Episode notes
Is Bitcoin's encryption more vulnerable to quantum computing than we thought? A new Google paper says the threshold to crack elliptic curve cryptography dropped from 20 million qubits to just 500,000. Sam Lyman, Zack Cohen, Zack Shapiro and Ken Egan from the Bitcoin Policy Institute discuss the geopolitical implications, the race between developers and institutions to lead Bitcoin's quantum upgrade, and why "not your keys, not your coins" is about to be tested like never before.
Connect with Zack Shapiro on X: https://x.com/zackbshapiro
Connect with Zack Cohen on X: https://x.com/zackcohen_
Connect with Ken Egan on X: https://x.com/Bayman11771
Learn more about the Bitcoin Policy Institute: https://www.btcpolicy.org/
Chapters:
4:45 — Google's Quantum Paper: 500K Qubits Could Break Bitcoin
9:16 — Why Q-Day Is Closer Than We Thought But Not Imminent
12:48 — Qubits Explained: Logical vs Physical and Why It Matters
18:12 — Vulnerable Bitcoin Addresses and the Mempool Attack Window
20:15 — Stakeholder Map: Institutions, Governments, and Lost Coins
26:21 — Not Your Keys Not Your Coins Under Quantum Threat
30:14 — Migration Windows, Coinbase Rewards, and Hard Fork Options
37:34 — Could Institutions or Governments Hijack the Upgrade Process
46:04 — Strategic Bitcoin Reserve and Government's Role in Quantum Defense
51:05 — AI Tools Update: Claude Dispatch, Computer Use, and Bitcoin's Future
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