I think monetary history was my favorite part of the Bitcoin rabbithole 🐇 what was yours?
Discussion
When I understood cold storage.
As a gold bug that sold all gold and went into Bitcoin monetary history was 100% of great importance to me.
I got orange pilled by BitcoinVibes a long time ago. Was hesitant at first but it made more sense the more I read, as I started as a goldbug I naturally knew about fractional reserve banking etc. As I dealt in Physical Bullion I understood how paper gold was being used to depress the gold price even when there was a severe shortage of physical Bullion prices weren't going up.
Yes we need gold bugs turned Bitcoiner to always warn us about paper Bitcoin!
The fact that while private key and address collisions are theoretically possible, they're practically impossible. Mind-bogglingly big numbers.
What do you think about quantum computing threat? I think Bitcoin is probably not forever, but i think it'll be ok for this lifetime
Right now it's an arms race. Quantum computing is a long ways away from having any practical application yet. There are also people waaaaay smarter than me already researching quantum-proof cryptography. Eventually we WILL have to fork Bitcoin to new cryptographic standards, but I think we're at least 20 years away from that. The question is which will come first. It's entirely possible that quantum computing could break encryption for a decade or more. Especially dangerous during the early stages when quantum computing is practical, but not mainstream yet, so only governments and major tech firms have access to it.
Hash Cash and what Wei Dai said about crypto anarchy.