David Hoffman

Say I send Bitcoin for myself to you, a quantum computer with this amount of hardware could go and yoink and intercept that transaction.

So this breaks Bitcoin, basically.

It also breaks everything else.

It breaks Ethereum.

It breaks everything in crypto if we had that level of hardware.

That's exactly right.

That's the thing to underline is this is an algorithm improvement that reduces the amount of hardware required to go attack these systems.

And so it is still an engineering problem.

Actually, I was wanting to ask this question of how big of an engineering problem is it?

Is this something like fusion, which that's an engineering problem, but we have no idea how to solve fusion.

It's always like 15 years away or whatever.

Yeah.

We do have some qubits.

We do.

We have 50 logical qubits right now.

And the question is, can we scale that up?

And it's not like fusion, which is just like, oh, there's a lot more research to do.

This is purely an engineering problem.

Now, can we resolve the engineering problem?

I don't know.