Quote from: notocactus on June 04, 2025, 01:49:21 PM

Quote from: Lucius on June 04, 2025, 12:46:02 PM

Everyone is afraid of quantum computers, but apparently very few people realize that it will be a long time before such computers are powerful enough to compromise the cryptography that protects not only BTC but everything else in digital form. I've never liked them and companies like them, especially when it's an open secret that they're there for profit and don't care 1% about BTC.

What's the next news? BR propose a BTC hard fork that will be resistant to quantum computers?

If they (BR) had truly concerned about this, they would have ignored Bitcoin rather than invested their money in it and other resources for Bitcoin Spot ETF application and operations with many related products and issues later.

They know that quantum computers are threats in future (but probably not near future) so they only wanted to create fud that, in their hope, can trigger market crash. So they can take advantage of panic in the crowd and consequent market crash for buying bitcoin at cheaper price.

Why ignore something that could bring big profits? As far as I remember, they have been approved for over 400 ETFs so far, so it's obvious that they will try to make money on anything, and BTC is a real money factory for them for now. I don't really think they want to bring down the price this way, they just need to say something, even if it's completely pointless at this point.

Quote from: notocactus on June 04, 2025, 01:49:21 PM

Frankly, if they truly worried about it, they would silently make their exit from Bitcoin market to maximize total capital they can get back.
In reality, they did oppositely than all above things, so it's not their true concern at all.

Maybe it looked like I was joking about the hard fork, but when the spot BTC ETF was approved, information came out in which they made a statement about the hard fork - and if my memory serves me well, they wrote something like "in the case of a hard fork, BR will not necessarily follow the chain that the majority (crypto community) will follow", which implies that they will support what is in their interest - and when we add to that that they bought majority shares in the biggest BTC mining companies, things don't look very good for BTC.