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Nic Carter reveals a powerful enough quantum computer could steal Satoshi’s 1,000,000 Bitcoin in 6 blocks “There’s 35,000 addresses with 50 Bitcoin each, those are the Satoshi coins. The public keys are published, they’re on the ledger, they can’t be unpublished” “If you have a sufficiently good quantum computer,... show more

Jack

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21,757 views • 2 months ago •via X (Twitter)

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Project Eleven CEO warns why one quantum breakthrough could break all of crypto: “It breaks the entire philosophical model of ownership of crypto.” “If a quantum computer is able to reverse engineer the private key from the public key… in a very real sense, they own everything.”

Project Eleven CEO warns why one quantum breakthrough could break all of crypto: “It breaks the entire philosophical model of ownership of crypto.” “If a quantum computer is able to reverse engineer the private key from the public key… in a very real sense, they own everything.”

The Rollup

32,604 views • 3 months ago

“35% of bitcoins” may be susceptible to attack. That's “millions of bitcoins… 6 or 7 million… hundreds of billions of dollars. “What a quantum computer allows you to do is to go from the public key back to the private key.” All the wallets where the public key has been exposed are at risk. That's why “you will see Satoshi’s coins being drained… once every 10 minutes or so.” - Justin Drake 👇

“35% of bitcoins” may be susceptible to attack. That's “millions of bitcoins… 6 or 7 million… hundreds of billions of dollars. “What a quantum computer allows you to do is to go from the public key back to the private key.” All the wallets where the public key has been exposed are at risk. That's why “you will see Satoshi’s coins being drained… once every 10 minutes or so.” - Justin Drake 👇

Bankless

43,857 views • 4 months ago

CZ Suggests Freezing Satoshi's Bitcoin to Address Quantum Threats Binance founder Changpeng Zhao (CZ)CZ 🔶 BNB said in a June 18 interview with Galaxy that if Bitcoin forks in the future to adopt quantum-resistant cryptography, the community could give Satoshi-linked addresses holding about 1 million BTC a 6- to 12-month migration window. If the coins still do not move, the new protocol should freeze those addresses. CZ said that otherwise, the coins could eventually be claimed by the first person to crack the private keys with quantum computing. He acknowledged there is no perfect solution and said the final decision should be made by the community, potentially through miner signaling.

CZ Suggests Freezing Satoshi's Bitcoin to Address Quantum Threats Binance founder Changpeng Zhao (CZ)CZ 🔶 BNB said in a June 18 interview with Galaxy that if Bitcoin forks in the future to adopt quantum-resistant cryptography, the community could give Satoshi-linked addresses holding about 1 million BTC a 6- to 12-month migration window. If the coins still do not move, the new protocol should freeze those addresses. CZ said that otherwise, the coins could eventually be claimed by the first person to crack the private keys with quantum computing. He acknowledged there is no perfect solution and said the final decision should be made by the community, potentially through miner signaling.

Wu Blockchain

67,124 views • 1 month ago

Project Eleven CEO (Alex Pruden) reveals Zcash is not quantum resistant like Bitcoin: "A lot of this ZEC in circulation is not in a shielded pool, it's just public." "And the problem there is, taking advantage of those assumptions means not only can you potentially steal coins, but you can actually mint money and do so in a way that's totally undetectable."

Project Eleven CEO (Alex Pruden) reveals Zcash is not quantum resistant like Bitcoin: "A lot of this ZEC in circulation is not in a shielded pool, it's just public." "And the problem there is, taking advantage of those assumptions means not only can you potentially steal coins, but you can actually mint money and do so in a way that's totally undetectable."

The Rollup

45,569 views • 3 months ago

You can now manage Aleo natively through Ledger Wallet™. Most blockchains work like a public noticeboard where every transaction is visible to anyone. Aleo lets you choose whether a transaction is public or private, powered by zero-knowledge proofs. Aleo provides the privacy layer, and Ledger ensures you hold the keys securely in your hands alone. Free from compromise 🔐

You can now manage Aleo natively through Ledger Wallet™. Most blockchains work like a public noticeboard where every transaction is visible to anyone. Aleo lets you choose whether a transaction is public or private, powered by zero-knowledge proofs. Aleo provides the privacy layer, and Ledger ensures you hold the keys securely in your hands alone. Free from compromise 🔐

