[ExI] You'd better sell your bitcoins

[John Clark]

On Mon, Nov 17, 2025 at 11:03 AM Adrian Tymes via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

*> ** when one of the world's leading experts on quantum computers,
>> somebody who had previously been a very vocal critic of the excess hype
>> surrounding his speciality, now says that "we’ll have a fault-tolerant
>> quantum computer running Shor’s algorithm before the next US presidential
>> election" then it's time to sit up and pay attention if you want to keep
>> your money. He might be wrong but he knows one hell of a lot more about
>> quantum computers than you or me.*
>>
>
> *> The potential for this to eventually become a thing, even in perhaps
> a few years, does not mean it has happened already. It's like speculating
> that the Singularity will happen in a few years,and encouraging people to
> take irreversible action now that would onlybe free of consequences if the
> Singularity was happening right now.*


*Nobody can pinpoint the exact day a quantum computer capable of running
Shor’s algorithm will become operational, but we can be certain that the
day of cryptocurrency panic will happen before that computer comes into
existence.  How much before? Nobody knows, it might be days it might be
months it might be years. Are you reasonably certain you will be able to
pinpoint the exact date that  cryptocurrency panic explodes across the
world before other people can, and thus you can wait until the last second
to sell? If not then I think you'd be wise to stay away from Bitcoin and
any other cryptocurrency.   *


*John K Clark *

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