In my latest essay I weigh in on the controversial issue of how to deal with quantum vulnerable bitcoin in a post-quantum future.
After great consideration, I think it's best if we burn quantum vulne...
When steel manning your argument, I think you missed a big one: Allowing this jackpot to continue to exist will incentivize research into quantum computing, and one would hope that would be a net benefit for humanity.
It's similar how Bitcoin mining incentivizes the development of stranded renewable power in Africa. That's a negative for existing Bitcoin miners (increased competition), but a net benefit for humanity (electricity for those who previously did not have access).
It's similar how Bitcoin mining incentivizes the development of stranded renewable power in Africa. That's a negative for existing Bitcoin miners (increased competition), but a net benefit for humanity (electricity for those who previously did not have access).
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