Re: FACT CHECK: Bitcoin Blockchain will be 700GB in 4 Years
Quantum Computers are advancing much faster in calc and storage capacity. In 4 years from now, QCs will have cracked the blockchain, and Bitcoin will be gone, or at least, residing on a QC.
Wrong.
You could have been right though, if you were aware of some mathematical facts:
What we do know is that internet speed is advancing at a rate nowhere close to the rate the Blockchain is growing, I hope people have prepared for themselves some real life hobbies, especially since downloading the Blockchain will become a long process (taking a couple of weeks), andBitcointalk.org will experience more DDoS attacks.
We have underestimated quantum computers in a big way.
I agree with that, but we're not there yet.
It means absolutely nothing.
I disagree, internet speeds will never be able to cope with maintaining a 1 TB download to a duration of less than a week. This is not even counting the daily synchronizations necessary for spending/receiving coins. It could be a couple of Gigabytes for all we know.