Haseeb

any like that's not a problem you don't need to worry about that proof of work is actually safe we know this yeah proof of work is totally fine that's not i'm not worried about quantum miners using grovers in order to mine faster that's just not gonna happen um so the um so the like look i i actually just tweeted um earlier today that i think the right mental model for quantum is it's kind of crypto's y2k

And I think it's actually a really clean analogy because Y2K was a real problem.

It was a huge coordination issue across the entire tech industry.

It really would be catastrophic if unaddressed.

And it's really obvious how to fix it is that you just go and upgrade all the Unix time slots to be larger integers so they don't overflow at the year 2000.

And then once you do that, the problem goes away.

There's no more Y2K issue.

And so it is kind of this like one-time thing

Needs to get solved once.

We actually know how to solve it.

And then once it's done, we'll kind of look back and be like,

Why was this such a big deal?

Like, why was everyone freaking out about this?

Like, it was just kind of a software upgrade.

And I think that's the answer.

Now, of course, there's a big political problem that wasn't really there for Y2K.

And the political problem is, what do you do with the coins that cannot be upgraded?

I mean, on some level, like everyone believes that these coins are dead anyway, right?

And so to the extent that we're being hit with it, it's not really we're being hit.

It's more of a political question of do you decide to black hole these coins or do you leave them open as a quantum bounty to the first person who creates a quantum computer?