There's no second best #bitcoin#meme@saylor
"It's not like Google and Facebook. It's not like Apple and Amazon.. This entire idea of like 60% dominance is bullshit, ridiculous, stupid, right? Like, it's stupid."
Hunter Biden a Bitcoin maxi?
Hilarious timeline we're in, the crypto president busy max extracting crypto while the guy that the entirety of crypto hates speaks of his love for crypto
@isabellasg3 Isa, did you ever read Andreas's Mastering Bitcoin?
On page 63 it says "The first and most important step in generating keys is to find a secure source of entropy, or randomness..."
Before teaching others it's advisable to read & understand the basics of what you teach.
@101011Chungus@Sci_Nature0 What a retarded comment. That is not a demonstration, for that you'd need to learn maths. It's a visualisation of planets moving across space-time curved by the Sun and their own masses. Is it so hard to understand?
BITCOIN RAILS #61: QUANTUM CRYPTOGRAPHY FOR BITCOIN | with Dan Boneh @danboneh
🔗 YOUTUBE: https://t.co/K6iQsaFM4k
🌿 SPOTIFY: https://t.co/SZSF3UbtzQ
One of the most prolific and influential cryptographers in the world, it’s difficult to fully quantify the impact that Dan Boneh has had on Bitcoin and digital assets more broadly.
Through both his own research and his mentorship of some of the space’s most important contributors — e.g. Andrew Poelstra, @benediktbuenz, and @robin_linus — few people have done more to shape the cryptographic foundations underlying modern blockchains and digital finance.
More recently, Dan co-authored @Google's widely discussed paper, “Securing Elliptic Curve Cryptocurrencies against Quantum Vulnerabilities,” which reduced prior estimates of the resources required to run Shor’s algorithm against the elliptic-curve cryptography used by Bitcoin.
The paper reignited debate around quantum computing timelines and the long-term security assumptions behind modern cryptocurrencies.
In this episode of Bitcoin Rails, Dan and I discuss the current state of quantum computing, its potential implications for Bitcoin, and how he believes the Bitcoin community should think about preparing for a post-quantum future over the coming decade and beyond.
And yes, Dan shares his take on the “when quantum” question in the interview, among other key perspectives.
This episode of Bitcoin Rails is brought to you by my NEW sponsors:
LayerTwo Labs @LayerTwoLabs — developing research, software, and technologies for scaling Bitcoin via the integration of Drivechains (BIP 300/301)
Hashi on @SuiNetwork — a primitive for executing Bitcoin Defi transactions, without having to trust a federated bridge or other centralized entity
BitBox @BitBoxSwiss — an open-source Bitcoin-only hardware wallet, with smooth UX and no compromises on security. Check out Bitbox [dot] swiss and use code BITCOINRAILS to get a discount
TIMESTAMPS:
00:00 — Intro and Dan’s history with cryptography and Bitcoin
11:44 — Shor's algorithm: how a 1994 paper became cryptography's most important threat
16:39 — Building a quantum computer: superconducting qubits vs neutral atoms
25:37 — When should we start worrying about quantum computers? The timeline debate
31:51 — Have we already reached quantum computing's “ahá” moment?
39:09 — Inside the Google paper: how Shor's algorithm was optimized
49:57 — The Bitcoin mempool attack and the 10-minute window
59:21 — Mitigation: what should Bitcoin do to prepare for quantum?
1:11:54 — Hash-based vs lattice-based signatures: Dan's case for lattice
1:23:15 — ZK proofs, BIP361, and what to do with Satoshi's coins
1:31:52 — Encrypted mempools and MEV
1:38:29 — Why Bitcoin will survive quantum and Dan's message to Bitcoin builders
Don't let anyone convince you that Bitcoin belongs to Wall Street or big corporations.
Its strength comes from the millions of people around the world who wake up every day and earn, save, stack, and hold.
You matter. Bitcoin has always been a grassroots monetary revolution.
@zerohedge True.
That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.
You need to watch this interview with Jamie Dimon and understand how incredibly important the Clarity Act is for the banks to maintain absolute power over the people.
Jamie Dimon (aka the God King of fiat) speaks for the banks they are about to lose control to Bitcoin and crypto.
This is the single most important event in the institutionalization of crypto since the spot Bitcoin ETF was approved in January of 2024.
There are compromises being made on both the crypto lobbyist side as well as TradFi banking — Dimon does not want to compromise — he wants the banks to maintain absolute control like they have for decades — why wouldn’t he?
I am not a huge fan of Coinbase but Brian Armstrong is spearheading this campaign (with significant incentives) to offer a better opportunity for all investors in the U.S. and in crypto largely.
Dimon is trying to stifle innovation and Armstrong is pushing for it. Everyone should be rallying behind Coinbase and Brian right now — Dimon looks like a buffoon showing up on FOX to say he is “full of sh*t”.
This will eventually blow up in his face. The race to adopt crypto is much bigger than any one person, even Jamie Dimon. You cannot stop a technology whose time has come.
When the technology ultimately benefits the common person, those standing in the way of freedom technology will soon be run over.
The pizzas may have cost 10,000 BTC…
but this COLDCARD is free 🍕
We’re giving a COLDCARD Q away for Bitcoin Pizza Day!
To enter:
• Follow
• Repost
• Comment your favorite pizza topping🍕
Don't forget our Bitcoin Pizza Day sale is live:
15% off at https://t.co/rbbl2BO8ub
Italian efficiency when it comes to coffee should be studied.
In Italy:
- Walk into a bar and look at the guy
- Un caffe
- 30 seconds later it’s ready
- Shoot it
- Leave €1
- Walk out
In the US:
- Join a line
- Wait
- Order coffee
- Answer 12 questions: Size? Milk? Roast? Sugar? Temperature? Colombia beans? Name? How do you spell it?
- $12.34
- Ask for a 20% tip. Click 5 times on a ipad to have a custom tip
- Tap phone
- ask where to send the invoice
- Wait again on a different line
- Someone call a name that sounds similar to mine
- get the coffee
- too hot, can't drink it
- finally at temperature
taste like shit
NEW: 🇺🇸 US Senator Cynthia Lummis says lawmakers are trying to best figure out "how you can use bitcoin as a means of exchange without paying capital gains tax" 👀
After more than half a decade, @krakenfx just became the FIRST digital asset company to gain direct access to the American payment system.
We are creating the 21st century financial services industry.