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Replying to Avatar Tetsu Tamasi

“Even if quantum computing posed a threat to the cryptographic layer, Bitcoin’s decentralized and global network of nodes would play a critical role in driving a transition to quantum-resistant algorithms—an advantage centralized systems simply do not have.”

What transition? We have nothing ready. If someone proved they could use quantum computing moving coins they never had a key to, like Satoshi’s coins, price of Bitcoin would fall 99.99% within a week. If we not gonna have a procedure ready, for quantum attack, Bitcoin will die following such attack. People wouldn’t trust it ever again.

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Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 1y ago

I don't know about you. But if Bitcoin drops 99.99%. I would sell a kidney, a finger and couple of toes.

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Tetsu Tamasi 1y ago

Right now, obviously. Not if Bitcoin security and therefore trust in it is broken.

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