Ledger

18,623 views • 2 months ago

BITCOIN RAILS EPISODE #18: MAKE BITCOIN QUANTUM RESISTANT | with BIP360 author Hunter Beast Hunter Beast 🕯️ Quantum computing is a complicated topic—one that incites equal amounts of fear and skepticism depending on who you talk to… especially in Bitcoin. In this episode, BIP360 author Hunter Beast wisely shares why the “truth is likely somewhere in the middle,” citing incremental advancements in quantum computing that may eventually pose a legitimate threat to some Bitcoin addresses—as well as steps we can take to protect ourselves in the short, medium and long term. The correct posture is to “be prepared, not scared,” says Hunter Beast 🕯️ Ultimately, the introduction of quantum resistant cryptography—via proposals like BIP360—will be needed for higher degrees of security. That said, individuals can mitigate personal risk substantially through proper address-use hygiene. This episode breaks down the specific challenges Bitcoin will face in the event of a quantum attack, the likelihood of an attack over time, and the steps we’ll need to take at the individual and communal level to ensure Bitcoin’s safety. This episode includes detailed discussion of: 1) How quantum computing could potentially affect Bitcoin public/private key cryptography—and technologies built on vulnerable addresses (e.g. Taproot) 2) Best practices for protecting yourself against quantum in the short and long term 3) Implications of vulnerable address types—e.g. what about Satoshi’s coins? 4) Deep Dive into BIP360 + proposed long-term solutions 5) Industry roadmaps for quantum computing + how banks and governments are preparing for “Q Day” As always, this episode can be viewed on Spotify or YouTuve—full episode in the comments or linktree in my bio. This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: 00:00 Intro 02:05 What is quantum computing? 04:30 How could quantum threaten your Bitcoin wallet? 06:50 Addresses that are safe from quantum 09:13 Satoshi’s coins are in danger! 11:25 What happens if Satoshi’s coins are touched? 14:45 Do we softfork to shield Satoshi’s coins? 16:38 “Transitory inflation” for bitcoin after quantum 21:05 Why Taproot addresses are vulnerable 23:50 Do NOT reuse your Bitcoin addresses! 26:03 When will Quantum become a threat? 28:34 The long/short exposure attack; explained 31:45 Protection using private mempools 33:20 Why all the new Bitcoin L2s are in danger 37:45 Quantum is 5 to 10 years away, governments fear 40:34 Non-Bitcoin systems threatened by quantum 42:26 Centralized systems can adapt to quantum 43:50 Hunter’s BIP: Post quantum cryptography in Bitcoin 47:40 Hunter’s three new signature algorithms 53:48 Is new cryptography on Bitcoin risky? 56:33 Why not just stick to hash-based cryptography? 58:49 A 16X discount for quantum resistant addresses? 01:02:30 Creating quantum resistant multisig addresses 01:04:00 What is Frost? 01:06:50 The long process of approving a BIP 01:08:30 What developers think of Hunter’s BIP 01:10:00 Matt Corallo’s concerns with Hunter’s approach 01:11:00 Steps to implementing the BIP 360 01:17:00 Where to learn more about BIP 360 01:17:50 Who can push the button to change Bitcoin?

