Anthony Pompliano
π€ SpeakerAppearances Over Time
Podcast Appearances
But there's risk.
There's always risk.
Of course, nothing is risk-free.
And that risk, the latest thing that all the bears and critics want to lob onto and say, hey, this is why Bitcoin sucks.
It's going to go to zero.
That's called quantum.
Quantum computing now all of a sudden is a big, bad threat to Bitcoin.
I don't know.
I'm not a quantum physicist.
I'm not some crazy computer scientist.
But what I do know is there are studies that are coming out that are saying that quantum is making a lot of leaps.
There's also studies coming out like this one that Bitcoin News highlighted that says while quantum may pose a threat to Bitcoin's signature sometime in the future.
New research finds quantum computers are no threat to Bitcoin mining.
Even a best-case quantum miner would need 100 million qubits and 10,000 megawatts of power, roughly the electricity use of a large country.
At today's Bitcoin difficulty, the requirement explodes to near star-level energy.
That goes hard.
Star-level energy.
Quantum cracking mining is more than hard.
It's physically unrealistic.
I don't know.