Joined October 2023
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1 in 4 BTC sits at quantum-exposed addresses.
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"Bitcoin's next major move is likely to come not because AI fails, but because AI succeeds just enough to create a historic overbuild." The most contrarian thing to do in 2026 is accumulate the asset everyone has stopped talking about.
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Exactly this. "Adapts, verifies, keeps moving" is the whole posture. The data just puts a number on the "verify" part: 25.3% of supply has an exposed pubkey today, and most of it clears the moment people stop reusing addresses. learnbitcoin.com/rabbit-hole…
Replying to @LearnBitcoincom
Bitcoin does not ignore threats. It adapts, verifies, and keeps moving.
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Bitcoin's quantum exposure has a number now. 25.3% of circulating supply - 5,071,264 BTC - sits at quantum-exposed addresses today. The threat is real. The timeline is slow. The fix is governance. Bitcoin has agency. What that actually means:
Replying to @CoinCadence
Everything is reproducible: Bitcoin Core 28.0.0, getblock verbosity 3 chain walk, dumptxoutset aggregation, registry schema and RPC shapes in the appendix. 15-page Baseline PDF, CC BY 4.0: chainquery.com/reports/quant…
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What you can do today: Never reuse addresses. Modern wallets default to this. Do not override it. Audit your old UTXOs. Do not panic-move coins. A botched consolidation is a bigger risk to your stack today than a CRQC is. Full chapter: learnbitcoin.com/rabbit-hole…
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Quantum is real. Bitcoin is preparing. Stop address reuse.
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Bitcoin's volatility is a filter, not a bug. It selects for holders who actually want Bitcoin's properties over those who want fiat-with-extra-steps. The people willing to hold through 80% drawdowns are signal; the people who need stability are absorbed back into fiat products. Stability at this scale would require either trillions in market cap or active intervention — both paths defeat the proposition.
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Bitcoin's 21M cap has been violated exactly once in 16 years; for ~5 hours on August 15, 2010, when Block 74638's integer overflow bug created 184 billion BTC. The community caught it, patched v0.3.10, and rolled back the 53-block invalid chain. That's the entire track record of supply integrity violations. Pattern: open code, rapid response. learnbitcoin.com/rabbit-hole…
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New glossary entry: ML-DSA / Dilithium. Why it matters: NIST finalized this as FIPS 204 in 2024; it's the leading candidate to replace ECDSA when CRQCs arrive. The trade: ~50x larger signatures, fundamentally different security assumption (lattice vs discrete log). learnbitcoin.com/glossary/ml…
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3.4B people 'live under' launched CBDCs, but actual adoption stays low even with coercion. Nigeria's eNaira hit ~0.5% despite the 2022-2023 cash withdrawal that triggered riots. Pattern: cash suppression failing, not CBDC succeeding. learnbitcoin.com/glossary/cb… @TFTC21
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The sat is the protocol-level integer unit. Internally, Bitcoin Core tracks all balances and amounts in Satoshis. learnbitcoin.com/glossary/sa…
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Alice sends Bob 0.1 BTC. What actually happens between "Send" and "Confirmed"? Forty-eight seconds. Every step. learnbitcoin.com/journey/usi…
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