George Mekhail
๐ค SpeakerAppearances Over Time
Podcast Appearances
I'm not worried about Michael Saylor's wallets.
I'm not worried about the people who are active.
We're all going to upgrade and we'll be fine.
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
I do want to take the FUD somewhat seriously and be like, here's something that a reasonable person could conclude.
If I was a quantum hacker, that's probably what I would do.
I'd go after Satoshi's wallets and assume that they're not going to be upgraded and try to extract those coins.
That money then being dumped on the supply would be pretty catastrophic for the price.
Yeah, I mean, we've been getting better and better at absorbing large sell-offs.
There's been a lot of whales that have sold this cycle.
I've seen that.
Right?
So I think it'll be like an FTX type unwind if Satoshi's coins get released back into the supply.
Yeah.
It's not detrimental.
It's not going to kill Bitcoin.
It's just going to be a setback, potentially, if that happens.
Yeah, every time, every time.
Yeah, and the market scooped it right up.
Yeah.