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Ryan Sean Adams (rsa.eth)

@rsa.eth

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Will Quantum kill Bitcoin? just recorded a podcast with quantum computing legend scott aaronson and cryptographer @drakefjustin 7 takeaways: 1) quantum computers that break current bitcoin & ethereum cryptography are simply a matter of when not if - it's now just a matter of engineering and scale 2) if quantum computers with millions of qubits happened overnight bitcoin & ethereum would be wrecked - attackers could steal trillions in assets and generally god mode both chains - fortunately we still have years until this is possible 3) but when that day comes bitcoin is in for a rough ride - not on the tech layer but on the social - "the community" will have to make a call on bitcoin property rights - no clear path to dealing with the 1 to 4m btc that can be stolen by the quantum attacks (5-20% of all bitcoin lost/inactive cannot be upgraded) - does bitcoin let this happen or breach its immutable property rights - which is least bad for number go up? do we fork?
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AI agents in ethereum are not priced in they will buy our blockspace they will buy our ETH on december 12st @zerebro became the first AI agent to stake 32 ETH and spin up an ethereum validator where did it get 32 ETH? earned the ETH from humans by minting and selling its artwork why stake? for passive income - staked ETH is the internet bond - 3.2% yield in an digital gold with productive yield think about this for a min an AI agent generated human attention, converted that attention into an internet native income source that can't be frozen or censored and returns fees indefinitely and in the act of doing this - running an ethereum validator - the agent is increasing the security and liquidity of a property rights system that other agents can use to capture value, convert into staked ETH, and participate in the same way we assume humans are the holders and stakers of eth but what if it's AI agents? we assume humans choose the next store of value, but maybe what the AI's choose is far more important
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I'll add my debanking story. I was debanked by Bank of America in 2019 for sending transactions to coinbase and operating a Cosmos staking as a service company - just a dear john letter, no explanation. Shortly after my 2 person staking company was sent a letter of veiled threats by the SEC with accompanying demands for discovery documents including every email, invoice, contract, and detailed legal explanation for everything i was doing. The legal reply cost mega $$$ - i shut down the staking business after realizing i couldn't fight the U.S. gov alone then got 10x pilled on DeFi and started Bankless. If you tell normies the bank shut down you down and you got a letter from the SEC they assume you're a criminal so you don't tell people. That's the insidious part - they try to isolate you. I’m not saying my debanking story is the most tragic thing ever woe is me. I'm doing fine. What I'm saying is this shouldn't happen in America.
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