[ExI] Sell your Bitcoins!

[Jason Resch]

On Mon, May 18, 2026, 4:54 PM Brent Allsop via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

>
> It's not so much government tracking as it is control, right?
> Everything is publicly trackable on the blockchain, but nobody can control
> anything, unless you have the mathematical keys; then nobody can stop you.
>

Yes I recall the government forcing credit card companies to block
donations to WikiLeaks, for example.

Jason



>
>
>
>
> On Mon, May 18, 2026 at 2:19 PM Keith Henson via extropy-chat <
> extropy-chat at lists.extropy.org> wrote:
>
>> It is perhaps worth considering the "market" for bitcoins.
>>
>> It is essentially a way to keep governments from tracking money. The
>> value of Bitcoin will rise depending on how much money people are
>> trying to hide.
>>
>> This was the intent of Bitcoin from the very start.
>>
>> It has worked so far.
>>
>> Keith
>>
>> On Mon, May 18, 2026 at 12:36 PM Jason Resch via extropy-chat
>> <extropy-chat at lists.extropy.org> wrote:
>> >
>> >
>> >
>> > On Mon, May 18, 2026, 1:28 PM John Clark <johnkclark at gmail.com> wrote:
>> >>
>> >>
>> >>
>> >> 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, 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 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.
>> >
>> >
>> > I did not know that a topological quantum computer was categorically
>> different from IBM's, which was clear from my asking why I didn't know why
>> it was important whether it was IBM or Microsoft that factored 15. Clearly
>> then it was a misunderstanding on my part and not me being disingenuous.
>> But I do consider your deleting that part of my email as likely motivated
>> by disingenuous reasons.
>> >
>> > Jason
>> > _______________________________________________
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>>
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