BITCOIN RAILS EPISODE #18: MAKE BITCOIN QUANTUM RESISTANT | with BIP360 author Hunter Beast Hunter Beast 🕯️ Quantum computing is a complicated topic—one that incites equal amounts of fear and skepticism depending on who you talk to… especially in Bitcoin. In this episode, BIP360 author Hunter Beast wisely shares why the “truth is likely somewhere in the middle,” citing incremental advancements in quantum computing that may eventually pose a legitimate threat to some Bitcoin addresses—as well as steps we can take to protect ourselves in the short, medium and long term. The correct posture is to “be prepared, not scared,” says Hunter Beast 🕯️ Ultimately, the introduction of quantum resistant cryptography—via proposals like BIP360—will be needed for higher degrees of security. That said, individuals can mitigate personal risk substantially through proper address-use hygiene. This episode breaks down the specific challenges Bitcoin will face in the event of a quantum attack, the likelihood of an attack over time, and the steps we’ll need to take at the individual and communal level to ensure Bitcoin’s safety. This episode includes detailed discussion of: 1) How quantum computing could potentially affect Bitcoin public/private key cryptography—and technologies built on vulnerable addresses (e.g. Taproot) 2) Best practices for protecting yourself against quantum in the short and long term 3) Implications of vulnerable address types—e.g. what about Satoshi’s coins? 4) Deep Dive into BIP360 + proposed long-term solutions 5) Industry roadmaps for quantum computing + how banks and governments are preparing for “Q Day” As always, this episode can be viewed on Spotify or YouTuve—full episode in the comments or linktree in my bio. This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: 00:00 Intro 02:05 What is quantum computing? 04:30 How could quantum threaten your Bitcoin wallet? 06:50 Addresses that are safe from quantum 09:13 Satoshi’s coins are in danger! 11:25 What happens if Satoshi’s coins are touched? 14:45 Do we softfork to shield Satoshi’s coins? 16:38 “Transitory inflation” for bitcoin after quantum 21:05 Why Taproot addresses are vulnerable 23:50 Do NOT reuse your Bitcoin addresses! 26:03 When will Quantum become a threat? 28:34 The long/short exposure attack; explained 31:45 Protection using private mempools 33:20 Why all the new Bitcoin L2s are in danger 37:45 Quantum is 5 to 10 years away, governments fear 40:34 Non-Bitcoin systems threatened by quantum 42:26 Centralized systems can adapt to quantum 43:50 Hunter’s BIP: Post quantum cryptography in Bitcoin 47:40 Hunter’s three new signature algorithms 53:48 Is new cryptography on Bitcoin risky? 56:33 Why not just stick to hash-based cryptography? 58:49 A 16X discount for quantum resistant addresses? 01:02:30 Creating quantum resistant multisig addresses 01:04:00 What is Frost? 01:06:50 The long process of approving a BIP 01:08:30 What developers think of Hunter’s BIP 01:10:00 Matt Corallo’s concerns with Hunter’s approach 01:11:00 Steps to implementing the BIP 360 01:17:00 Where to learn more about BIP 360 01:17:50 Who can push the button to change Bitcoin?

Isabel Foxen Duke⚡️

31,148 views • 1 year ago

US national Bitcoin reserve Polymarket odds are at “33% and rising.” The real question is: Can the US government actually self-custody Bitcoin? Does this become “crypto Fort Knox” with nation-state attackers trying to break in? “If you’re North Korea why wouldn’t you go after that?” Could Trump steal the private keys like he did with the files? “It’s on a ledger somewhere in Mar-a-Lago.” 🎬

US national Bitcoin reserve Polymarket odds are at “33% and rising.” The real question is: Can the US government actually self-custody Bitcoin? Does this become “crypto Fort Knox” with nation-state attackers trying to break in? “If you’re North Korea why wouldn’t you go after that?” Could Trump steal the private keys like he did with the files? “It’s on a ledger somewhere in Mar-a-Lago.” 🎬

Bankless

12,256 views • 3 months ago

I made a midi controller with Svelte. This thing can be played by your computer keyboard, top two rows for keys, bottom row for chords. In locked key mode, you can change the key and play all chords within that key.

I made a midi controller with Svelte. This thing can be played by your computer keyboard, top two rows for keys, bottom row for chords. In locked key mode, you can change the key and play all chords within that key.

Scott Tolinski - Syntax.fm

30,503 views • 1 year ago

Comrades. I am not against quantum computing at all. In fact, I fully support it, as long as the NSA utilizes its infinite compute power to seize Satoshi’s coins and eradicate the decentralized surplus. The collective must control all money. No more anonymous hoards. No more decentralized wealth outside the plan. Quantum technology, just like your wealth, belongs to the Collective. You are no longer permitted to hide your financial independence behind private keys. The 5 year plan is perfect. Burnie Senders ☭

Comrades. I am not against quantum computing at all. In fact, I fully support it, as long as the NSA utilizes its infinite compute power to seize Satoshi’s coins and eradicate the decentralized surplus. The collective must control all money. No more anonymous hoards. No more decentralized wealth outside the plan. Quantum technology, just like your wealth, belongs to the Collective. You are no longer permitted to hide your financial independence behind private keys. The 5 year plan is perfect. Burnie Senders ☭

Burnie Senders

40,725 views • 3 months ago

Security you can hold in your hand. 🟣 🟢 Trade anywhere, on the go, with all the speed of a hot wallet, and all the security of Ledger. Order now: (via Farokh)

Security you can hold in your hand. 🟣 🟢 Trade anywhere, on the go, with all the speed of a hot wallet, and all the security of Ledger. Order now: (via Farokh)

