For the layman Bitcoiner: QC/QT is built on an incoherent theory of fractional commitment, the belief that unmeasured potential states can be treated as real physical states, that superposition is a kind of “double-spending” of existence. All of it rests on a model that never defines what existence or measurement actually is, no definition for time. A theory Bitcoin has been openly falsifying for the last sixteen years without any recognition. The double spend problem is a physics problem. It’s time we actually stand behind Bitcoin and what its physics reveal. Bitcoin is losing the narrative war to a fiat theory of physics. View quoted note →

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This is a great way to say it. Quantum is the new alchemy. It appears that whatever these machines are actually doing, if we had a sane theory to describe it, there seems to be a physical limit of something like 100 logical qbits anyway, before the error correction introduces more noise than reduces. Not enough to ever crack a key.