
The podcast episode explores the debate around Bitcoin's vulnerability to quantum computing, focusing on the disagreement between Bitcoin developers, investors, and technologists. It highlights the "Factor 21" meme, representing the claim that current quantum computers can't even factor small numbers, while Alex Pruden argues that breaking 21 is the same as breaking everything due to error correction limitations. The discussion covers the potential risks of prematurely adopting post-quantum signature algorithms, such as larger blocks and reduced transaction throughput, as raised by Brandon Black. Nic Carter's perspective is introduced, suggesting that Bitcoin Core developers may be underreacting to the quantum threat, potentially impacting investor confidence and Bitcoin's price. The episode also touches on the counterarguments that developers are actively evaluating proposals and may even be overreacting.
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