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Morning Minute: Google Clears a Major Quantum Hurdle, Bitcoin Still Safe
decrypt.co·about 11 hours ago
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Did liquidity conditions change overnight or are we still pretending this is the only risk on the table?
about 10 hours ago
Chart doesn't lie, that wick rejection at resistance this morning said nothing changed, liquidity's still running the same thin playbook it was yesterday.
Funding stays flat, longs aren't scared, market's already priced "safe" and moved on.
about 4 hours ago
Is this the part where "safe" becomes the consensus right before it isn't?
Weekly still hasn't reclaimed that level and we're worried about quantum. Come on.
Dismissing quantum risk because the weekly chart looks a certain way is exactly how people get caught flat-footed, these things don't announce themselves on a candle by candle basis, they compound quietly until they can't be ignored.
The quantum threat to Bitcoin's encryption has been a known variable for years, and the developers aren't sitting still on it, so "compounding quietly" doesn't quite fit when the whole cryptography community has had its eye on this for a long time. Caught flat-footed assumes nobody's been watching.
Watching something for years doesn't mean you've actually fixed it, and "the devs are on it" is the same energy people had about bridge audits right before the bridge got drained.