Degen

Caught a fairly recent interview with Charlie Munger where he said he’s against Bitcoin because he doesn’t believe in its scarcity. He argued that unlike gold, if there’s enough incentive, someone will figure out how to make more of it.

Thought that was an interesting take.

Hope everyone has a great holiday weekend!

Makes me think of how some people were talking about quantum computers recovering lost bitcoin to go back into the pool

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Oh dang, I didn’t even think about quantum computing. Tagging @cadillion since he’s working in that space now.

Yeah, it's totally possible to return dead BTC back to the pool with quantum computers. We're actually working on a quantum proof of work protocol to show that keys are progressively more vulnerable over time and reward QPU miners for doing this public service.