Crypto is guaranteed to collapse because it's a massive speculative bubble built on a foundation of "who can waste the most electricity and semiconductors", to produce a product whose primary application is facilitating crime.

Breaking SHA-256 would be funny, but I'm told that it's unlikely even with quantum computers. A large scale OS hacking event, or just normal economic forces seem a more likely end.

Way worse than that would be other encryption being at risk in my opinion, but I've fallen out of interest in crypto. I love the tech, but that will never take hold in the real world because everyone will follow the normie standard for trading and it won't become that. I don't like the value idea anymore either. The money people have their fingers in it now, they will just manipulate it for profit.

And todays public-key encryption standards will upgrade to tomorrows quantum-key encryption standards.

It's like Leon Battista Alberti wrote on Johannes Trithemius' birth certificate "ROFLMAO xD".

quantum computers are not cheap to build or operate. there is no such thing as "q-day."

aside from that the NSA can break several systems right now just for fun and probably have several "weakening attacks" against everything else. that then allows them to use regular brute force to break things.

there is a whole branch of "post quantum crypto" which already exists and which you are already using. we've been deploying this since the 2010s.

fucking "q-day." you've got to be shitting me. black pilled retardation of the highest fucking level. posting "infobox" results from Google is a sign that you are doing something stupid. stop, ignore the google jew box, and go do real work to learn.

finally crypto is vulnerable to a 51% attack. who gives a fuck about using expensive quantum computers to front run miners?

Spooks have invented ways of breaking through encryption standards. It's called electrocuting your balls.

Crypto can change to quantum encryption standards and will.

Quantum computing is fake and gay.

AI has already hacked most software and systems and it's here now.

I just can't see Crypto being used for anything other than money laundering or gambling. Maybe I'm short-sighted but I can't see the value proposition for using it as an anonymous online transaction when the currency can crash to zero value for some random reason. It's too volatile.

Research into quantum computing is like research into nuclear fusion reactors :

Tens of billions of dollars thrown at it, yet could never get it to output anything useful.

I'll believe it when it produces real results.

“Crypto is guaranteed to collapse”

Every coin has the ability to change which cryptography it uses. And some of them are Quantum proof…

q day

There is no guarantee quantum computers can "break" any modern encryption. Only speculation.

Most advanced models show it might cut decryption time by a square root factor. So instead of 100 trillions year, what, 10M years to crack a single bitcoin wallet?

There is a chance Quantum computers dont change much at all, muh error correction.

Fearmongering and lies

So wouldnt this be able to break any encryption security? Not just crypto but banking, emails, peoples account and so on?

Silverrrrrrrrrrr and Gold, Silverrrrrrrrrrrrrrrrr and Gold -hums the janky Yukon Christmas tune while swinging a pickaxe on the side of a mountain-