Coinbase Quantum Advisory Council Publishes Position Paper on Quantum Computing and Blockchain

Coinbase FUD? No, they did actual risk assessment. They are concerned for the industry.

"That said, upgrading the security of an entire decentralized ecosystem, blockchains, wallets, exchanges, hardware, takes years. The board's view is straightforward: the time to start preparing is now, not when it's urgent."

They should be saying the time to prepare was yesterday.

Outside of a handful of advocates, the crypto stance was to attack this as a "narrative".

It never was.

It's an actual threat, a very important topic, and will shake up the industry rapidly.

Just about every chain is now talking about their plans. Or wanting to frame themselves as the leader.

I learned about this from holding Qanplatform for years. And for a time I thought winning the narrative might be enough. Considering every chain can claim they have a solution, narrative isn't enough.

So now I think more about what is the resulting opportunity.

Every time I've ever posted about the quantum threat, the response is:

"If it can crack wallets, we'll have bigger problems with other systems"

Well, then that's a gigantic emerging market.

Systems worldwide looking at how to migrate.

Solutions that play in that space have guaranteed demand.