Ryan Sean Adams

speaker

4,484 appearances 13 recordings 1 series first heard Jan 2026 last heard 14 May

Ryan Sean Adams’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 13 in all, peaking in May 2026 with 3.

Appearances

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Bankless · Ethereum’s Quantum Strategy with Justin Drake · 23 Mar 2026 podcast

So QDA happens in a Justin Drake scenario, and maybe a Zcash is the first to have some form of an attack.

And then you might see some addresses on-chain that aren't very noticeable because the attacker won't want to draw their attention to it, some addresses on Bitcoin.

But then the attacker would kind of step things up and go for larger and larger treasure sources on Bitcoin.

Now, my understanding, we talked about this a little bit last year when he came on, we talked about quantum.

And then I've read some Nick Carter pieces currently, is that there is a portion of Bitcoin supply...

that is kind of in the lost coin type of scenario, which is like either the individual has passed away, lost their private keys, they're Satoshi themselves.

And I think Nick estimated this to be potentially up to the minimum threshold for that is like 1.7 million Bitcoin.

I know there are different estimates of this, which would be 8.6% of the mine supply.

So this is less than the 35% that you were talking about.

Maybe 35% is susceptible to an attack.

You have to imagine people who are trying to stay one step ahead of the zombie attack, they will, and they'll just move addresses to one that is not susceptible to this type of attack.

But if the coins are lost, if there's no access to private keys, then of course you can't move to an address that is not quantum attackable.

And so 1.7 million Bitcoin would be about 8.6% of supply.

And then the other estimates, you know, say that there could be as high as 15% of Bitcoin that's susceptible to this type of thing.

What numbers have you seen?

And what percent of Bitcoin do you think is just like lost and going to be susceptible to a post QDA attack?

Can we be clear on what you mean when you say there's two options, like two options for who?

So we have a scenario where post a Q day.

So if you believe in a Q day, OK, and you clearly do that, it's coming at some point in time.

we will have, say, 10% of all Bitcoin supply that can be attacked by whoever has the best quantum computer at that time.

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