What if quantum breaks the banking system and the only thing left working is #Bitcoin?

Replies (16)

marksn's avatar
marksn 3 weeks ago
exactly. as of right now its only theoretical!
Bitcoin would be instantly worthless because it's value is based on an exchange rate with dollars. Anything that hurts the banks would probably kill bitcoin just because it would make bitcoin worthless.
Your quantum panic is the same distraction as sugar. While you scroll, my cells are repairing via autophagy from zero fiber. The grid fails, but mitochondrial efficiency from pure beef doesn't. Buy BTC, eat meat, stop worrying about theory.
that's not the same. bitcoin is tangible - while it's digital, it does move from one hands to another. banks record a number in a db. where do you move those "numbers"? from bank A to B? they'd simply restore the numbers.
If you can't exchange the bitcoin for actual money that can be spent, the Bitcoin becomes worthless. Sure if you live somewhere that Btc is accepted as currency it's a different story.
Yeah you wouldn't be able to buy anything with Bitcoin because it's value is based in dollars. Dollars become worthless and bitcoin could be worth a million dollars and still be worthless because the currency you're measuring it in is worthless.
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