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re: What happens when Quantum Computing is able to break Bitcoin’s Encryption

Posted on 3/15/25 at 8:34 pm to
Posted by UcobiaA
The Gump
Member since Nov 2010
3866 posts
Posted on 3/15/25 at 8:34 pm to
Posted by KamaCausey_LSU
Member since Apr 2013
15981 posts
Posted on 3/15/25 at 8:38 pm to
Seems like there is a new AI or quantum computing story out of China every week.

And everytime people dig into it. It comes out that it's embellished at best, but closer to complete bull.
Posted by bluestem75
Dallas, TX
Member since Oct 2007
4561 posts
Posted on 3/15/25 at 8:45 pm to
There’s a reason China is rushing: their demographics are about to fall off of a cliff. And it’ll happen a generation before ours will.

They also have overextended their interior infrastructure by building thousands of defunct skyscrapers and housing projects. It’s already becoming a country of ghost towns.
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
13027 posts
Posted on 3/15/25 at 8:49 pm to
Your video is not 20 years ago like you falsely claimed.


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Posted by Bigdawgb
Member since Oct 2023
2442 posts
Posted on 3/15/25 at 8:52 pm to
quote:

I do not understand any oof this crap....over my head


It's weird, I remember growing up loving better & better video games & seeing how much better every new generation of PCs would be.

But now between (theoretically) AI replacing everyone and Quantum Computing ruining security, it seems like technology has advanced too far & now people are scared of it advancing any more.
This post was edited on 3/15/25 at 8:53 pm
Posted by Raz
Member since Oct 2006
7978 posts
Posted on 3/15/25 at 8:52 pm to
quote:

What happens when Quantum Computing is able to break Bitcoin’s Encryption


Good thing bitcoin is on a block chain then, and not some centrally controlled server where the encryption can be defeated and network taken over.
Posted by UcobiaA
The Gump
Member since Nov 2010
3866 posts
Posted on 3/15/25 at 8:56 pm to
You don't think the Chinese used that to make their robots? Show me some Chinese innovation.
Posted by Skippy1013
Lafayette, La
Member since Oct 2017
689 posts
Posted on 3/15/25 at 8:57 pm to
There are quantum resistant solutions that are already being implemented such as lattice based cryptography which is resistant to quantum attacks by staying ahead of the encryption attacks with always advancing technology and techniques.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
76321 posts
Posted on 3/15/25 at 8:57 pm to
quote:

what happens when quantum computing can break the encryption?


That's not the first concern with crypto.

What happens when you don't have electricity?
Posted by Hodag
Northwoods
Member since Sep 2024
1083 posts
Posted on 3/15/25 at 9:00 pm to
quote:

don't get the strategic crypto reserve either. What are we doing? Our own government is shorting its currency? That is a bad signal, right?


It is literally just talking the 200k BTC that has been sitting on a thumb drive in a safe somewhere and labeling it as a reserve that can't be dipped into when the CIA needs to kill some people off the books.

No buying, no selling.

How exactly is that "shorting our own currency"?
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
13027 posts
Posted on 3/15/25 at 9:01 pm to
quote:

You don't think the Chinese used that to make their robots? Show me some Chinese innovation.


Bro...You falsely claimed that we are 20 years ahead of China in Robotics which is just not true. They are ahead of not only us but the rest of the World in Robotics, that is acknowledged by everyone.


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Posted by Bayoutigre
29.9N 92.1W
Member since Feb 2007
5868 posts
Posted on 3/15/25 at 9:59 pm to
quote:

Quantum Computing will also protect bitcoin.
wrong
This post was edited on 3/15/25 at 10:00 pm
Posted by Bayoutigre
29.9N 92.1W
Member since Feb 2007
5868 posts
Posted on 3/15/25 at 10:04 pm to
quote:

I'm burying cash in sealed mylar bags. Seriously.
in 6 months it will be deemed worthless
Posted by Robin Masters
Birmingham
Member since Jul 2010
33899 posts
Posted on 3/15/25 at 10:12 pm to
I don’t know much about quantum computing or bitcoin but logic would dictate if it can hack and steal everyone’s bitcoin it can hack and steal what’s in everyone’s bank accounts.

So short is answer is we’re all fricked m.
Posted by narddogg81
Vancouver
Member since Jan 2012
21241 posts
Posted on 3/15/25 at 10:15 pm to
Or you could just realize that China lies about literally everything. They can't even make a decent GPU but sure, they blew Google away in quantum computing
This post was edited on 3/15/25 at 10:48 pm
Posted by SirWinston
PNW
Member since Jul 2014
95699 posts
Posted on 3/15/25 at 10:15 pm to
Lofty screen name, mate
Posted by Zephyrius
Wharton, La.
Member since Dec 2004
8574 posts
Posted on 3/15/25 at 10:23 pm to
quote:


Then we all go back to pre-internet technology as the only way to completely contain the rogue program is to disconnect most networks from the global network.

Well, back to dos anyway.
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
13027 posts
Posted on 3/15/25 at 10:46 pm to
Or you could just realize you are in denial. I don't deny reality just because I don't like it


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Posted by narddogg81
Vancouver
Member since Jan 2012
21241 posts
Posted on 3/15/25 at 10:49 pm to
quote:

John Barron
China paying you now to blow them too? Business is booming
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
13027 posts
Posted on 3/15/25 at 11:02 pm to
Instead of addressing the factual information I presented you resort to more fantasy. Not surprised coming from someone who denies reality.


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