@eatdrink75🚀 ₿ 🔥 Can Quantum Computing Destroy Bitcoin? NO !!!!
Bitcoin is a piece of monetary masterpiece, but naysayers think quantum computing could topple $BTC
Contrary to concerns, quantum computing does not pose an imminent threat to Bitcoin’s security. While algorithms like Shor’s could theoretically challenge Bitcoin’s elliptic curve cryptography by factoring large integers or solving discrete logarithms, the quantum computers needed is decades away from reality.
Current quantum systems are too primitive, with limited qubits and high error rates, to endanger Bitcoin’s 256-bit encryption.Bitcoin’s design further mitigates risks.
Only about 4 million BTC sit in addresses with exposed public keys, potentially vulnerable to future quantum attacks. Modern practices, like SegWit and pay-to-script-hash addresses, keep public keys hidden until funds are spent, shrinking the attack surface.
Users can also proactively move funds to quantum-resistant addresses.The economic fallout from a quantum attack -- often cited as a potential trigger for a global recession -- is unlikely.
Bitcoin’s $1 trillion market cap is significant, but the network’s decentralized nature means no single point of failure exists. Even if a quantum breakthrough occurred, targeting Bitcoin would be less practical than attacking centralized systems, given the resources required.
To stay ahead, Bitcoin’s community is already exploring post-quantum cryptography. The National Institute of Standards and Technology is standardizing quantum-resistant algorithms, which Bitcoin could adopt via a soft fork.
With its adaptive technology and vigilant community, Bitcoin’s $1 million dream stands on solid ground, not a house of cards.
X How come members do not know how to make any comment about some substantive piece that they posted.
One or two sentences? How hard is that?
Trump seems optimistic about an interest rate decrease from the Fed but I’m not so sure. It is nice to have that on the back burner for bullish catalysts though. Between that, the coming report on digital assets from the White House on Wednesday, Strategy getting into the S&P 500, & the Midnight airdrop, it seems there are a lot of reasons to be happy if you hold BTC.
However Trump forced Powel to continue to reduce interest rates, even a few days ago when he visited the Fed's office that was being repaired, we know that Trump's business in real estate is quite large, if a large interest rate people will not dare to take property, it also ruins his business, (must see his hidden intentions).
But I believe that the decline in interest rates will occur, at least twice this year.
All of these plans will definitely happen, how bitcoin will shock the market more than what we imagine, even Fomo will occur significantly, there is still enough time to add some Bitcoin fragments before that day arrives.
As said Jay JuanGee (there is no time late to buy Bitcoin)Well, if we are brand new to bitcoin, we have to buy otherwise we are not prepared for up.
We also don't know if the BTC price is going to go up or down, yet waiting for down does not seem to be a good plan because the BTC price might not go down.
For any newbie or kind of newbie, it is likely a good strategy to buy for at least 4 years, unless you are able to front load your bitcoin investment, yet it still tends to take a long time to build a bitcoin portfolio, even if some folks might be able to front load and/or to reallocate from other investments (or savings) that they might have.
[edited out]
I think instead of focusing on the way somebody complains and the effect it might have or not, it's more important to find out the reason why people feel the urge to complain.
You, nutildah and the other whiners can focus on those kinds of things if you like. I don't need to focus on such things.
The WO content has changed quite a bit when compared to the time before the merit system.
OGs came here (and some are still here) since 2013-14 for the old style WO, and not for consuming the low IQ copy paste shit of 3rd world merit farmers who need a second income.
I doubt that the merit system caused the downfall of the WO thread, but you and your buddy can believe whatever you like and continue to whine about the supposed downfall of this thread and the supposed downfall of the forum too..
Sure there was more activity in the beginning of this thread, yet I doubt that you or nutildah are on solid grounds to be proclaiming that you are on solid grounds in terms of identifying supposed causes to the changes in activities or the moves away from thread participation from a larger variety of participants. I recall in the early days of the thread (well at least when I started to participate in early 2014), there were a lot of trolls, bitcoin naysayers, shills and shitcoin pumpers in this thread, too... and some of the insistences of the intensity of those members was not always pleasant, or even to conceive some of the crap that was spewed about as if it were quality... So I am not even proclaiming that the quality is currently better, but the current quality is not any worse, even though it is likely that some value did come from having a variety of voices in the thread, and surely no one is currently excluded from participating.. .
To me, it seems that this thread allows a lot of abilities to post, yet there are also other places on the internet that people post, too.. They have also resorted to video presentations, yet written form is more interactive, even though I suppose I could attempt an expressive dance, as some members have also attempted some artistic presentations over the years.
Oh by the way.. I recall quite a few posts in this thread, before the merit system complaining that I was ruining the thread, no one likes me, and my posts are too long, blah blah blah.. .We have always had a variety of posters in this thread, even a variety of complainers... and for sure, there is nothing wrong with newbies coming to this thread and trying to be influential.. and maybe even trying to get some merits.
And frankly that's also nothing what I like to see in my beloved WO!
I always enjoyed the intelligent and diverse input of highly individual crazy people that were buying Bitcoin when everybody laughed at them. Yes the freaks, and I quote, some of God's own prototypes. Some high-powered mutants of some kind never even considered for mass production...