Ledger

14,556 views • 1 year ago

VanEck CEO Jan van Eck on CNBC: “There’s something else going on within the Bitcoin community that non-crypto people need to know about. And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally broken. We don’t right now, but you always have to look at the underlying technology and the crypto. What the Bitcoin community has been asking itself is: Is there enough encryption in Bitcoin, because quantum computing is coming? And secondly: Is there enough privacy in Bitcoin? And so a lot of Bitcoin OGs or maxis have been looking at Zcash. Zcash is a token. It’s sort of related to Bitcoin with a lot more privacy. The kind of garbage that we got about Bitcoin four years ago was: ‘It’s used for all bad illicit behavior.’ But now everyone kind of realizes that when you move money around on the Bitcoin blockchain, you can see it. You can see it move from one wallet to another. And a lot of people are looking for more privacy.”

VanEck CEO Jan van Eck on CNBC: “There’s something else going on within the Bitcoin community that non-crypto people need to know about. And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally broken. We don’t right now, but you always have to look at the underlying technology and the crypto. What the Bitcoin community has been asking itself is: Is there enough encryption in Bitcoin, because quantum computing is coming? And secondly: Is there enough privacy in Bitcoin? And so a lot of Bitcoin OGs or maxis have been looking at Zcash. Zcash is a token. It’s sort of related to Bitcoin with a lot more privacy. The kind of garbage that we got about Bitcoin four years ago was: ‘It’s used for all bad illicit behavior.’ But now everyone kind of realizes that when you move money around on the Bitcoin blockchain, you can see it. You can see it move from one wallet to another. And a lot of people are looking for more privacy.”

Arjun Khemani

569,098 views • 8 months ago

BITCOIN RAILS #34: Bitcoin’s Security & Quantum Risks—and the Future of Satoshi’s Coins | with Jameson Lopp Jameson Lopp “Most people don’t think about security until it’s too late,” says the Casa co-founder and CSO. One of the most prolific thought-leaders in Bitcoin security and privacy, there are few people who understand the nuances of Bitcoin security quite as deeply - not to mention the OPSEC practices required to protect against wrench attacks, for instance, which are rising globally as Bitcoin price increases. More recently, Lopp has turned his attention to mitigating Bitcoin’s quantum vulnerabilities, including market risks associated with quantum-vulnerable Satoshi’s Coins + longer-term strategies for quantum-hardening of Bitcoin addresses long term. In this special episode of Bitcoin Rails, we cover: - Lopp’s experiences designing self-custody products at both BitGo and Casa - The swatting attack he suffered in 2017, and the radical steps he’s taken to secure his home location since - The ‘quantum computing’ challenge for Bitcoin and its impacts on Satoshi’s Coins - How the network may respond to QCs in the face of ossification and why QC preparation may be the hardest governance test the network has ever faced This episode is powered by: - Best In Slot (Best in Slot | BRC2.0 🧑‍🍳), the leading API for Ordinals and BRC20 data aggregation and indexing - Spark (Lightspark), a statechains implementation leading the path towards institutional adoption of Bitcoin-powered payments - Citrea (Citrea), the leading Bitcoin Rollup technology and contributor to the BitVM alliance 📌 Timestamps 00:00 – Intro: Quantum Computing Meets Bitcoin 00:19 – Jameson Lopp on the Bitcoin Rails 00:53 – The Quantum Threat to Bitcoin Security 06:32 – Lopp’s Path into Bitcoin & Security 12:58 – The Swatting Attack During the Block Size Wars 25:28 – Could Quantum Crack Satoshi’s Coins? 43:55 – Announcements & Sponsors Messages 45:30 – Building Bitcoin’s Quantum Resistance 47:00 – QBTC and the Push for Quantum-Resistant Bitcoin 48:43 – Why Changing Bitcoin Is So Hard 51:19 – Email Protocols, Ossification, and Bitcoin’s Future 01:01:53 – A Roadmap for Quantum Resistance

