[ExI] Sell your Bitcoins!
Kelly Anderson
postmowoods at gmail.com
Sun May 17 01:30:19 UTC 2026
John,
You are aware that Bitcoin can and will change its codebase using
its own quantum algorithms if necessary to protect itself. Selling
bitcoin now only puts your money in banks, stock accounts, or
something else that quantum computing can break apart just as easily.
Your alarmist argument isn't even an argument. You're simply saying
that quantum computing can someday break bitcoin security as it exists
today. Well that's obvious. But what doesn't make sense is that
billions of dollars aren't going to defend themselves. They will.
-Kelly
On Sat, May 16, 2026 at 2:34 PM John Clark via extropy-chat
<extropy-chat at lists.extropy.org> wrote:
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> On Sat, May 16, 2026 at 3:42 PM Jason Resch via extropy-chat <extropy-chat at lists.extropy.org> wrote:
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>>> >> I said it before I'll say it again, sell your Bitcoins.
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>> Are you so confident in its downfall that you are currently shorting Bitcoin?
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> No, because I have no way of predicting what the wild short term up and down gyrations of bitcoin will be, for all I know the price of bitcoin might double in the next six months, given the fact that the president is a big investor in bitcoin and taking into consideration the massive corruption in his administration that is not out of the question. I don't know anything for certain, I'd say there's about an 80% chance a quantum computer will break bitcoin by late 2029, but of course well before that day (exactly how much before I don't know) it will become obvious to even the most ardent bitcoin fan did the day of doom is fast approaching, and then the price of bitcoin will collapse.
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> It's only a matter of time before quantum computers destroy bitcoin, and I say good riddance. I once had high hopes for it but bitcoin has proven to be good for nothing except for gambling and crime, and it's wasting vast amounts of electrical energy that could be used for AI.
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> John K Clark
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>>>
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>>> Google Just Moved Q-Day Up By 6 Years
>>>
>>> John K Clark See what's on my list at Extropolis
>>> 2rs
>>>
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