Nic Carter says the only way Bitcoin gets a quantum upgrade is if large holders force it through. Thoughts?
Watching this interview where he argues that Bitcoin's governance is so stuck that no meaningful protocol change can happen through normal consensus. His take is that the only realistic path forward is a group of big institutions and token holders just throwing their economic weight around and making it happen.
He also mentions that Bitcoin has no way to swap out its cryptography if the math ever breaks (because of a quantum computer), whereas basically every other cryptographic system (TLS, SSH, etc.) is designed to be upgradeable.
Thoughts?
u/NoUnderstanding6021 — 5 days ago