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George Mekhail

๐Ÿ‘ค Speaker
751 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

I'm not worried about Michael Saylor's wallets.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

I'm not worried about the people who are active.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

We're all going to upgrade and we'll be fine.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

um but because there's no central point to attack uh with quantum bitcoin's actually better is already quantum resistant in that sense right yeah um when we talk about quantum there's a lot it's like it's like y2k all over again right um there's everything everything touches some computer or some internet system so that like airplanes potentially could be falling out of the sky right like major infrastructure could be attacked there's going to be a lot bigger problems that we're going to have than you know whether or not bitcoin's going to be hacked but

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

I do want to take the FUD somewhat seriously and be like, here's something that a reasonable person could conclude.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

If I was a quantum hacker, that's probably what I would do.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

I'd go after Satoshi's wallets and assume that they're not going to be upgraded and try to extract those coins.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

That money then being dumped on the supply would be pretty catastrophic for the price.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Yeah, I mean, we've been getting better and better at absorbing large sell-offs.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

There's been a lot of whales that have sold this cycle.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

I've seen that.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Right?

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

So I think it'll be like an FTX type unwind if Satoshi's coins get released back into the supply.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Yeah.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

It's not detrimental.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

It's not going to kill Bitcoin.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

It's just going to be a setback, potentially, if that happens.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Yeah, every time, every time.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Yeah, and the market scooped it right up.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Yeah.