No need for the wrong stride in quantum research. A government can make it illegal and seize the exchanges and watch actual value go to a round 0 in seconds.
A nation's government has a vested interest in preserving the value and viability of its own currency, not Bitcoin's.
> El Salvador is not recommending Bitcoin and found low interest in actual use.
El Salvador is not a person.
The president of El Salvador is hardcore Bitcoin believer. El Salvador, the country, is stacking as much Bitcoin as they can, despite pressure from IMF that tries (I wonder why?) to stop them.
> Madoff also had a fund that could return very well
Except he didn't. He was lying about returns of his investments and it crashed and burned when the truth came out.
Blockchain is fully transparent. Every Bitcoin transaction ever made is recorded in immutable database and you get to read the full ledger, from the day it was created.
There is no way to lie about Bitcoin transaction. The current price is decided by an auction with millions of participants.
OpenSSH >9.0 has algorithms in place for the post-quantum world:
* ssh(1), sshd(8): use the hybrid Streamlined NTRU Prime + x25519 key
exchange method by default ("sntrup761x25519-sha512@openssh.com").
The NTRU algorithm is believed to resist attacks enabled by future
quantum computers and is paired with the X25519 ECDH key exchange
(the previous default) as a backstop against any weaknesses in
NTRU Prime that may be discovered in the future. The combination
ensures that the hybrid exchange offers at least as good security
as the status quo.
RFC draft:
* https://datatracker.ietf.org/doc/draft-ietf-sshm-mlkem-hybri...
* https://datatracker.ietf.org/wg/sshm/documents/
See also TLS:
* https://datatracker.ietf.org/doc/draft-ietf-tls-hybrid-desig...
Additionally, El Salvador is only "dropping" bitcoin (officially) because they are being economically pressured by the IMF. So much for sovereignty for the little guy and democracy (he WAS elected, you know?).
Largest number factored with Shor's algorithm, 2012: 21
Bitcoin price, 2025: $90,000
Largest number factored with Shor's algorithm, 2025: 21
Point of numerology: 0
> All wallets could become worthless in a weekend if a government makes the wrong stride in quantum research..
TBF, you could say something similar about all stocks remotely related to transportation the moment someone invents a teleporter.
I agree there's a difference there, but I don't think it has to do with the vulnerability of the asset.
Bitcoin has none of those problems.
All wallets could become worthless in a weekend if a government makes the wrong stride in quantum research..
El Salvador is not recommending Bitcoin and found low interest in actual use.
Madoff also had a fund that could return very well. Satoshi just has to show up and cash out to ruin his pyramid or push the pyramid entirely to the US tax payers right now. Seems improbable like the chairman of NASDAQ running a scam..
These bizarre scams have no place in a real economy and we have to get rid of 0% interest to kill this garbage.