He got scared by, wait for it, quantum computing.
😂
Discussion
I haven't sold a single sat over this and am still accumulating, but I do think about it:
Not even a mild concern IMO
I think most of the besides is coming from the 3 green 1 red pattern. I wasn't aware QC concerns had resurfaced (no Twitter for me).
I will start to be impressed when the industry has demonstrated a QC that can break even an arbitrary 8-bit private key (which a conventional PC can already trivially brute force).
Until then, I won't be convinced that the so-called 'qubits' they have developed so far even qualify as an actual base qubit necessary to be scaled to become a threat; and, as such, the question of how long it will take to scale an actual qubit - that doesn't yet appear to have been developed - to be a threat is premature.