Ryan
👤 SpeakerAppearances Over Time
Podcast Appearances
And we haven't seen it in our times.
And this is what Ray Dalio makes the comment of.
Maybe we should leave with the Ray Dalio reminder, which is like in these unprecedented times, you need to factor in
the denominator changing on you.
Here's how he puts it.
For this very reason.
Don't do that.
But some people do.
And it almost never works, but it works 0.01% of the time.
And that's enough.
So there was a case, right, where there was a 509K sent to an attacker's wallet because of this address poisoning.
And that pays for the whole operation.
Well, address poisoning is pretty easy to avoid if you, like, don't do what we just said.
But, you know, I guess this is also a bit of a PSA on those types of attack.
But still, you were going to give me the bull case for ETH.
Yeah, I think that the message is they're going to be ready when it happens, you know, and it could happen as early as like the early 2030s and Ethereum is going to be ready.
That's right.
And as we've discussed, if that happens, Bitcoin is in a lot of trouble unless they do similar preparations because all chains need to replace some of their
with quantum secure cryptography.
I think Vivek from Etherealize agrees with you, David.