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0 pointsbell-cot5mo ago0 comments

So...the big fish set up a plan to transition "everyone" to their new Bitcoin 2.0. (Before the supposed "quantum crypto" smashes the punch bowl.) A bunch of the little people are unable or unwilling to transition. On the day the miners stop recognizing the old-crypto wallets & keys, those all become worthless.

Seems to me like a great plan, for the big fish to consolidate their control of Bitcoin. At the expense of little people. Who they don't care about.

0 comments

XiphiasX5mo ago

> So...the big fish set up a plan to transition "everyone" to their new Bitcoin 2.0. (Before the supposed "quantum crypto" smashes the punch bowl.) A bunch of the little people are unable or unwilling to transition. On the day the miners stop recognizing the old-crypto wallets & keys, those all become worthless.

But that’s not the case. The should be transitioning NOW, but that’s not happening.

Also, even if it was done quickly, it would cause collapse of value.

constantcrying5mo ago

>The should be transitioning NOW, but that’s not happening.

Can quantum computers factor arbitrary numbers with 4 digits already?

XiphiasX5mo ago

No, but when they can it will be too late, so systems should be transitioning NOW.

j / k navigate · click thread line to collapse

0 pointsbell-cot5mo ago0 comments

Seems to me like a great plan, for the big fish to consolidate their control of Bitcoin. At the expense of little people. Who they don't care about.

0 comments

XiphiasX5mo ago

But that’s not the case. The should be transitioning NOW, but that’s not happening.

Also, even if it was done quickly, it would cause collapse of value.

constantcrying5mo ago

>The should be transitioning NOW, but that’s not happening.

Can quantum computers factor arbitrary numbers with 4 digits already?

XiphiasX5mo ago

No, but when they can it will be too late, so systems should be transitioning NOW.

j / k navigate · click thread line to collapse