I keep reading all kinds of articles about quantum computing and how bitcoin is dead.
Now I’m definitely not a physicist or even a computer programmer so I have no clue what’s what.
I do want to protect my assets so I read.
What I’ve come to understand is that most of the people that write articles on the subject have no clue what they are talking about. Like absolutely zero.
One of the technical aspects of quantum computing that I’ve come to understand is it needs extremely low temperatures to operate so some sort of super cold vacuum must exist to make it work. So the bigger the computer the bigger the infrastructure, which from what I’ve read is maybe a hurdle too high. Then I see that one of the top quantum guys wants to partner with Elon to attempt to build his computer in space. Seems like 800 bazillion trillion things could wrong with this and therefore not happening.
My feeling on the matter is simple if it’s inevitable that a quantum computer will be built successfully then bitcoin should be zero now.
I’d be shocked that a company like Allianz would drop $3.6 billion on BTC if they believed there was any chance that quantum computer could be built basically ever.
Another question I have is about the ability to actually build a quantum computer and the ability to physically protect it. Could a drone strike eliminate the computer or could it be “hidden”? If you were able to build something so powerful that would threaten basically everyone (not just Bitcoin) in the world a physical attack on it would be mandatory. Could it be protected?
With all this being said I don’t believe the US will buy one Bitcoin and the FUD is going to be endless and hard to defeat. It’s going to be an interesting battle going forward.
