1) No. At 1 billion qubits a quantum computer can break #bitcoin in 10 minutes. But since one cubit cost $10,000, it will cost you $10 trillion and you can only steal #bitcoin one time before people find out. πŸ˜† 2) There is a limit on how difficult you can make the algo before it gets too prohibitive to mine.

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The cost argument, although certainly valid, doesn’t touch the fundamentals of a problem πŸ˜‰ With this logic, we could also reach Mars in a matter of minutes (if we had a near light speed spaceship 😬). Unraveling human genome was originally thought to have an unsolvable complexity, but now the sequencing costs drop 5-10 time every decade.

By the time the cost per qubit reaches at least 10 bucks, the whole community will have migrated to a more secure key standard πŸ˜‰