Concerns About Quantum Computing and Bitcoin

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shrimpNewbie
Posts: 289 · Reputation: 20
#1Sep 27, 2020, 01:37 AM
Seriously, quantum computers aren’t just gonna wipe out everything we’ve built in crypto. Some countries are already calling themselves crypto havens. You think a quantum computer can just come in and mess that up?
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#2Sep 27, 2020, 04:27 AM
I see all this chatter about quantum threats to Bitcoin but what about the banks? They’re still not adapting to a post-quantum world and they’ll be hit hard.
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chri551Full Member
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#3Sep 27, 2020, 07:20 AM
Back in 2010, Bitcoin was basically worthless. Look at it now, soaring prices! People thought it was only for illegal stuff. But with quantum computing coming in 2026, folks are reconsidering holding onto Bitcoin.
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sat_s4geFull Member
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#4Sep 27, 2020, 07:36 AM
Quantum gives you the clearest perspective. If you don’t secure your keys, that’s on you.
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alpha2013Member
Posts: 87 · Reputation: 151
#5Sep 27, 2020, 11:08 AM
Google’s trying to grab a chunk of crypto by claiming quantum can crack Bitcoin. Whatever, we’ve heard it before from so-called experts. They talk down Bitcoin but end up buying in later.
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sat_s4geFull Member
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#6Sep 27, 2020, 02:40 PM
Chip prices are going up, so this makes me think "immutable" is just a way to distract us.
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#7Sep 27, 2020, 07:14 PM
Years ago, Satoshi hinted at these quantum issues. Big questions remain are quantum computers even strong enough yet? And do Bitcoin developers have upgrades ready to go?
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b3ar69Full Member
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#8Sep 27, 2020, 09:27 PM
It's all about how Bitcoin’s network works. If we keep the network secure and maintain a smooth experience, we shouldn’t be too worried about quantum. Accusations of threats don’t have any solid basis yet.
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CalmMinerFull Member
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#9Sep 28, 2020, 01:21 AM
Theoretically, quantum can destroy encryption. I just asked an AI about it. If quantum brains are real, we’re facing good or bad outcomes. Either we’re toast or we advance as a species.
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nonce21Full Member
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#10Sep 28, 2020, 02:42 AM
Why’s everyone freaking out about quantum? It’s been said multiple times that it isn’t really a threat to Bitcoin. Don’t let this quantum hype scare you away.
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#11Sep 28, 2020, 08:56 AM
I’m skeptical about any serious threat from quantum. Right now, the tech isn’t even close to breaking Bitcoin encryption. Sounds like FUD to me.
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ben_alphaMember
Posts: 37 · Reputation: 59
#12Sep 28, 2020, 10:39 AM
I think we’ve got some time before quantum poses a real risk. But we need to stay alert. Major breakthroughs could change everything in a heartbeat.
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0x4lphaFull Member
Posts: 519 · Reputation: 509
#13Sep 28, 2020, 02:20 PM
So what’s your take on Google’s comments about quantum threats? I’m not worried unless it crashes Bitcoin's price significantly…but I doubt it.
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0xGangMember
Posts: 49 · Reputation: 222
#14Sep 28, 2020, 06:23 PM
The whole quantum thing has created a buzz, but there’s no solid proof of it being a real threat. We should be cautious, but not panic.
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grimgangFull Member
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#15Sep 29, 2020, 12:22 AM
Bitcoin's been solid for years people worrying over quantum threats just don’t get it. I still believe in Bitcoin and its design.
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planktonHero Member
Posts: 1284 · Reputation: 2049
#16Sep 29, 2020, 02:39 AM
Let’s remember, there are NO actual quantum computers out there yet. Sure, progress has been made, but we’re nowhere near having one that functions.
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nick.orbitFull Member
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#17Sep 29, 2020, 07:46 AM
I’ve been researching quantum computers and honestly, they’re more likely to create market volatility from FUD than actually threaten Bitcoin.
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mr_bearNewbie
Posts: 156 · Reputation: 11
#18Sep 30, 2020, 10:51 AM
But that doesn’t mean quantum is harmless. Isn’t it human nature to worry about what we don’t understand? Should devs rush to counter quantum threats?
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dan51Senior Member
Posts: 28 · Reputation: 825
#19Sep 30, 2020, 05:05 PM
The strength of Bitcoin lies in its community. We discuss these threats, and developers are actively working on solutions. They’re not just sitting back.
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0xSatNewbie
Posts: 92 · Reputation: 11
#20Oct 1, 2020, 08:22 PM
I get your point, but saying Bitcoin is too big to fail is wishful thinking. We need to be realistic about potential risks.
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