F0LA 🎭🦅

63% of Bitcoin transactions in October involved Runes. We analyzed all 4,674 blocks mined that month. > About 14 million out of 22 million > They were the majority in 55% of blocks > 15% had almost none Uptober got cancelled. Nobody told the Runes crowd 🧡

soooo, upvember?

Somewhere in a lab, a machine is learning your seed phrase (very slowly, it's still on the first word) Okay, technically it's after your private key. But quantum computers have been "about to kill Bitcoin" for years, so let's talk about what's real. > What even is a quantum computer? Not a faster laptop. Regular computers work with bits, 0 or 1. Quantum computers use qubits, which can hold a mix of both until measured. For most tasks that's useless. For a few specific math problems, it's a cheat code. > Why Bitcoin cares? One of those problems is the math behind Bitcoin signatures. Your public key comes from your private key, and going backwards is practically impossible for normal computers. In 1994, a mathematician named Peter Shor showed that a big enough quantum computer could do it. Get someone's public key, compute their private key, spend their coins. > So why are we still here? "Big enough" is doing a lot of work. Breaking Bitcoin would take far more stable qubits than any machine has today. Current chips are small and error-prone, closer to lab experiments than threats. > Then why does this keep coming back? Because the gap keeps shrinking from both sides. Labs announce better chips, and researchers publish papers that lower the estimate of how much power you'd actually need. Each time, the headlines return. The machine still doesn't exist, but nobody serious bets it never will. > What's actually at risk? Coins whose public key is already visible on-chain: addresses that have spent before and the oldest formats from Bitcoin's early years. Mining is mostly fine, since quantum helps far less against SHA-256. > What's being done Developers are drafting upgrades: new address types that hide public keys and room for quantum-resistant signatures. Nothing is activated. The loudest debate is what to do with old coins nobody moves in time: freeze them, or leave them for whoever gets there first. Changing Bitcoin takes years. That's why the conversation is happening now, and not when the machine shows up.