[ExI] Sell your Bitcoins!

[John Clark]

On Mon, May 18, 2026 at 10:11 AM Jason Resch via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

*> >> You've been telling people to sell their bitcoins since 2017.*
>>
>>
> *>> I think you must be confusing me with somebody else, in 2017 I still
>> foolishly believed bitcoin might be a net positive force in the world. I
>> was dead wrong. In 2017 I never predicted the price of bitcoin would
>> collapse, and certainly not  collapse because of quantum computers. In 2017
>> I wasn't certain that building a fault tolerant quantum computer would even
>> be possible, much less practical. But things have changed radically since
>> 2017. *
>
>
>
>
> *> On September 13th, 2017 on this very e-mail list
> <https://lists.extropy.org/pipermail/extropy-chat/2017-September/093311.html>,
> you wrote "If you ever hear that Microsoft has built a topological quantum
> computer that can factor the number 15 then sell your Bitcoins, hold onto
> your hat, and get ready for a wild ride."Note that IBM had factored the
> number 15 <https://www.ibm.com/quantum/blog/factor-15-shors-algorithm> in
> 2001, *


*You think I didn't know that in 2017? That 2001 IBM quantum computer was
NOT fault tolerant, nor did I imply in 2017 that a fault tolerant machine
was likely to arrive soon, and if you intend to factor a number much
greater than 15 you're going to need it to be fault tolerant; but today in
2026 I am saying something different, I am saying that such a machine will
arrive soon. And when it does the shit is gonna hit the fan. *

*As for a topological quantum computer I stand by what I wrote then, if
somebody announces they have made a breakthrough and have invented a
topological quantum computer then bitcoin is toast. But in 2017 I didn't
know if such a machine was possible, and in 2026 I still don't know if
a topological quantum computer is practical or even possible, but that's
not the only way to make a fault tolerant machine. *

*> so in effect, you were telling people then that it was too late and to
> sell their bitcoins. *


*BULLSHIT! You are being disingenuous, and that really pisses me off. *

* John K Clark*



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