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Phil · 2w
One hard truth is that it’s much easier for a centralized company to switch a protocol to something quantum resistant. Much harder and slower for a decentralized network like Bitcoin, which creates ...
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Apatight⚡️ @Apatight
Appreciate that centralized decisions are typically faster, but I guess the point I’m making is the economic value of the target. Bitcoin ranges $1-2 Trillion. Legacy finance is 100x that value. It would be like developing a nuke and only characterizing it as a threat to Costa Rica.
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Phil · 2w
Agreed, but I’ve heard a number of banking and defense datapoints about organizations already making these changes. I think that’s where people see the vulnerability. Doing anything like this in Bitcoin is hard by design, and no matter what it’s a hard fork with real trade offs somewhere (high...