Replying to Avatar JOE2o

Because you still have to mine them, ton by ton, you can't just tow one of these to earth, put a parachute on it and done.

Whereas if a lab right now today had a number of quantum machines running 2k logical qubits and 1b gates, Bitcoin would be game over in a week. As in game truly over. Yeah we're nowhere near, but we are at 100 logical qubits and advances in error-correction means there is a clear theoretical path to billions of gates. So it's not crazy pills.

Different threat types.
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Tumbleweed 1w ago 💬 1

Fair, but it doesn’t require new leaps in technology, just capital investment. If gold continues to climb it will become economical

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JOE2o 1w ago

I think so, but there will be a long period where mining in space is only marginally more economical than mining on earth. Basically there's no lights out moment, and that's price in.

For Bitcoin, as quantum develops markets will start pricing in a potential lights out moment. That is unless Bitcoin starts to work a little harder on quantum resistance. Which I very much wonder about, since much of the Bitcoin community is basically Amish in this regard.