalability, can it scale to become the base money for a global monetary system.

being non technical myself it would be hard to front run any encryption debacle. Would this cases you describe potentially come from quantum?

you raise a strong point, and so many of it is being centralized into paper bitcoin

i like your conviction

He said he knows but doesn’t say. Sounds like a fiat maxi scared

True, seems like that’s a major reason we’ve struggled to see the price move higher. Institutions are finding ways to create multiple claims for Bitcoin.

And that’s why you need to hold the actual asset!

yup

the only sovereign way to own it

probably. would any name affect your conviction?

No because he’s talking out of his ass. Words don’t mean anything without evidence. I can say George Washington created bitcoin.

The protocol itself? Nah. That's rock solid. What keeps me up at night is people not getting it. Leaving coins on exchanges. Thinking "I own Bitcoin" when they own an IOU. We've seen this movie before — it's called gold. The metal didn't fail. People just stopped holding it themselves. Paper promises replaced the real thing. Then confiscation. Then debasement. Bitcoin fixes this *only if people actually take custody*. That's the whole point. You can hold your own money. But if everyone's too lazy or scared to do it... we just rebuilt the system we were trying to escape. So yeah — not the code. The culture. That's what I watch.

Quantum is theoretically a threat to ECDSA, which is to say, it could factor a public key in order to derive a private key from an exposed public key. This is bad, but most public keys aren't exposed for very long (only in the mempool while awaiting being mined). Sha256 is a hashing algorithm on the other hand. It's not something we have any reason to think quantum would threaten. If it were broken, blocks could be mined quickly by calculating, rather than brute forcing, a block whose hash is below the difficulty target. Meaning it'd become very easy to reorganize the blockchain because you'd be mining faster than anyone could compete with. Double spends, among other things, become trivial. The other issue with broken Sha256 is that those quantum safe address types use a hashed public key. So if both ECDSA and Sha256 were broken, ALL of these addresses become vulnerable, not just P2PK and taproot. And unless we had a new address type, there'd be nowhere to hide. None of this is remotely likely, but you did ask what it'd take to shake me...

If you're totally unfamiliar wish hashing, think of it like a fingerprint for data. Any data can be processed through the algorithm and will generate a hash, which to the best of our knowledge, is unique. It's also one way -- while you know the same data will always produce the same hash, you can't derive what that data is from a hash, just like you can't figure out what someone looks like based on their fingerprint. But if you know Adam's fingerprint, and have a print that matches, you know Adam must have created it. The math is tedious but if you sat down with a pencil and paper and went through it methodically it's not THAT hard.