[ExI] You'd better sell your bitcoins

[Giovanni Santostasi]

Only old addresses can be affected.
That means Satoshi stash, which is just a few % of the entire market cap.
So, unless there is irrational panic, the price will be affected by a few
%. I went to several BTC conferences and there are already plans to deal
with this.
Banks and other financial institutions that use cryptography (all of them)
will also be affected, in fact, before BTC is.

By the way check my work showing BTC price is scale invariant following a
power law, P=A t^5.8 where t is days from the Genesis Block:

https://giovannisantostasi.medium.com/the-bitcoin-power-law-theory-962dfaf99ee9

Giovanni



Giovanni

On Sun, Nov 16, 2025 at 5:14 AM John Clark via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

> Quantum computer expert Scott Aaronson has always been a vocal critic of
> the excessive hype surrounding his subject, but just a few days ago he
> wrote this:
>
> *"I now think it’s a live possibility that we’ll have a fault-tolerant
> quantum computer running Shor’s algorithm before the next US presidential
> election. And I say that not only because of the possibility of the next US
> presidential election getting cancelled, or preempted by runaway
> superintelligence!"*
>
> When we have a quantum computer big enough to run Shor's algorithm,
> bitcoin becomes worthless. Aaronson then says this:
>
> *"The two biggest known application areas for QC remain (a) quantum
> simulation and (b) the breaking of public-key cryptography, just as they
> were thirty years ago."*
>
> *Quantum Computing, too much to handle* <https://scottaaronson.blog/>
>
> John K Clark
>
> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>
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