Whether the WO is dead or not, people move on... Sure some folks from the past might come back too. This thread still offers a lot of posting freedom, for anyone who wants to participate.
That's what made the WO so special for me. And every step away from that makes me feel sad...
Even you have not been participating in the thread as much in recent times. Difficult to know what makes folks want to or not want to participate in a thread like this. I would imagine if the thread is still going and there is active participation, then those dynamics have snowballing effects.
Another thing is that older members might not want to continue to participate in this thread, including that older members participating in the thread in the olden days were not older members at that time, they were new to bitcoin back in 2014, 2015, 2016, 2017, 2018 or whatever the fuck supposed nostalgic time that you believe the WO thread to have had been a better place and with supposedly better quality posts .. so people grow and sometimes will graduate away from being interested in a thread like this. I doubt that as much has to do with supposed merit farmers as you are proclaiming.. yet at the same time, you have "rights" to assess however you like in regards to your experiences, perceptions, and your desires to assess a supposed demise of this here thread.
[edited out]
well it is tough bitcointalk has allowed many poor people not be poor due to signature policy.
So to hate JJG for giving merits to farmers is kind of mean spirited.
I somewhat agree with this part.. as if my merit sending conduct has much of anything to do with a whole package of dynamics related to participation and/or quality of participation in this forum or if some guys want to whine about better days or maybe there are beliefs about better places to post and have better quality interactions.. blah blah blah. There might be some places, since the social media landscape is ongoingly changing, and bitcoin and "crypto" has been changing too, which might attract some folks to other places for their posting or their social mediary interactions.
Also BTC was p2p not hodl
bitcoin is whatever the fuck people want it to be within the parameters of what it can do, and how people are choosing to use it. There has always been both a p2p and a store of value aspect to bitcoin and also other aspects of bitcoin, so can you even try to stop pigeon holing bitcoin into some narrow categories in order to make some dumbass spins about how bitcoin supposedly changed blah blah blah.
look how I feel doing p2p and using coins to pay while not doing hodl as a choice.
Look at my signature address it handled 700 coins over 10 years time.
Your activities are not necessarily proof of some representative dynamic besides choices that you have made over they years, including some pretty bad ones, even though you seem to be potentially coming to realize that you should have had been careful in regards to your ongoingly selling too many bitcoin too soon, since you also seem to recognize and appreciate bitcoin as something that you can make dollar profits by short term trading it... which has not always worked out so well for you since historically you had been tending to sell too many coins too soon, which I have my doubts in regards to your adequately mitigating such ongoing inclinations that you seem to continue to have.
One could argue the WO hijacked BTC due to hodl hodl hodl hodl mindset.
WO is only one thread in the world of bitcoin, and surely there have been a lot of us who have tried to keep this thread as bitcoin oriented, bitcoin first and/or at least trying to dissuade too much shitcoin conversations and/or topics that might eight devolve into shitcoin pumping or discussions about which shitcoins are less shitty.. which surely you have not tended to be discouraged in regards to wanting to devolve into such shitcoin comparative analysis in this thread.
and now wants to fuck little third worlders out of some small amounts of coin via farming.
Of course signature campaigns have been a forum choice, and of course, poor people are likely to disproportionately benefit from signature campaign participation, even though surely there seem to be people from all parts of the world who participate in the wearing of a signature, which theymos discontinued the showing of signatures in this thread in early 2017 at the time that adamstbit largely rage quit and infofront was elected to take over ownership of this thread.. which has largely worked out pretty well in a kind of almost completely hands-off kind of a way that he has tended to manage the thread and it has largely worked out great as compared with some of the early 2017 fears.
Sounds like uptight asshole take the ladder of success away from them mindset.
I agree with your point that there seems to be a pretty big waste of time to be ongoingly whining about supposed merit farm miners.. even though I recall that you were pretty supportive of nutildah's and bawb's earlier threads whining about some variation of the same topic.
But I digress corn is moving short term very side ways.
Corn does not do that.. especially within 10% of the top.. so you might have to shake your head a bit and come to a bit of a better longer term perspective.
I did pick up a new bottle of stronger Jack.
So I have a 129.8 proof Elijah bottle not opened
and a 130.1 proof bottle of Jack not opened.
honey badger and buddy need to do a hookup soon so I can open these.
I did try to look for some of the higher proof alcohols, yet I probably should have a list and then just ask when I go into a liquor store if they have any of the ones that are on my list.. I might not be as resourceful as you Phil.. .. but there can also be advantage of being in certain locations too.. in which some products are available for those who are seeking.. . which my current location seems to not really be so conducive to such availability of certain kinds of products.
Trump seems optimistic about an interest rate decrease from the Fed but I’m not so sure. It is nice to have that on the back burner for bullish catalysts though. Between that, the coming report on digital assets from the White House on Wednesday, Strategy getting into the S&P 500, & the Midnight airdrop, it seems there are a lot of reasons to be happy if you hold BTC.
Do you know when one can claim the airdrop and how much you get for each BTC you own?
Diclaimer:
This is not shitcoin talk. Every sane user here should sell that airdopped shit at some point and buy something nice instead, like BTC
This is not shitcoin talk - even though it is.