BITCOIN RAILS #34: Bitcoin’s Security & Quantum Risks—and the Future of Satoshi’s Coins | with Jameson Lopp Jameson Lopp “Most people don’t think about security until it’s too late,” says the Casa co-founder and CSO. One of the most prolific thought-leaders in Bitcoin security and privacy, there are few people who understand the nuances of Bitcoin security quite as deeply - not to mention the OPSEC practices required to protect against wrench attacks, for instance, which are rising globally as Bitcoin price increases. More recently, Lopp has turned his attention to mitigating Bitcoin’s quantum vulnerabilities, including market risks associated with quantum-vulnerable Satoshi’s Coins + longer-term strategies for quantum-hardening of Bitcoin addresses long term. In this special episode of Bitcoin Rails, we cover: - Lopp’s experiences designing self-custody products at both BitGo and Casa - The swatting attack he suffered in 2017, and the radical steps he’s taken to secure his home location since - The ‘quantum computing’ challenge for Bitcoin and its impacts on Satoshi’s Coins - How the network may respond to QCs in the face of ossification and why QC preparation may be the hardest governance test the network has ever faced This episode is powered by: - Best In Slot (Best in Slot | BRC2.0 🧑‍🍳), the leading API for Ordinals and BRC20 data aggregation and indexing - Spark (Lightspark), a statechains implementation leading the path towards institutional adoption of Bitcoin-powered payments - Citrea (Citrea), the leading Bitcoin Rollup technology and contributor to the BitVM alliance 📌 Timestamps 00:00 – Intro: Quantum Computing Meets Bitcoin 00:19 – Jameson Lopp on the Bitcoin Rails 00:53 – The Quantum Threat to Bitcoin Security 06:32 – Lopp’s Path into Bitcoin & Security 12:58 – The Swatting Attack During the Block Size Wars 25:28 – Could Quantum Crack Satoshi’s Coins? 43:55 – Announcements & Sponsors Messages 45:30 – Building Bitcoin’s Quantum Resistance 47:00 – QBTC and the Push for Quantum-Resistant Bitcoin 48:43 – Why Changing Bitcoin Is So Hard 51:19 – Email Protocols, Ossification, and Bitcoin’s Future 01:01:53 – A Roadmap for Quantum Resistance

Isabel Foxen Duke⚡️

14,538 views • 11 months ago

THINK YOUR KEYS ARE UNIQUE? THINK AGAIN. That little piece of metal in your pocket isn’t as secure as you think. Keys are basically physical passwords - and like weak passwords, they’re disturbingly easy to copy. Here’s the scary part: you don’t even need the original key anymore. With the right tools, all it takes is the “code” of its cuts - the ridges that make it fit your lock. Once someone has that? Boom: duplicate made. If you think a funky-looking design makes them safer… you’re wrong. Source: Interesting As Fuck

THINK YOUR KEYS ARE UNIQUE? THINK AGAIN. That little piece of metal in your pocket isn’t as secure as you think. Keys are basically physical passwords - and like weak passwords, they’re disturbingly easy to copy. Here’s the scary part: you don’t even need the original key anymore. With the right tools, all it takes is the “code” of its cuts - the ridges that make it fit your lock. Once someone has that? Boom: duplicate made. If you think a funky-looking design makes them safer… you’re wrong. Source: Interesting As Fuck

Mario Nawfal

39,213 views • 11 months ago

#Bitcoin is fun, fast and free ✨ All you need is a phone and an internet connection to be a part of the new era for money 📱📡 And with Bitcoin Lightning, you can do it INSTANTLY (watch the video) 🎥 ⚡️ Just remember to take custody of your keys 🔐 🧡

#Bitcoin is fun, fast and free ✨ All you need is a phone and an internet connection to be a part of the new era for money 📱📡 And with Bitcoin Lightning, you can do it INSTANTLY (watch the video) 🎥 ⚡️ Just remember to take custody of your keys 🔐 🧡

Joe Nakamoto ⚡️

256,840 views • 3 years ago

Michael Chomsky reveals that 98% of people are using OpenClaw dangerously “I guarantee if you try to set it up, you will do it completely insecurely. All your keys are there and someone can prompt inject and get your OpenClaw to reveal your private API keys through a tweet if you set things up wrong. It’s super insecure” “I think 95-98% of people setting up OpenClaw themselves are doing it in an insecure fashion”

Michael Chomsky reveals that 98% of people are using OpenClaw dangerously “I guarantee if you try to set it up, you will do it completely insecurely. All your keys are there and someone can prompt inject and get your OpenClaw to reveal your private API keys through a tweet if you set things up wrong. It’s super insecure” “I think 95-98% of people setting up OpenClaw themselves are doing it in an insecure fashion”

