Please explain to me, why quantum is a risk for bitcoin but NOT mentioned as a risk for legacy finance?
In short:
In a world where everyone and everything is fake... a clown world... Only what is true needs to prove itself.
Long version:
Cause fiat is already fake I guess? IDK
BITCOIN has to prove itself and hit 💯 success rates 24/7 for people to trust it.
Banks only need to type fake numbers on a screen and gaslight people into using their fake money.
If quantum takes off though...
...and bad actors get their hands on quantum tech before BTC/ banks/ world govs/ major companies etc can implement quantum resistant tech... they'll collapse long before Bitcoin does.
The BTC market just responds to quantum fud much easier because most people don't understand how it works. They are just weak hand traders.
In a world where everyone and everything is fake... a clown world... Only what is true needs to prove itself.
Long version:
Cause fiat is already fake I guess? IDK
BITCOIN has to prove itself and hit 💯 success rates 24/7 for people to trust it.
Banks only need to type fake numbers on a screen and gaslight people into using their fake money.
If quantum takes off though...
...and bad actors get their hands on quantum tech before BTC/ banks/ world govs/ major companies etc can implement quantum resistant tech... they'll collapse long before Bitcoin does.
The BTC market just responds to quantum fud much easier because most people don't understand how it works. They are just weak hand traders.