Is Bitcoin exposed to long-term security risks?

Añadido: 2026-05-25

[00:00:00]The Bitcoin story is is is nice. It's a It's a really nice concise story, but the it just doesn't like hold up to reality. That's the thing. Like I would love if it held up to reality, but it doesn't. For as you mentioned, the fact that they're going to have to change to, you know, fend off this quantum threat.

[00:00:15]But also that 21 million cap means that they're you know, in the relatively near future there's going to be what's what I call or I guess I what the industry calls a security budget issue where there won't be enough Bitcoin to pay the miners unless the price goes up massively, which I don't think it's going to go up massively from here. It's already pretty large as an asset. And by massively I mean to like a million a coin sort of thing.

[00:00:37]>> Yeah. Um and and that means that uh miners go offline, the network becomes less secure, becomes more open to attack, things like that. So, there are a lot of different things that yes, it'd be nice if like that original vision worked, but in reality just doesn't um and it's not secure for the long term.