The Blockspace Pod: Quantum's $100 Billion Threat To Bitcoin
Charlie and Colin dive into the quantum computing debate. Is it a threat to Bitcoin or just VC hype? We explore vulnerable addresses, Nick Carter's thesis, the 2028 timeline, and the controversial plan to "burn" Satoshi's coins to save the network from a $100B hack.
ABOUT
Charlie and Colin join us to talk about the existential risk of quantum computing. We break down Nick Carter's latest research, the timeline for a potential quantum break, and the 2 million Bitcoin currently at risk. We debate the ethics of "burning" Satoshi's coins to save the network, the technical challenges of forking to quantum-resistant signatures, and why the next big Bitcoin civil war might be fought over physics.
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Notes:
* 1-2 million BTC are quantum vulnerable
* Satoshi holds ~$100 billion in Bitcoin
* Oxford team hit 99.99% qubit fidelity
* Legacy crypto banned by US Gov by 2035
* Elliptic curve break projected 2028-2033
* $500 billion sitting in vulnerable wallets
Timestamps:
00:00 Start
01:16 Overview
06:26 Do we do anything?
08:48 Companies pumping quantum bags
19:18 Bitcoin as bug bounty
23:37 How to quantum proof Bitcoin?
26:14 BIP 360
35:48 Philosophy & chain splits
đThe Blockspace Pod is produced Blockspace Media, Bitcoinâs first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
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