@valueandtime If you truly want to settle down, then the women you’re dating really shouldn’t have any idea how much your net worth is. Because it shouldn’t matter as long as you’re keeping the lights on and buying dinner.
Ossification is one of bitcoins's most fundamental benefits that is rapidly becoming it's biggest risk.
Staying nimble is becoming the safer option. Bitcoin can't shrug forever in the face of rapidly advancing AI and quantum tech. It eventually will need to settle for some huge changes, and when that happens $BTC loses it's most fundamental property - that it does not change easily.
That's a key reason to diversify into assets like $ZEC which have conversely proven to adapt and improve with immense pace.
These can be hugely complimentary store or value assets.
I think Justin Drake's latest alarmism/vagueposting is going to do a ton of damage in multiple ways. It's basically a huge self-own for their own advocacy work on quantum stuff.
Threats from quantum/AI are real, and teams throughout this industry are making considered decisions about how to respond to those risks in a practical way, and to help their users navigate the uncertainty.
Some of those teams have really good cryptographers with an excellent grasp on the decisions they can make, others have to take their cues from trusted experts. There are so many dimensions to optimize along! And due to the complexity involved, it's almost impossible to explain this stuff to non-cryptographers.
Experts have to be cognizant of all this, and of their responsibility to be levelheaded.
After the fog clears up and people learn from their cryptographer friends what is actually going on, they're going to discover this was (at best) an unintentional marketing stunt and a lot of trust will be lost. And nobody will really know what to do...
This is a shame, because they are directionally correct. It actually meant something when they sounded the alarm before. They've just gradually descended into unhinged predictions without feedback to discourage it.
Can anyone, I mean seriously anyone, justify this debacle? It permanently colors all the legitimate concerns/predictions about classical crypto going forward. By their own admission, there was no new information that drove this. I think Justin Drake should explain how he thought this was the right approach, even if he genuinely believed what he was saying.
Baffling.
would be cool if there were a project designed with "bunker mode" in mind since day 1 with the best cryptographers, quantum plan, and privacy in the industry
zcash was quite literally created for this
and btw, no, do not move your funds no matter what chain youre on