I spoke at a big bitcoin-adjacent company this week and one of the best questions was from someone who asked what the downsides of bitcoin adoption might be.
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One downside to widespread adaptation would be the cluster risk we have against the cryptographic algorithms used in bitcoin. While there is widespread belief today that they are secure, each algorithm only has a limited lifetime. If people misjudge this or cannot change them in time due to ossification, the world runs the risk that its financial system breaks down abruptly.
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