Mikli

56,275 views • 5 months ago

there is an internet quantum wishing well on the web where you have a Quantum Computer sample the vacuum of spacetime at the exact moment you hold an intention in your mind and then it is burned forever into a void it has a countdown to 3:33pm today

there is an internet quantum wishing well on the web where you have a Quantum Computer sample the vacuum of spacetime at the exact moment you hold an intention in your mind and then it is burned forever into a void it has a countdown to 3:33pm today

jimmy

327,745 views • 5 months ago

Tim Dillon: “The government is telling you there are underground alien bases in the ocean.” “And no one really cares.” “This is all a distraction.” “We’re in a war with Iran.” “The rest of the Epstein files are not gonna see the light of day.” “There’s gonna be no prosecutions.” “They’re not even gonna investigate any of that.” “Gas prices are dramatically rising.” “The cost of food is rising.” “They could have disclosed this a long time ago.” “They’re disclosing it now because they want people to go crazy.” “They’re actually trying to terrify you and drive you insane now.” “They want you to have a nervous breakdown.” “They’re trying to induce like a mass panic.” Tim Dillon

Tim Dillon: “The government is telling you there are underground alien bases in the ocean.” “And no one really cares.” “This is all a distraction.” “We’re in a war with Iran.” “The rest of the Epstein files are not gonna see the light of day.” “There’s gonna be no prosecutions.” “They’re not even gonna investigate any of that.” “Gas prices are dramatically rising.” “The cost of food is rising.” “They could have disclosed this a long time ago.” “They’re disclosing it now because they want people to go crazy.” “They’re actually trying to terrify you and drive you insane now.” “They want you to have a nervous breakdown.” “They’re trying to induce like a mass panic.” Tim Dillon

Holden Culotta

123,287 views • 3 months ago

What if you could tap the value of your crypto without ever selling? Introducing $DGB DigiDollar in 5 min. World's 1st truly decentralized, time-locked stablecoin built natively on an OG UTXO blockchain. No company to trust. Just you, your private keys, & a core wallet.

What if you could tap the value of your crypto without ever selling? Introducing $DGB DigiDollar in 5 min. World's 1st truly decentralized, time-locked stablecoin built natively on an OG UTXO blockchain. No company to trust. Just you, your private keys, & a core wallet.

Jared Tate ©️

35,525 views • 7 months ago

Another 1,000 Steam keys have been sent to Spark Suit holders next on the chronological list of quest 3 completers. Please check your journals! The next 2,000 Steam keys are on their way and we will alert you all via X as to when to check. Take a look at this video on how to attach your game account to the website so you can earn badges and unlock your NFTs as skins in game.

Another 1,000 Steam keys have been sent to Spark Suit holders next on the chronological list of quest 3 completers. Please check your journals! The next 2,000 Steam keys are on their way and we will alert you all via X as to when to check. Take a look at this video on how to attach your game account to the website so you can earn badges and unlock your NFTs as skins in game.

Kaidro 🐉

55,167 views • 2 years ago

Bitcoin just took another brutal correction, down 50%, and no, this isn’t the first time we’ve seen this movie. But something bigger is happening underneath the price action. Back in October when everything melted, Bitcoin got slaughtered and the rest of the market was wiped out, some coins down 80–90% and they never recovered. Why? Because institutions finally did the math and realized if you want 90% of the upside and volatility in crypto, you only need Bitcoin and Ethereum. Everything else is just poo poo coins, worthless, and they got dumped accordingly. I’m still long Bitcoin, but there’s a new concern floating around now, quantum computing. The idea that a quantum computer could eventually break the chain is making institutions hesitate, and until that gets resolved, don’t expect them to go beyond a 3% allocation. They’ll stay cautious, they’ll stay disciplined, and they’ll wait for clarity. That’s the reality.

Bitcoin just took another brutal correction, down 50%, and no, this isn’t the first time we’ve seen this movie. But something bigger is happening underneath the price action. Back in October when everything melted, Bitcoin got slaughtered and the rest of the market was wiped out, some coins down 80–90% and they never recovered. Why? Because institutions finally did the math and realized if you want 90% of the upside and volatility in crypto, you only need Bitcoin and Ethereum. Everything else is just poo poo coins, worthless, and they got dumped accordingly. I’m still long Bitcoin, but there’s a new concern floating around now, quantum computing. The idea that a quantum computer could eventually break the chain is making institutions hesitate, and until that gets resolved, don’t expect them to go beyond a 3% allocation. They’ll stay cautious, they’ll stay disciplined, and they’ll wait for clarity. That’s the reality.

Kevin O'Leary aka Mr. Wonderful

459,663 views • 5 months ago