Justin Drake suddenly reminded the entire crypto industry:
It’s time to start thinking about “bunker mode.”
The reason isn’t a bear market or regulation.
He’s worried that AI is advancing so quickly that it could eventually find a shortcut to breaking the cryptography used by today’s wallets.
Vitalik joined the discussion, too.
The most interesting part:
Retail investors spend every day wondering whether Bitcoin will go up or down tomorrow.
Meanwhile, the people building the foundations are already asking:
Will your wallet still be secure a few years from now?
That’s why I increasingly feel that price is just the surface.
If Bitcoin falls from $80,000 to $60,000, I can still buy.
But if the underlying security really is compromised, the impact would be felt across the entire industry.
Short-term traders watch the charts.
Long-term thinkers ask whether this system can survive for another 10 years. CoinDesk
It’s time to start thinking about “bunker mode.”
The reason isn’t a bear market or regulation.
He’s worried that AI is advancing so quickly that it could eventually find a shortcut to breaking the cryptography used by today’s wallets.
Vitalik joined the discussion, too.
The most interesting part:
Retail investors spend every day wondering whether Bitcoin will go up or down tomorrow.
Meanwhile, the people building the foundations are already asking:
Will your wallet still be secure a few years from now?
That’s why I increasingly feel that price is just the surface.
If Bitcoin falls from $80,000 to $60,000, I can still buy.
But if the underlying security really is compromised, the impact would be felt across the entire industry.
Short-term traders watch the charts.
Long-term thinkers ask whether this system can survive for another 10 years. CoinDesk